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. 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. In January, the healthcare REIT said it had completed a $2.1 billion non-listed public offering on Nov. 17 and invested approximately $1.84 billion in properties, including some under contract, by the end of 2014. The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has declared a $15.00 net asset value per share of the companys common stock, as of December 31, 2021. 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. The contingency fee we charge ranges from 20% to 40%. ), For more information on The White Law Group, visit. 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. Get Free Stock Picks, Macro Market Events & Options Strategies. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. 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. Contact us now for a free consultation! Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. To review a summary of our fees and costs, click Fees & Costs. 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. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. The REIT is not restricted from paying dividends on its Series A Preferred Stock. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. 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. 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. 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. Click here to visit The DI Wire directory page. Blog, Current Investigations. See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. Speak with a lawyer today to learn more about our REIT lawsuits. It is possible to file a FINRA Arbitration claim against the brokerage firm that sold you the investment. Subject to approval, the common stock would begin trading during the third quarter. 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. Written by The White Law Group March 14, 2018 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. 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. Real estate investment trusts (REITs)are complex and inherently risky products. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. Both AR Capital- sponsored REITs were part of the real estate empire built by Nicholas Schorsch, the embattled former chairman & CEO of American Realty Capital Properties and head of numerous non-traded REITs, business development corporations and other partnerships. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. April 4, 2022 The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. You should consult an attorney for individual advice regarding your own situation. 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. 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. All copies must include this copyright statement. Non-Traded REITs Problems Similar to AR Global REIT. She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. 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. The original purchase price of Healthcare Trust Inc. was $25/share. 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. 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. With non-traded REIT, the prices are not transparent and easily seen on exchanges such as the New York Stock Exchange or NASDAQ. Ruchi has an Accounting and Graduate Degree in Business from the International School and Business and Media. 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. 10:45 am 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. Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. 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. 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. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. 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. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. You may have a claim. 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 . The NAV then decreased dramatically, reaching $15.75 per share as of December 31, 2019. These types of investments are only supposed to be sold to accredited investors. 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. EIn addition, most investors are caught off guard by the losses until they sell. Click here to visit The DI Wire directory sponsor page. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . Non-traded REITs are high risk, complex investments and are not suitable every investor. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. 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. Doyle joined AR Global in October 2018 to serve as chief accounting officer of Global Net Lease Inc. (NYSE: GNL), a publicly traded REIT advised by affiliates of AR Global. Read more about what judges say about us. Files Chapter 11 Bankruptcy, Lucira Health Inc. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share Shares of Healthcare Trust Inc. originally sold for $25.00 per share. The White Law Group continues to investigate. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. 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. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. Free AlphaBetaStock's Cheat Sheet (No CC)! 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. 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. In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity.
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