Last April, the Healthcare Trust board approved the net asset value per share of $17.50. My in-laws lost their retirement funds to a dishonest broker. 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. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . 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 Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? 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. Many firms have notoriously sold REITs to investors. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. 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. 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. Privacy Policy | Terms & Conditions | Contact. So the tender offer, which expires in April, offer nearly half the boards value. 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. 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. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. All Rights Reserved. Click here to visit The DI Wire directory sponsor page. 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. Speak with a lawyer to find out if you have a claim. 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. 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. No further repurchase requests may be made unless the SRP is reactivated, the company said. Read more about our results. 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. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. 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. 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 companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. Our firm is investigating AR Globals Healthcare Trust, Inc. on behalf of REIT investors. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. 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.). 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. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. 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. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . 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. Blog, Current Investigations. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Moreover, the total commissions and expenses make it difficult for non-traded REITs to perform in line with the market. 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. Unfortunately for many investors, it appears that the secondary market price would represent significant losses on their initial capital investment. 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). Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. . The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. 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. 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. 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. 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. Contact us now for a free consultation! 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 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 DI Wire is the definitive news source for the illiquid alternative investment industry. For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. 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. 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. 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 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. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. Shares were originally priced at $25.00 each. 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. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). 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. Free AlphaBetaStock's Cheat Sheet (No CC)! 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. 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. 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. 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 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 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 original offering price was$25.00/share. Contact our firm to learn more about your REIT fraud options. 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.. 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). Contact Us Healthcare Trust, Inc. 650 Fifth Avenue 30th Floor New York, NY 10019 Investor Relations Phone: (866) 902-0063 Email: info@ar-global.com Name * First Last Email * Phone * Message How can we help you? So the tender offer, which expires in April, offer nearly half the board's value. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. 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. 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 . Occupancy was approximately 91 percent and the average remaining lease term was 10 years. 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. 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 In a filing with with Securities and Exchange Commission, the company indicated that any future distributions, if and when declared, will be paid on a quarterly basis in arrears in shares of common stock valued at the net asset value per share. The June announcement came two months after ARC Healthcare Trust stock began trading on the NASDAQ under the symbol HCT. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 193 properties, as of the fourth quarter of 2019. 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. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. 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. Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. The Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. If you invested in the Healthcare Trust REIT, you may have a claim. Is it a Buy? Comrit Investments 1 LP, has made a tender offer to purchase up to 5 million shares of AR Globals Healthcare Trust Inc., a non-traded real estate investment trust (REIT), for $8.61 per share. Real estate investment trusts (REITs)are complex and inherently risky products. several years ago. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. 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 REIT is not restricted from paying dividends on its Series A Preferred Stock. 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. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global (the successor business to AR Capital) The White Law Group continues to investigate claims on behalf of investors that purchased investments such as Healthcare Trust Inc. and other non-traded REITs . 10:45 am The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. 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. 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 invests in multi-tenant medical office buildings and owned a $2.6 billion portfolio of 193 properties, as of the fourth quarter of 2020. Repurchases under the SRP were also suspended, effective August 12, 2020, and the board rejected all repurchase requests made since January 1, 2020. For more information, please read our full disclaimer. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. The DI Wire is the definitive news source for the illiquid alternative investment industry. Announces Release Date for Fourth Quarter and Full Year 2022 Results, American Strategic Investment Co. Speak with a lawyer today to learn more about our REIT lawsuits. 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. Non-Traded REITs Problems Similar to AR Global REIT. Regeneron stock (NASDAQ: REGN) Jumps Up. December 3, 2021 Silver Law Group is a team of securities lawyers, forensic accountants, and support staff who are dedicated to helping investors recover losses through securities arbitration and litigation. Portfolio Property Map. 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. 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. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. 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 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 contingency fee we charge ranges from 20% to 40%. 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. She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. 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. 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.. We are the founder of Mass Torts Made Perfect. For more information, please visit our About Us section. Listing Healthcare Trust II is an important strategic step to enhance long-term shareholder value and create liquidity, CEO Thomas DArcy said in the release. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. To review a summary of our fees and costs, click Fees & Costs. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. 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. Click here to visit The DI Wire directory sponsor page. 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. Files Chapter 11 Bankruptcy, Lucira Health Inc. 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. This field is for validation purposes and should be left unchanged. 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 DI Wire reports that, as of December 31, 2018, the companys NAV per share was $17.50. August 18, 2020 According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. 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. 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 company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Led by attorney Peter Mougey, the past President of the national securities bar PIABA, our Securities and Business Tort Department has represented more than 1,500 investment fraud victims across the country in state and federal court and securities industry arbitration. 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.