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. 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. 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 company's common stock, as of December 31, 2020. For more information, please visit our About Us section. ARC Healthcare Trust II to List on Stock Exchange, Change Name Unfortunately, many people that invested in non-traded real estate investment trusts (REIT) are experiencing major losses when they try to sell their investments. Many firms have notoriously sold REITs to investors. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. 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. 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. Contact our firm to learn more about your REIT fraud options. The REIT is not restricted from paying dividends on its Series A Preferred Stock. 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. Two AR Global REITs Appoint New CFO Following Resignation 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. Written by The White Law Group March 14, 2018 Real estate investment trusts (REITs)are complex and inherently risky products. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. The original purchase price of Healthcare Trust Inc. was $25/share. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. 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. 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. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. Read more about what judges say about us. August 18, 2020 MacKenzies offer expires on April 3, 2018 (unless extended). Is it a Buy? 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. 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). 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. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. 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. 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. According to Central Trade & Transfer, a secondary market website, shares of Healthcare Trust Inc. have recently been listed for$10.50/per share. These types of investments are only supposed to be sold to accredited investors. The companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. 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. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). The company said it expected to spend the remainder of the proceeds by the end of March. It said the assets included medical office buildings, seniors housing and other health-care related facilities. 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. Subject to approval, the common stock would begin trading during the third quarter. Since then, the share price has decreased dramatically, reaching an estimated net asset value (NAV) of $15.75 as of December 31, 2019. The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Healthcare Trust Losses | Secondary Price Continues to Drop 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. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. 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. Files Chapter 11 Bankruptcy, Lucira Health Inc. 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. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. Click here to visit The DI Wire directory page. AR Global's Healthcare Trust Names New CFO, Secretary, and Treasurer Kurtz stated that her resignation is not related to any disagreements or disputes with management of the companies. Shares of the Healthcare Trust REIT were originally priced at $25 per share. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share 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. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . Investment Losses? 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. . To review a summary of our fees and costs, click Fees & Costs. Unfortunately, American Realty Capital REITs have had less than stellar results for 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. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. 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. 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. 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. 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. 5 Big Reasons JNJ Is A Buy. Non-traded REITs are high risk, complex investments and are not suitable every investor. All copies must include this copyright statement. The Company offer is being made in order to deter MacKenzie and other potential future bidders that may try to exploit the illiquidity of the shares and acquire them from the Companys stockholders at prices substantially below their Estimated Per-Share NAV, according to SEC filings. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. 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. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. 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 publicly registered non-traded real estate investment trust sponsored by AR Global. This included the fact that AR Global was the sponsor of nine other publicly offered programs. Announces Release Date for Fourth Quarter and Full Year 2022 Results, American Strategic Investment Co. AR Global's Healthcare Trust, Inc. Subject of $10.99/Share Tender Offer Once the listing occurs, the company would change its name to Healthcare Trust, Inc. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). Healthcare Trust Inc. Secondary Market Sales $15.75/Share 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. 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. 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. 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 conducted its initial offering in February of 2013 and raised a total of $2.2 Billion in investor equity, according to The DI Wire. Healthcare Trust is closed to all new investments. 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 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. April 4, 2022 If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. You may have a claim. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. (NYSE: JNJ). Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. 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 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. (HTI) - Investor Alert - UPDATED - Galvin Legal several years ago. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. Get Free Stock Picks, Macro Market Events & Options Strategies. 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. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. 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. 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. Non-traded REITs are high risk, complex investments and are not suitable every investor. 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. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. 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. For more information, please read our full disclaimer. 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. The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. Contact us now for a free consultation! Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. These REITs include: If you invested in any of these REITs, or others, we may be able to help. 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. All Rights Reserved. Executive Management | Healthcare Trust Inc. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. All copies must include this copyright statement. 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. Portfolio | Healthcare Trust Inc. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? 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).