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Investment Losses? Written by The White Law Group October 5, 2022 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. 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. The contingency fee we charge ranges from 20% to 40%. According to DI Wire the most recently declared net asset value was $14.50 per share. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. 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. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. Click here to visit The DI Wire directory page. In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. Get Free Stock Picks, Macro Market Events & Options Strategies. 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. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. 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. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. 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 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. It said the assets included medical office buildings, seniors housing and other health-care related facilities. Click here to visit The DI Wire directory page. 5 Big Reasons JNJ Is A Buy. 2015 by The White Law Group, LLC All rights reserved. AR Globals Healthcare Trust Declares Annual NAV Per Share, Click here to subscribe to our Daily News Updates, Shopoff Realty Investments Hires New Chief Financial Officer, UBS, Envestnet and iCapital Launch Alternatives Exchange Platform, ExchangeRight Fully Subscribes $40.75 Million Value-Add DST Offering, Cantor Silverstein Opportunity Zone Trust Secures $165 Million Construction Loan, RREEF Property Trust Updates Daily NAVs for February 2023. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. Blog, Current Investigations. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. April 4, 2022 Speak with a lawyer to find out if you have a claim. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. 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. Occupancy was approximately 91 percent and the average remaining lease term was 10 years. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). Non-Traded REITs Problems Similar to AR Global REIT. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. The real estate assets decreased by ($0.21) per share compared to last year, due to a 3.5 percent decrease below their original investment cost of $2.7 billion, as well as subsequent capital expenditures of $53 million at the properties. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. Many investors are not fullyaware of the problems and risks associated with these investments before purchasing them. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. Is it a Buy? 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. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. 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. 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. 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. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. Unfortunately, many people that invested in non-traded real estate investment trusts (REIT) are experiencing major losses when they try to sell their investments. several years ago. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. MacKenzies offer expires on April 3, 2018 (unless extended). You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. Click here to visit The DI Wire directory sponsor page. 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 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. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the second quarter of 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. Shares were originally priced at $25.00 each. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. 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. Real estate investment trusts (REITs)are complex and inherently risky products. 6:41 pm 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. 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. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 193 properties, as of the fourth quarter of 2019. 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 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. To contact us for a free confidential consult, you can call us at (800) 277-1193. To learn more about the firms investigation of Healthcare Trust Inc. please see: Healthcare Trust Inc. (ARC Healthcare Trust II) Decrease in Value *UPDATED*. (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. 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 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. 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. For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. Contact our firm to learn more about your REIT fraud options. Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. 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. ), For more information on The White Law Group, visit. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. 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 June announcement came two months after ARC Healthcare Trust stock began trading on the NASDAQ under the symbol HCT. 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. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. 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. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. 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.. 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. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. Mr. Weil was named Healthcare Trust Inc.'s chief executive officer on August 23, 2018, which went into effect on September 12, 2018. Our lawyers provide free confidential case evaluations, and we never charge any fees or costs unless you first recover. 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. 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 and its 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock, divided by approximately 99.7 million shares of common stock outstanding as of December 31, 2021. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. 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. Other major contributors to the lower NAV included the fair value of the companys debt ($0.92), and the liquidation value of 1.6 million shares of its Series A preferred stock ($0.43). 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 company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. Gibbs Law Groupsfinancial fraudandsecurities lawyershave more than two decades of experience prosecuting fraud. All copies must include this copyright statement. 10:45 am Copyright 2023 Healthcare Trust Inc. All Rights Reserved. Home | AR Global AR Global A $12 BILLION GLOBAL REAL ESTATE ASSET MANAGER Managing a diversified platform of real estate investments across 12 countries globally for institutional and individual owners Our Reach Real estate owned in 12 countries and territories Providing real estate for over 1,000 tenants Managing assets in 93 industries According to trading data from secondary market sources, shares of Healthcare Trust Inc. REIT have sold for as little as $5 per share or less in 2021, which would represent an 80% decline from the initial share price. Files Chapter 11 Bankruptcy, Lucira Health Inc. AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. 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. Click here to visit The DI Wire directory sponsor page. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? Files Chapter 11 Bankruptcy, Lucira Health Inc. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Shares of the Healthcare Trust REIT were originally priced at $25 per share. 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. 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. 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. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. August 18, 2020 This is because non-traded REITs are not on the exchanges. The White Law Group continues to investigate potential securities fraud claims involving broker-dealers improper recommendation that investors purchase high-risk non-traded REIT investments, likeHealthcare Trust Inc. 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. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. 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.. 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. You may have a claim. The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. Once the listing occurs, the company would change its name to Healthcare Trust, Inc. Healthcare Trust Investors may have lost a significant amount of their original investment, and may even remain stuck in the non-traded REIT. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. 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. 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. My in-laws lost their retirement funds to a dishonest broker. 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.. 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. The original offering price was$25.00/share. 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. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 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. Contact us now for a free consultation! 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. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. Many firms have notoriously sold REITs to investors. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. 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. 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. 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. Blog, Current Investigations. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. This included the fact that AR Global was the sponsor of nine other publicly offered programs. 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. Shares were originally priced at $25.00 each. 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. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . 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. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. 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. So the tender offer, which expires in April, offer nearly half the board's value. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. 2015 by The White Law Group, LLC All rights reserved. Regeneron stock (NASDAQ: REGN) Jumps Up. 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. Shares were originally priced at $25.00 each. 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. 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 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. The White Law Group continues to investigate. 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. 2023 Commercial Property Executive. 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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.