As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. AR Global's Healthcare Trust Changes Common Stock Dividend Policy involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. Healthcare Trust Inc. was originally offered as an emerging growth company. 10:45 am Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the second quarter of 2020. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. Unfortunately for many investors, it appears that the secondary market price would represent significant losses on their initial capital investment. The valuation represents a decrease of nearly 13.6 percent compared to last years NAV per share of $20.25. 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. 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. Healthcare Trust Inc. - HTI - Shareholder Lawsuits - The White Law 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. Shares of the Healthcare Trust REIT were originally priced at $25 per share. 6:41 pm 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. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 193 properties, as of the fourth quarter of 2019. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. Two weeks ago, ARCP released six quarters of restated financials and is moving on under new management in Phoenix. Contact our firm to learn more about your REIT fraud options. 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. 2015 by The White Law Group, LLC All rights reserved. She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. Since then, the share price has decreased dramatically, reaching an estimated net asset value (NAV) of $15.75 as of December 31, 2019. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. 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. 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.. 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 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. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Free AlphaBetaStock's Cheat Sheet (No CC)! 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 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. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. All copies must include this copyright statement. 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. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has reported that Katie Kurtz will resign as chief financial officer, secretary and treasurer. 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. Home | AR Global AR Global This field is for validation purposes and should be left unchanged. Is it a Buy? It said the assets included medical office buildings, seniors housing and other health-care related facilities. Non-Traded REITs Problems Similar to AR Global REIT. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. My in-laws lost their retirement funds to a dishonest broker. Written by The White Law Group March 14, 2018 Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. Contact us now for a free consultation! 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.). Shares of Healthcare Trust Inc. originally sold for $25.00 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. Files Chapter 11 Bankruptcy, Lucira Health Inc. 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. ARC Healthcare Trust II to List on Stock Exchange, Change Name 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. 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. December 3, 2021 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. 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. Blog, Current Investigations. You should consult an attorney for individual advice regarding your own situation. Prior to making recommendations to an individual investor, brokerage firms are required by the Financial Industry Regulatory Authority (FINRA) to disclose all the risks of an investment. February 23, 2021 Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, and American Finance Trust (Nasdaq: AFIN), a former non-traded REIT, have each reported that Katie Kurtz will resign as chief financial officer, secretary and treasurer. So the tender offer, which expires in April, offer nearly half the boards value. 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. The contingency fee we charge ranges from 20% to 40%. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. 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. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. 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. 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. Unfortunately, many people that invested in non-traded real estate investment trusts (REIT) are experiencing major losses when they try to sell their investments. His departures came after an accounting scandal was disclosed in October at ARCP. This is because non-traded REITs are not on the exchanges. For more information, please read our full disclaimer. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? 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. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. 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. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Read more about what judges say about us. Healthcare Trust Inc. Secondary Market Sales $15.75/Share 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. 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Healthcare Trust is a non-traded REIT which invests in multi-tenant medical office buildings. 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. 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. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 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. 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. 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. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. Non-traded REITs are high risk, complex investments and are not suitable every 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. Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. 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.. If you invested in the Healthcare Trust REIT, you may have a claim. 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. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. 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. The original purchase price of Healthcare Trust Inc. was $25/share. The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. 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. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. 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. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. The DI Wire reports that, as of December 31, 2018, the companys NAV per share was $17.50. Schorsch, who remains as chairman of the AR Capital investment firm, had resigned in December from ARCP and the boards of 13 companies. 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. According to the SEC, the REITs primary offering was declared effective in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. 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. 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. Click here to visit The DI Wire directory page. 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. 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. 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. 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. 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. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. 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. 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. Contact us now for a free consultation! August 18, 2020 Investment Losses? Healthcare Trust, Inc. (HTI) - Investor Alert - UPDATED - Galvin Legal Privacy Policy | Terms & Conditions | Contact. 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. 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.. For more information, please visit our About Us section. 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. You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. According to Central Trade & Transfer, a secondary market website, shares of Healthcare Trust Inc. have recently been listed for$10.50/per share. Private Placement Investors Attorney Are you concerned about a private placement investment you made with your financial advisor? The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. Two AR Global REITs Appoint New CFO Following Resignation AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. You may have a claim. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. AR Globals Healthcare Trust Changes Distribution Policy and Suspends Repurchases, Click here to subscribe to our Daily News Updates, Cole Office & Industrial REIT (CCIT III) Increases Net Asset Value Per Share, Sponsored: Capital Square First Half 2020 Update, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. The DI Wire is the definitive news source for the illiquid alternative investment industry. These REITs include: If you invested in any of these REITs, or others, we may be able to help. Real estate investment trusts (REITs)are complex and inherently risky products. AR Global's Healthcare Trust Declares Annual NAV Per Share 5 Big Reasons JNJ Is A Buy. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. Executive Management | Healthcare Trust Inc. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. Copyright 2023 Healthcare Trust Inc. All Rights Reserved. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. To review a summary of our fees and costs, click Fees & Costs. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). 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. Get Free Stock Picks, Macro Market Events & Options Strategies. Written by The White Law Group October 5, 2022 Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. AR Global's Healthcare Trust Names New CFO, Secretary, and Treasurer The company's primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. Announces Final Results of Rights Offering for Common Stock, GLOBAL NET LEASE REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS, GLOBAL NET LEASE ANNOUNCES RELEASE DATE FOR FOURTH QUARTER AND FULL YEAR 2022 RESULTS, Healthcare Trust Announces Preferred Stock Dividends, Healthcare Trust, Inc. Third Quarter 2022 Webcast, THE NECESSITY RETAIL REIT COMPLETES $70 MILLION STOP & SHOP DISPOSITION, THE NECESSITY RETAIL REIT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 RESULTS. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. Contact Us | Healthcare Trust Inc. According to the news source. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 2015 by The White Law Group, LLC All rights reserved. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. 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. Copyright 1996-2023 | Policies & Disclaimers, Representing Personal Injury Clients Since 1955, Levin Papantonio Rafferty - Personal Injury Law Firm, Martindale-Hubbell Preeminent Woman Attorney, $380 Million in Environmental Pollution Case, Healthcare Trust Inc. REIT Investment Losses Investors May Have Right to File Claim, Brian Barr Again Picks Up the Fight Against Skanska in Oral Arguments, The Risks of Overconcentration in Pot Stocks, Retirees Are Suing for Investment Losses Allegedly Caused by Quincy, IL Area Financial Advisor and Broker Jeff Kennedy, Investigation of Former Destin, FL Broker C. Ronald Patton for Possible Unsuitable Recommendations, Brokers who sold the investment and the dealer managers received, Healthcare Trust had a limited operating history, No public market existed for shares of their common stock and the invest could remain illiquid indefinitely, According to the offering materials AR Global admitted it established the offering price on an arbitrary basis; as a result, the actual value of your investment may be substantially less than what you pay. The original offering price was$25.00/share. 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.