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. We are the founder of Mass Torts Made Perfect. Non-Traded REITs Problems Similar to AR Global REIT. Click here to visit The DI Wire directory sponsor page. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. The June announcement came two months after ARC Healthcare Trust stock began trading on the NASDAQ under the symbol HCT. 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 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. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Non-traded REITs are high risk, complex investments and are not suitable every investor. To contact us for a free confidential consult, you can call us at (800) 277-1193. 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. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Below are some of the emails and letters that our clients have sent us. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. Shares were originally priced at $25.00 each. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. 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. 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. 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. 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. 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 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. Contact us now for a free consultation! Healthcare Trust is closed to all new investments. 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. The original offering price was$25.00/share. 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. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. 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. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. Private Placement Investors Attorney Are you concerned about a private placement investment you made with your financial advisor? Read more about what judges say about us. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. Unfortunately, American Realty Capital REITs have had less than stellar results for 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. December 3, 2021 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. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. 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. 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. 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. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. 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. UPDATE 4/10/2020: The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has approved a $15.75 net asset value per share of the company's common stock, as of December 31, 2019. 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. 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. Free AlphaBetaStock's Cheat Sheet (No CC)! As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? Written by The White Law Group October 5, 2022 Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. All copies must include this copyright statement. 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. Kurtz stated that her resignation is not related to any disagreements or disputes with management of the companies. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. Blog, Current Investigations. 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. This included the fact that AR Global was the sponsor of nine other publicly offered programs. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. 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. 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. 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. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. 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. 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. To review a summary of our fees and costs, click Fees & Costs. 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. 2015 by The White Law Group, LLC All rights reserved. Click here to visit The DI Wire directory page. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. The amount we charge is based on how much we recover for you. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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 purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. Many firms have notoriously sold REITs to investors. Get a free and confidential consultation. You should consult an attorney for individual advice regarding your own situation. Files Chapter 11 Bankruptcy, Lucira Health Inc. 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. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. 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 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. 6:41 pm Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. The Healthcare Trust Inc. Shareholders may have Claims The White Law Group continues to investigateFINRA arbitration claimsinvolving Essex National Securities Inc. and Infinex Investments Inc. are Allegedly Responsible For Losses In High-risk Alternative Investment, (312) 238-9650 | Fax (312) 238-8950 | (888) 637-5510 | 125 S. Wacker Drive, Suite 300, Chicago, Illinois 60606The information you obtain at this site is not, nor is it intended to be, legal advice. 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 company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . 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. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. 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. 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). Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. 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. 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. Click here to visit The DI Wire directory sponsor page. 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 . 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. 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. This field is for validation purposes and should be left unchanged. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. 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. Click here to visit The DI Wire directory page. 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. Read more about our results. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. It said the assets included medical office buildings, seniors housing and other health-care related facilities. 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. August 18, 2020 Speak with a lawyer to find out if you have a claim. 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. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. The REIT is not restricted from paying dividends on its Series A Preferred Stock. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. 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 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. Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. 10:45 am 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.