Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has approved a $14.50 net asset value per share of the companys common stock, as of December 31, 2020. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. The firm would also change its name, calling itself Global Net Lease, Inc. A news release from Healthcare Trust II, a publicly registered, non-traded REIT, said its Board of Directors had determined in consultation with its financial advisors KeyBanc Capital Markets and RCS Capital that moving forward with a listing application was in the firms best interests. In a filing with with Securities and Exchange Commission, the company indicated that any future distributions, if and when declared, will be paid on a quarterly basis in arrears in shares of common stock valued at the net asset value per share. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? The firm is led by Scott Silver, a former Wall Street defense attorney who has been representing customers in securities and investment fraud cases since 2002. 1-866-861-5576 AR Global's Healthcare Trust REIT NAV Plummets Healthcare Trust is a non-traded REIT which invests in multi-tenant medical office buildings. For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. HTI is a $2.6 billion (1) healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings ("MOB") and Senior Housing Operating Properties ("SHOP") (1) Based on total real estate investments, at cost of $2.6 billion, net of gross market lease intangible liabilities of $23.5 million as of March 31, 2022. Both AR Capital- sponsored REITs were part of the real estate empire built by Nicholas Schorsch, the embattled former chairman & CEO of American Realty Capital Properties and head of numerous non-traded REITs, business development corporations and other partnerships. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. The original purchase price of Healthcare Trust Inc. was $25/share. Unfortunately for investors it appears that many financial advisors/brokerage firms that sold non-traded REITs such as Healthcare Trust Inc. may have understated or misrepresented the risks and liquidity problems. All Rights Reserved. In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. Get Free Stock Picks, Macro Market Events & Options Strategies. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. Click here to visit The DI Wire directory sponsor page. Shares of the Healthcare Trust REIT were originally priced at $25 per share. The Healthcare Trust Inc. Shareholders may have Claims The White Law Group continues to investigateFINRA arbitration claimsinvolving Essex National Securities Inc. and Infinex Investments Inc. are Allegedly Responsible For Losses In High-risk Alternative Investment, (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. Healthcare Trust, Inc. (formerly known as ARC Healthcare Trust II) is a non-traded real estate investment trust (REIT) which seeks to acquire a diversified portfolio of real estate properties, focusing primarily on healthcare-related assets including medical office buildings, seniors housing and other healthcare-related facilities, according to Investors must rely on the sponsors to provide a net asset value. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Non-Traded REITs Problems Similar to AR Global REIT. Is it a Buy? There were substantial conflicts among the interests of our investors, our interests and the interests of our advisor, sponsor, dealer manager and our and their respective affiliates, which could result in decisions that are not in the best interests of our stockholders. Kurtz stated that her resignation is not related to any disagreements or disputes with management of the companies. The real estate capital markets, while somewhat volatile, still offer, in our opinion, the best strategic alternative to monetize value for our stakeholders, while not foreclosing other options.. You should consult an attorney for individual advice regarding your own situation. Files Chapter 11 Bankruptcy, Lucira Health Inc. The REIT conducted its initial offering in February of 2013 and raised a total of $2.2 Billion in investor equity, according to The DI Wire. Meanwhile, its former sister company, American Realty Capital Healthcare Trust, Inc. completed its merger with Ventas, Inc. the largest healthcare REIT in the United States, in mid-January. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. Other major contributors to the lower NAV included the fair value of the companys debt ($0.92), and the liquidation value of 1.6 million shares of its Series A preferred stock ($0.43). Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. For more information, please read our full disclaimer. ARC Healthcare Trust II to List on Stock Exchange, Change Name, American Realty Capital Global Trust, Inc, A Closer Look at Tech Layoffs Impact on Office Leasing, MVK Capital JV Buys Minneapolis-Area Shopping Center, CF Industries to Relocate Suburban Chicago HQ. AR Global's Healthcare Trust Declares Annual NAV Per Share The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has declared a net asset value per share of the company's common stock, as of December 31, 2021. Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. To contact us for a free confidential consult, you can call us at (800) 277-1193. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. To learn more about the firms investigation of Healthcare Trust Inc. please see: Healthcare Trust Inc. (ARC Healthcare Trust II) Decrease in Value *UPDATED*. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. The original offering price was$25.00/share. Written by The White Law Group October 5, 2022 Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Subject to approval, the common stock would begin trading during the third quarter. AR Globals Healthcare Trust Declares Annual NAV Per Share, Click here to subscribe to our Daily News Updates, Shopoff Realty Investments Hires New Chief Financial Officer, UBS, Envestnet and iCapital Launch Alternatives Exchange Platform, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. This included the fact that AR Global was the sponsor of nine other publicly offered programs. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. American Realty Capital Healthcare Trust II, Inc., is the latest AR Capital-sponsored REIT to seek a liquidity event by trading its common stock on a national stock exchange. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Seattle Washington. Our law firm has been in existence for more than 65 years, and is recognized as one of the preeminent law firms in the United States. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. December 3, 2021 AR Globals Healthcare Trust Changes Distribution Policy and Suspends Repurchases, Click here to subscribe to our Daily News Updates, Cole Office & Industrial REIT (CCIT III) Increases Net Asset Value Per Share, Sponsored: Capital Square First Half 2020 Update, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. This belief is based on the most recent estimated net asset value per share of $21.45 (approved by the Board on March 30, 2017.). The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. The REIT is not restricted from paying dividends on its Series A Preferred Stock. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has amended the companys distribution policy and share repurchase program. It said the assets included medical office buildings, seniors housing and other health-care related facilities. Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. The REIT also declared a quarterly stock dividend of 0.014167 per share that will be paid on April 18, 2022 to shareholders of record at the close of business on April 11, 2022. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. The companys primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. Under the FINRA Rules brokers and advisors are required to conduct reasonable due diligence and are only permitted to recommend investments that are suitable for the clients risk tolerance and needs. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share Speak with a lawyer to find out if you have a claim. She received her law degree from American University in 2005. The White Law Group continues to investigate. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. High commissions could be a motivating factor for unscrupulous financial advisors to sell the REIT regardless of whether the investment is in line with the clients investment objectives and profile. (NYSE: JNJ). Investors looking to sell these investments often have difficulty finding a buyer, and if they are able to find one can suffer significant losses on the sale. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. Kroll LLC (formerly known as Duff & Phelps), an independent third-party real estate advisory firm, assisted with the valuation and provided an NAV per share range of $13.78 $15.50, with a midpoint of $14.61 per share which is $0.39 lower than the declared NAV per share. 2015 by The White Law Group, LLC All rights reserved. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. We are getting many calls from non-traded REITs investors that are trying to recover their losses, says Jason Haselkorn, a national investment fraud lawyer. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration. According to recent SEC filings, the board of Healthcare Trust Inc. has approved a$17.50 net asset value per shareof the companys common stock as of December 31, 2018. Copyright 2023 Healthcare Trust Inc. All Rights Reserved. Portfolio Property Map. As of September 30, 2020, the company owned 885 properties totaling 19 million rentable square feet, including 852 single-tenant net leased commercial properties (814 of which are retail properties) and 33 multi-tenant retail properties. Advisors who recommended their clients to invest in Healthcare Trust Inc. REIT or other similar investments may be liable for losses suffered by the clients. While REITs are often marketed as low-risk, high yield investments, FINRA and the SEC have recently increased scrutiny into the marketing of these investments. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. These types of investments are only supposed to be sold to accredited investors. Healthcare Trust Investors may have lost a significant amount of their original investment, and may even remain stuck in the non-traded REIT. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. Speak with a lawyer today to learn more about our REIT lawsuits. The firm has successfully litigated against some of the largest companies in the United States, and has recovered more than a billion dollars on clients behalf. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. According to SEC filings on March 13, 2018, Healthcare Trust, Inc. commenced a self-tender offer for up to 2,000,000 Shares at a price of $13.15 per share. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. This is a national conference attended by 1,500 lawyers each year where we teach how to successfully handle lawsuits against the largest companies in the world. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP and certain of its affiliates to stockholders of the Company to purchase up to 2,000,000 shares of the Companys common stock, par value $0.01 per share at a price of $12.11 per share in cash. His departures came after an accounting scandal was disclosed in October at ARCP. Since then, the share price has decreased dramatically, reaching an estimated net asset value (NAV) of $15.75 as of December 31, 2019. Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. Below are some of the emails and letters that our clients have sent us. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors.
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