At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Copyright 2023 AlphaBetaStock.com All Rights Reserved | AlphaBetaStock.com is a financial news publisher that does not offer any personal financial advice or advocate the sale or purchasing of any investment/security. Get Free Stock Picks, Macro Market Events & Options Strategies. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. 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. Shares were originally priced at $25.00 each. 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. 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. . Once the listing occurs, the company would change its name to Healthcare Trust, Inc. 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.). According to DI Wire the most recently declared net asset value was $14.50 per share. MacKenzies offer expires on April 3, 2018 (unless extended). Regeneron stock (NASDAQ: REGN) Jumps Up. This is because non-traded REITs are not on the exchanges. Real estate investment trusts (REITs)are complex and inherently risky products. All Rights Reserved. For more information, please visit our About Us section. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. 2023 Commercial Property Executive. 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. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Two weeks ago, ARCP released six quarters of restated financials and is moving on under new management in Phoenix. Shares of the Healthcare Trust REIT were originally priced at $25 per share. Files Chapter 11 Bankruptcy, Lucira Health Inc. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. 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. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. 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. 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 . 5 Big Reasons JNJ Is 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. His departures came after an accounting scandal was disclosed in October at ARCP. Once her resignation becomes effective, Jason Doyle will succeed her as CFO, secretary and treasurer of both companies. 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. Essex National Securities Inc. and Infinex Investments Inc. are Allegedly Responsible For Losses In High-risk Alternative Investment, Healthcare Trust Inc. (ARC Healthcare Trust II) Value Continues to Decline Recovery of Investment Losses in Healthcare Trust Inc. Healthcare Trust Inc. (HTI) Illiquid Investment Updated If your financial advisor unsuitably recommended investing in Blog, Current Investigations, Securities Fraud. 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. 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. Gibbs Law Groupsfinancial fraudandsecurities lawyershave more than two decades of experience prosecuting fraud. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. The companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. 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. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim. 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. Portfolio Property Map. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. The per share price you will actually be paid will be no more than $12.04 per share since MacKenzie will reduce the actual share price by any distributions paid by the company after January 31, 2018. They will pay nearly $43.1 million if all shares in the current tender offer. Doyle is a certified public accountant in the State of Rhode Island, holds a bachelors degree from the University of Rhode Island, and an MBA from Babson College. The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. 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. several years ago. The original purchase price of Healthcare Trust Inc. was $25/share. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. Healthcare Trust invests in healthcare-related real estate and owns a $2.6 billion portfolio of 202 properties located in 33 states and comprised of 9.2 million rentable square feet, as of the fourth quarter of 2021. 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. The DI Wire reports that, as of December 31, 2018, the companys NAV per share was $17.50. These types of investments are only supposed to be sold to accredited investors. 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. 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. Healthcare Trust is closed to all new investments. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. My in-laws lost their retirement funds to a dishonest broker. 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). Schorsch, who remains as chairman of the AR Capital investment firm, had resigned in December from ARCP and the boards of 13 companies. Federal judge in our Chase lawsuit (resulting in $100 million settlement): They fought tooth and nail, down to the wire to achieve the best settlement that they could under the circumstances.. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. To contact us for a free confidential consult, you can call us at (800) 277-1193. 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. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. 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. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has declared a $15.00 net asset value per share of the companys common stock, as of December 31, 2021. Read more about our results. 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. Investor PresentationLatest 10-QLatest 10-K. American Strategic Investment Co. (NYSE:NYC), formerly known as New York City REIT is a publicly traded company listed on the NYSE that owns a portfolio of high-quality commercial real estate. 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. Occupancy was approximately 91 percent and the average remaining lease term was 10 years. 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. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. 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. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. 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. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. 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? Two AR Global REITs Appoint New CFO Following Resignation, Click here to subscribe to our Daily News Updates, SEC Obtains Judgment Against Former LPL Broker that Ran $5 Million Ponzi Scheme, CNL Healthcare Urges Shareholders to Reject Comrit Tender Offer, 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. 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. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. 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. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. The valuation represents a decrease of nearly 13.6 percent compared to last years NAV per share of $20.25. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. 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.. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. December 3, 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 200 properties, as of the third quarter of 2020. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. 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. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. 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. The amount we charge is based on how much we recover for you. 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. 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. You should consult an attorney for individual advice regarding your own situation. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. 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. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. 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. 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. Kurtz stated that her resignation is not related to any disagreements or disputes with management of the companies. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. 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 company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . August 18, 2020 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. This field is for validation purposes and should be left unchanged. 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 DI Wire is the definitive news source for the illiquid alternative investment industry. The White Law Group continues to investigate. We are the founder of Mass Torts Made Perfect. Files Chapter 11 Bankruptcy, Lucira Health Inc. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. 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. Click here to visit The DI Wire directory sponsor page. So the tender offer, which expires in April, offer nearly half the board's value. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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. 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. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. The company said it expected to spend the remainder of the proceeds by the end of March. You should consult an attorney for individual advice regarding your own situation. 6:41 pm 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. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 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. 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. 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. Non-traded REITs are high risk, complex investments and are not suitable every investor. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. 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. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. 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. Copyright 2023 Healthcare Trust Inc. All Rights Reserved. According to Central Trade & Transfer, a secondary market website, shares of Healthcare Trust Inc. have recently been listed for$10.50/per share. April 4, 2022 According tofilingswith 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. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. 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 launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. 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. The REIT is not restricted from paying dividends on its Series A Preferred Stock. Duff & Phelps LLC, an independent third-party real estate advisory firm, assisted with the valuation and provided an NAV per share range of $13.16 $14.96, with a midpoint of $14.03 per share which is $0.47 lower than the declared NAV per share. 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. According to the news source. All copies must include this copyright statement. EIn addition, most investors are caught off guard by the losses until they sell. 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. 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. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. Blog, Current Investigations. 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. 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. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. 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. It said the assets included medical office buildings, seniors housing and other health-care related facilities. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. Private Placement Investors Attorney Are you concerned about a private placement investment you made with your financial advisor? The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. 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. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. 2015 by The White Law Group, LLC All rights reserved. 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. Written by The White Law Group October 5, 2022 Contact us now for a free consultation! 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. Usually that is not the case when dealing with legal matters but you guys (gals) rock., Ive always found them to be extraordinary counsel in terms of their preparation and their professionalism.. Click here to visit The DI Wire directory sponsor page. 10:45 am 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. The number of shares paid will continue to be based on the prior cash distribution rate of $0.85 per share per year, the company said. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. 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. Prior to joining GNL, he held various financial and practice leadership roles, including acting vice president of finance at Markforged Inc., associate controller and head of global accounting operations at Charles River Associates, and VP of finance and practice director of transportation at AST Corporation, a private software and management consulting firm. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment.
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