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. Investment Losses? Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Get Free Stock Picks, Macro Market Events & Options Strategies. They will pay nearly $43.1 million if all shares in the current tender offer. 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. My in-laws lost their retirement funds to a dishonest broker. Portfolio Property Map. Click here to visit The DI Wire directory page. Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. Healthcare Trust is closed to all new investments. 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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. The companys most recent NAV per share is $15.75 as of December 31, 2019, and shares were originally priced at $25.00 each. These REITs include: If you invested in any of these REITs, or others, we may be able to help. 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. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). 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.. This is because non-traded REITs are not on the exchanges. 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. Mr. Weil was named Healthcare Trust Inc.'s chief executive officer on August 23, 2018, which went into effect on September 12, 2018. To review a summary of our fees and costs, click Fees & Costs. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. Read more about our results. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. The DI Wire is the definitive news source for the illiquid alternative investment industry. Shares of the Healthcare Trust REIT were originally priced at $25 per share. To contact us for a free confidential consult, you can call us at (800) 277-1193. His departures came after an accounting scandal was disclosed in October at ARCP. several years ago. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. 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). For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. These types of investments are only supposed to be sold to accredited investors. 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. 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. 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. 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. are complex and inherently risky products, Four Springs Capital Trust Withdraws Registration Statement, The Trouble with Private Placements Under Regulation D, Healthcare Trust Inc. HTI Shareholder Lawsuits, The White Law Group Files Lawsuit against Essex and Infinex, Pacific Oak Strategic Opportunity REIT Securities Investigation, Sorrento Therapeutics 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. 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. 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. Blog, Current Investigations. To learn more about the firms investigation of Healthcare Trust Inc. please see: Healthcare Trust Inc. (ARC Healthcare Trust II) Decrease in Value *UPDATED*. 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. Occupancy was approximately 91 percent and the average remaining lease term was 10 years. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. 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.. It said the assets included medical office buildings, seniors housing and other health-care related facilities. 10:45 am You may reproduce materials available at this site for your own personal use and for non-commercial distribution. According to the news source. 6:41 pm 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. All copies must include this copyright statement. Our law firm has been in existence for more than 65 years, and is recognized as one of the preeminent law firms in the United States. She received her law degree from American University in 2005. Ventas chairman & CEO Debra Cafaro said the deal added more than 4 million square and 152 properties to her companys holdings as well as more than 20 new health systems to its client base and 10 new senior living operators. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 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. Free AlphaBetaStock's Cheat Sheet (No CC)! For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. 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. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. 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. Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. Privacy Policy | Terms & Conditions | Contact. 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. 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. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. Gibbs Law Groupsfinancial fraudandsecurities lawyershave more than two decades of experience prosecuting fraud. 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. Speak with a lawyer to find out if you have a claim. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. 2015 by The White Law Group, LLC All rights reserved. Further, brokers are required to fully and accurately describe the risks and rewards of the investments they offer. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Silver Law Group and Scott Silver aggressively pursued their losses until he got their money back., You and your entire staff have been wonderfully organized, professional and a delight to hear from. 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? Once her resignation becomes effective, Jason Doyle will succeed her as CFO, secretary and treasurer of both companies. 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. The contingency fee we charge ranges from 20% to 40%. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. Firms that fail to do so, may be held responsible for any losses in a FINRA arbitration claim. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. 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. We are the founder of Mass Torts Made Perfect. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Click here to visit The DI Wire directory page. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . Subject to approval, the common stock would begin trading during the third quarter. 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. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. 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. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? 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. 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. This included the fact that AR Global was the sponsor of nine other publicly offered programs. 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. Blog, Current Investigations. 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. 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. Regeneron stock (NASDAQ: REGN) Jumps Up. The June announcement came two months after ARC Healthcare Trust stock began trading on the NASDAQ under the symbol HCT. 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. 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. 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. Files Chapter 11 Bankruptcy, Lucira Health Inc. No further repurchase requests may be made unless the SRP is reactivated, the company said. You should consult an attorney for individual advice regarding your own situation. The DI Wire is the definitive news source for the illiquid alternative investment industry. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. The White Law Group continues to investigate. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. Private Placement Investors Attorney Are you concerned about a private placement investment you made with your financial advisor? 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. So the tender offer, which expires in April, offer nearly half the board's value. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. 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.. The Board of Directors reportedly updated its Net Asset Value per share as of December 31, 2021. 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. 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. 5 Big Reasons JNJ Is A Buy. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. Schorsch, who remains as chairman of the AR Capital investment firm, had resigned in December from ARCP and the boards of 13 companies. Gibbs Law Group attorneys have fought some of the most complex cases brought under federal and state laws nationwide, and have been recognized with numerous awards and honors for their accomplishments, includingTop 100 Super Lawyers in Northern California,Top Plaintiff Lawyers in California,The Best Lawyers in America, and ratedAV Preeminent(among the highest class of attorneys for professional ethics and legal skills). 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 . In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. 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. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. 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. ), For more information on The White Law Group, visit. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. 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. (Learn more:Did your Financial Advisor Recommend Investing in Non-Traded REITs?). The DI Wire is the definitive news source for the illiquid alternative investment industry. . For more information on The White Law Group, visitwww.whitesecuritieslaw.com. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. 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. 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 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. 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. 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. 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 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. Is it a Buy? 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. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. 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. 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.
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