Gana Weinstein LLP Investigating Investor Losses in Inspired Healthcare Capital Fund
Gana Weinstein LLP is currently speaking with investors who suffered losses after purchasing shares of Inspired Healthcare Capital Fund, a non-traded REIT. In August 2025, the Fund disclosed it was suspending dividend payments. Around the same time, the company announced plans for a third-party financial review and the winding down of its senior living management division, according to reports from Senior Housing News.
Background on Inspired Healthcare Capital Fund
Inspired Healthcare Capital operated Volante Senior Living, which oversaw more than 20 senior living communities. By mid-2025, the portfolio was transferred to a new operator, and in June 2025, Inspired announced it would be restructuring its business.
The Risks of Non-Traded REITs
Real Estate Investment Trusts (REITs) allow investors to pool money into income-generating real estate. Brokers often pitch REITs as reliable sources of retirement income because they are required to distribute at least 90% of taxable income to shareholders.
However, non-traded REITs are uniquely risky. They are illiquid, meaning investors cannot easily sell their shares if they need cash, and redemptions often involve steep fees and long wait times. Non-traded REITs are not listed on public exchanges, limiting transparency, and frequently come with unusually high fees.
Broker Responsibilities Under Industry Rules
Brokers who recommended Inspired Healthcare Capital Fund were required to comply with securities industry standards, including Regulation Best Interest. That rule builds on FINRA’s Suitability Rule, requiring brokers to ensure investments align with a client’s financial needs, risk tolerance, and liquidity profile. Regulation Best Interest also obligates brokers to fully disclose conflicts of interest, such as the significant commissions associated with non-traded REIT sales — reportedly as high as 8% in this case.
Investors often learn about these offerings at “free lunch” seminars, where sales presentations are heavily commission-driven. In many cases, investors are not made fully aware of the risks.
How Gana Weinstein LLP Can Help
The securities attorneys at Gana Weinstein LLP have extensive experience representing investors who lost money in non-traded REITs. We regularly assist clients through the FINRA arbitration process, the forum where most disputes against broker-dealers are resolved. Our firm has a proven track record of helping investors recover losses tied to unsuitable or improperly recommended investments.