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. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. Click here to visit The DI Wire directory page. 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. 10:45 am Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. 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. Non-traded REITs are high risk, complex investments and are not suitable every investor. Compared to traditional investments, such as stocks, bonds and mutual funds, REITs are significantly more complex and often better suited for sophisticated and institutional investors. According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. 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. Portfolio Property Map. All Rights Reserved. Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. The valuation represents a decrease of nearly 13.6 percent compared to last years NAV per share of $20.25. 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. Investors must rely on the sponsors to provide a net asset value. To review a summary of our fees and costs, click Fees & Costs. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. 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. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. 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. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. MacKenzies offer expires on April 3, 2018 (unless extended). Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. The DI Wire is the definitive news source for the illiquid alternative investment industry. Copyright 2023 Healthcare Trust Inc. All Rights Reserved. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. Listing Healthcare Trust II is an important strategic step to enhance long-term shareholder value and create liquidity, CEO Thomas DArcy said in the release. It said the assets included medical office buildings, seniors housing and other health-care related facilities. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. Below are some of the emails and letters that our clients have sent us. Read more about what judges say about us. So the tender offer, which expires in April, offer nearly half the board's value. 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Get a free and confidential consultation. My in-laws lost their retirement funds to a dishonest broker. Get Free Stock Picks, Macro Market Events & Options Strategies. 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. 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. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. 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. Mr. Weil was named Healthcare Trust Inc.'s chief executive officer on August 23, 2018, which went into effect on September 12, 2018. 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. If you invested in the Healthcare Trust REIT, you may have a claim. Read more about our results. Scott focuses his law practice on securities arbitration and litigation and plaintiff-side class action litigation, representing individual investors and institutions in claims against brokerage firms, investment advisors, commodities firms, hedge funds and others. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). Non-traded REITs are high risk, complex investments and are not suitable every investor. The DI Wire is the definitive news source for the illiquid alternative investment industry. For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the second quarter of 2020. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. 5 Big Reasons JNJ Is A Buy. So the tender offer, which expires in April, offer nearly half the boards value. 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. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. 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. 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. Shares were originally priced at $25.00 each. HTI invests in multi-tenant medical office buildings and, as of year-end 2017, owned a portfolio consisting of 8.4 million-square-feet including 164 properties, with a total purchase price of $2.3 . Get free professional market insights and stock/ETF reports that contain actionable opportunities written by a former financial advisor and Capitalist who has been investing in the markets for 20+ years. These types of investments are only supposed to be sold to accredited investors. 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. AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. Previous NAVs per share were $14.50 as of December 31, 2020, $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. 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. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. 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. These REITs include: If you invested in any of these REITs, or others, we may be able to help. According to the news source. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. Doyle joined AR Global in October 2018 to serve as chief accounting officer of Global Net Lease Inc. (NYSE: GNL), a publicly traded REIT advised by affiliates of AR Global. Once the listing occurs, the company would change its name to Healthcare Trust, Inc. Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. 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. All copies must include this copyright statement. To learn more about the firms investigation of Healthcare Trust Inc. please see: Healthcare Trust Inc. (ARC Healthcare Trust II) Decrease in Value *UPDATED*. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. The White Law Group continues to investigateFINRA arbitration claimsinvolving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. While structured as a non-traded REIT, American Finance Trusts offering raised more than $1.6 billion in investor equity between April and October 2013. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Once her resignation becomes effective, Jason Doyle will succeed her as CFO, secretary and treasurer of both companies. 2023 Commercial Property Executive. The original purchase price of Healthcare Trust Inc. was $25/share. 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. 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. . Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. You should consult an attorney for individual advice regarding your own situation. Privacy Policy | Terms & Conditions | Contact. 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. However, the net asset value assigned by the non-traded REIT company is usually substantially less than what the investor can sell it for on a secondary market exchange. Click here to visit The DI Wire directory page. Healthcare Trust Inc. was originally offered as an emerging growth company. 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 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. According to DI Wire the most recently declared net asset value was $14.50 per share. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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. Is it a Buy? 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. In January, the healthcare REIT said it had completed a $2.1 billion non-listed public offering on Nov. 17 and invested approximately $1.84 billion in properties, including some under contract, by the end of 2014. Blog, Current Investigations. 2015 by The White Law Group, LLC All rights reserved. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back., You and your entire staff have been wonderfully organized, professional and a delight to hear from. You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. Schorsch, who remains as chairman of the AR Capital investment firm, had resigned in December from ARCP and the boards of 13 companies. Unfortunately for many investors, it appears that the secondary market price would represent significant losses on their initial capital investment. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. 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. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. 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. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. Non-Traded REITs Problems Similar to AR Global REIT. 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. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. The contingency fee we charge ranges from 20% to 40%. Click here to visit The DI Wire directory sponsor page. 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. 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. Shares of the Healthcare Trust REIT were originally priced at $25 per share. Ventas chairman & CEO Debra Cafaro said the deal added more than 4 million square and 152 properties to her companys holdings as well as more than 20 new health systems to its client base and 10 new senior living operators. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. Unfortunately, many people that invested in non-traded real estate investment trusts (REIT) are experiencing major losses when they try to sell their investments. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . 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. Shares were originally priced at $25.00 each. 2015 by The White Law Group, LLC All rights reserved. This included the fact that AR Global was the sponsor of nine other publicly offered programs. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. 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. Blog, Current Investigations. The range of values was based on the estimated fair value of the REITs assets, less the estimated fair value of its liabilities and the liquidation value of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, divided by approximately 94.3 million shares of common stock outstanding as of December 31, 2020. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. AR Globals Healthcare Trust Declares Annual NAV Per Share, Click here to subscribe to our Daily News Updates, RK Properties Sells TIC/Fund Multifamily Property for $60 Million, Reports Hefty Return, Hartman Names Regional Director of Sales for Western Division, 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. Additionally, the companys recently amended credit facility restricts the REIT from repurchasing shares or paying cash distributions to holders of common stock until at least the second quarter of 2021. Based on law firm verdicts and settlements exceeding $4 billion, our securities fraud lawyers are committed to seeking justice for the victims of investment fraud and misconduct. 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. 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 real estate investment trust sponsored by AR Global. Written by The White Law Group March 14, 2018 The company invests in multi-tenant medical office buildings and owns an 8.4 million-square-foot portfolio of 163 properties with a total purchase price of $2.3 billion. April 4, 2022 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). 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. ), For more information on The White Law Group, visit. Investment Losses? You should consult an attorney for individual advice regarding your own situation. Contact us now for a free consultation! 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. 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. Gibbs Law Group attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, includingTop 100 Super Lawyers in Northern California,Top Plaintiff Lawyers in California,The Best Lawyers in America, and ratedAV Preeminent(among the highest class of attorneys for professional ethics and legal skills). If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. The company said it expected to spend the remainder of the proceeds by the end of March. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. The companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. 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. 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.
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