Healthcare Trust Inc. was originally known as American Realty Capital Healthcare Trust II, Inc. Healthcare Trust was a high risk investment, and it should have only been recommended to investors who could afford a complete loss of their investment. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. with the SEC, the REITs board claims in its latest valuation that the NAV has increased slightly from its previous value of $14.50 to $15.00 per share,yet the independent third-party real estate advisory firm, Kroll LLC indicated thatthe NAV per share range is actually$13.78 $15.50, with a midpoint of$14.61 per share. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Unfortunately, many people that invested in non-traded real estate investment trusts (REIT) are experiencing major losses when they try to sell their investments. Contact us now for a free consultation! 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. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. The companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. August 18, 2020 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. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry.
He is a founding partner of AR Global and has served as a leading executive and board member on several publicly-traded and non-traded real estate companies. Free AlphaBetaStock's Cheat Sheet (No CC)! It said the assets included medical office buildings, seniors housing and other health-care related facilities. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. February 23, 2021 Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, and American Finance Trust (Nasdaq: AFIN), a former non-traded REIT, have each reported that Katie Kurtz will resign as chief financial officer, secretary and treasurer.
So the tender offer, which expires in April, offer nearly half the boards value. 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. AR Global's HTI was incorporated on October 15, 2012, as a Maryland corporation that elected to be taxed as a real estate investment trust (REIT). Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. If you suffered losses investing in Healthcare Trust Inc., at the recommendation of your financial advisor, the securities attorneys at The White Law Group may be able to help you recover your losses. Get Free Stock Picks, Macro Market Events & Options Strategies. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has approved a net asset value per share of the companys common stock, as of December 31, 2020.
The original offering price was$25.00/share. 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.
The June announcement came two months after ARC Healthcare Trust stock began trading on the NASDAQ under the symbol HCT. Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has announced the pricing of an underwritten public offering of 2.2 million shares of its 7.375% Series A cumulative redeemable perpetual preferred stock. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 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. Get a free and confidential consultation. 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. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. To learn more about the firms investigation of Healthcare Trust Inc. please see: Healthcare Trust Inc. (ARC Healthcare Trust II) Decrease in Value *UPDATED*. You can contact attorney Michael Bixby directly at Mbixby@levinlaw.com to discuss your potential claim, or fill out an evaluation form or give us a call and we will provide a complimentary review of your potential claim. The REIT also declared a quarterly stock dividend of 0.014655 per share that will be paid on April 15, 2021 to shareholders of record at the close of business on April 12, 2021. Healthcare Trust Inc. Inc. recovery options, The White Law Group Files Lawsuit against Essex and Infinex, Healthcare Trust Inc. (ARC Healthcare Trust II) Declines, Healthcare Trust Inc. (HTI) Recovery of Investment Losses, AR Globals Healthcare Trust, Investment Losses, Pacific Oak Strategic Opportunity REIT Securities Investigation, Sorrento Therapeutics Inc. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 193 properties, as of the fourth quarter of 2019. Brokers and brokerage firms who did not conduct appropriate due diligence or unsuitably recommended their clients invest in Healthcare Trust Inc. may be liable for losses suffered by investors. AR Global's Healthcare Trust Changes Distribution Policy and Suspends Repurchases The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has amended the company's distribution policy and share repurchase program. Files Chapter 11 Bankruptcy, Lucira Health Inc. According to DI Wire the most recently declared net asset value was $14.50 per share. 6:41 pm The announcement comes one week after American Realty Capital Global Trust, Inc. said it planned to list its common stock on the New York Stock Exchange under the symbol GNL, possibly as soon as the second quarter. For more information, please read our full disclaimer. 5 Big Reasons JNJ Is A Buy. This field is for validation purposes and should be left unchanged. Because the offer price under the company offer is still well below the current Estimated Per-Share NAV of the shares, the Companys board of directors recommends that stockholders DO NOT tender their Shares in the Company Offerorthe lower MacKenzie Offer. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal.
Healthcare Trust, Inc. (HTI) - Investor Alert - UPDATED - Galvin Legal Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. Non-traded REITs are high risk, complex investments and are not suitable every investor. Blog, Current Investigations. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share Two weeks ago, ARCP released six quarters of restated financials and is moving on under new management in Phoenix. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. In response to the calls, Haselkorn & Thibaut has set up a toll-free number at 1 888-628-5590 to call for a free portfolio review. Whether the loss is 40% or 80%, such a loss is a devastating decline particularly compared to the broad stock markets or even diversified traded REIT Index Funds both of which have experienced significant gains over the same time period. Once the listing occurs, the company would change its name to Healthcare Trust, Inc. 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. 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.. She received her law degree from American University in 2005. Contact our firm to learn more about your REIT fraud options. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . 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. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. Is it a Buy? The effective date of Kurtzs resignation will be determined at a later date but will not occur until the REITs complete their respective 2020 financial reports, the companies said in a filing with Securities and Exchange Commission. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. 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. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? 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. Home | AR Global AR Global A $12 BILLION GLOBAL REAL ESTATE ASSET MANAGER Managing a diversified platform of real estate investments across 12 countries globally for institutional and individual owners Our Reach Real estate owned in 12 countries and territories Providing real estate for over 1,000 tenants Managing assets in 93 industries Contact Us Healthcare Trust, Inc. 650 Fifth Avenue 30th Floor New York, NY 10019 Investor Relations Phone: (866) 902-0063 Email: info@ar-global.com Name * First Last Email * Phone * Message How can we help you? As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Because shares of common stock are only offered and sold through the distribution reinvestment plan, the company said that DRIP participants will not be able to reinvest in shares as long as it pays distributions in stock instead of cash. 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. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. They will pay nearly $43.1 million if all shares in the current tender offer. If you invested in the Healthcare Trust REIT, you may have a claim.
Healthcare Trust Inc. Secondary Market Sales $15.75/Share Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. Investment Losses? All Rights Reserved. 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. Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. Investors must rely on the sponsors to provide a net asset value.
AR Global's Healthcare Trust, Inc. Subject of $10.99/Share Tender Offer See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. 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 companys common stock, as of December 31, 2021. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. Announces Release Date for Fourth Quarter and Full Year 2022 Results, American Strategic Investment Co. AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. 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. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. 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. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Shares of the Healthcare Trust REIT were originally priced at $25 per share. A spokesperson for the ARC Healthcare Trust II said the New York-based REIT intended to file an application to trade under the symbol HTI but did not publicly disclose at which exchange it planned to list. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. Unfortunately for many investors, it appears that the secondary market price would represent significant losses on their initial capital investment. Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. Copyright 2023 Healthcare Trust Inc. All Rights Reserved. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. Shares were originally priced at $25.00 each. 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. 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. 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. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Healthcare Trust is a non-traded REIT which invests in multi-tenant medical office buildings. 10:45 am
Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. If you invested in the Hospitality Trust REIT and have lost part of your investment, not received your distributions, or remain stuck in the uncertain REIT, you may be eligible for monetary recovery. (NYSE: JNJ). Davids advocacy has generated major recoveries for consumers impacted by financial fraud. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global (the successor business to AR Capital) The White Law Group continues to investigate claims on behalf of investors that purchased investments such as Healthcare Trust Inc. and other non-traded REITs . To contact us for a free confidential consult, you can call us at (800) 277-1193. Brokers have an obligation to make investment recommendations that are consistent with their clients risk tolerance, net worth, investment objectives and experience in the market. Healthcare Trust invests in multi-tenant medical office buildings and owned a $2.6 billion portfolio of 193 properties, as of the fourth quarter of 2020. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. Non-traded REITs are high risk, complex investments and are not suitable every investor. ), For more information on The White Law Group, visit. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. 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. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. 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.). In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. 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. 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. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. His departures came after an accounting scandal was disclosed in October at ARCP. Led by attorney Peter Mougey, the past President of the national securities bar PIABA, our Securities and Business Tort Department has represented more than 1,500 investment fraud victims across the country in state and federal court and securities industry arbitration. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. The REIT, sponsored by American Realty Capital (now known as AR Global), was part of a commercial real estate empire built by investor Nicholas Schorsch that was involved in an accounting scandal several years ago. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. The White Law Group is continuing our investigation in (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. Below are some of the emails and letters that our clients have sent us. Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. 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 its website. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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. AR Global's Healthcare Trust Names New CFO, Secretary, and Treasurer Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has reported that Jason F. Doyle has resigned effective December 1, 2021.