Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. All copies must include this copyright statement. His departures came after an accounting scandal was disclosed in October at ARCP. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). December 3, 2021 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. Last April, the Healthcare Trust board approved the net asset value per share of $17.50. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. Shares were originally priced at $25.00 each. To review a summary of our fees and costs, click Fees & Costs. 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. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. 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 you suffered losses investing in Healthcare Trust Inc., at the recommendation of your financial advisor, the securities attorneys at The White Law Group may be able to help you recover your losses. 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 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. Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. We are the founder of Mass Torts Made Perfect. 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. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored by AR Global. 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. 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. Written by The White Law Group March 14, 2018 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. 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. Below are some of the emails and letters that our clients have sent us. Non-traded REITs are high risk, complex investments and are not suitable every investor. Non-Traded REITs Problems Similar to AR Global REIT. 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. Investment Losses? These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. Healthcare Trust Inc. is a publicly registered non-traded REIT (real estate investment trust) that was sponsored by AR Global. The company said it expected to spend the remainder of the proceeds by the end of March. These types of investments are only supposed to be sold to accredited investors. The White Law Group continues to investigateFINRA arbitration claimsinvolving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. 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. Non-traded REITs are not traded on the public securities exchange, meaning that these REITs can often be illiquid. 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). According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. If you invested in the Healthcare Trust REIT, you may have a claim. All copies must include this copyright statement. 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. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Click here to visit The DI Wire directory sponsor page. 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.). You should consult an attorney for individual advice regarding your own situation. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. Gibbs Law Groupsfinancial fraudandsecurities lawyershave more than two decades of experience prosecuting fraud. Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. Blog, Current Investigations. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. For more information on The White Law Group, visitwww.whitesecuritieslaw.com. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. 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. 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. 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. 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.. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. (Learn more: Did your Financial Advisor Recommend Investing in Non-Traded REITs? As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. 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. To learn more about the firms investigation of Healthcare Trust Inc. please see: Investment Losses? 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. 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. Shares were originally priced at $25.00 each. 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. 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. 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. 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. Ruchi has an Accounting and Graduate Degree in Business from the International School and Business and Media. MacKenzies offer expires on April 3, 2018 (unless extended). No further repurchase requests may be made unless the SRP is reactivated, the company said. Free AlphaBetaStock's Cheat Sheet (No CC)! Healthcare Trust is closed to all new investments. AR Global's Healthcare Trust Declares Annual NAV Per Share 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 company's common stock, as of December 31, 2021. The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. Speak with a lawyer today to learn more about our REIT lawsuits. 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. Click here to visit The DI Wire directory sponsor page. 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. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. 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. 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.
Man Found Dead In Rutherglen,
How To Draw 15 Degree Angle With Set Square,
David Paulides Son Passed Away,
Melissa From Onstar Family Guy Voice,