Yes about 10 yrs ago, my mother's Ameriprise broker got her into both KBS and Inland to the tune of $50K (about 35% of her portfolio).    Of course by the time I started looking into her investments after she hit 70, I found these were nonredeemable and had lost almost 30% of their value.      

I immediately closed and transferred all her other assets at Ameriprise (which in itself was a long, drawn out process taking several months) to a self-directed account at Schwab.   Of course our advisor asked why I had such a bad view of Ameriprise and wanted to close the account.    I told her it was basically her poor (basically no) communication style and idiotic investment advise.   I wouldn't trust her to run a lemonade stand.