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SEC web site: Form 8-Ks
Investing in real estate entails certain risks, including changes in: the economy, supply and demand, laws, tenant turnover, interest rates (including periods of high interest rates), availability of mortgage funds, operating expenses and cost of insurance. Some real estate investments offer limited liquidity options. Further, investing in Total Realty Trust’s common stock involves additional risks specific to Total Realty Trust, including, among others, that (i) Total Realty Trust has no operating history or assets and there is no assurance that it will be able to successfully achieve its investment objectives; (ii) Total Realty Trust’s advisor and its affiliates will face conflicts of interest as a result of compensation arrangements, time constraints and competition for investments; (iii) there is no public trading market for its common stock and limited liquidity for an investor; and (iv) the use of leverage increases the risk of loss.