Brokerage firms that do not perform adequate due diligence on an investment and/or make unsuitable recommendations can be held accountable for investment losses through FINRA arbitration. 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. 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. Alts News; AR Global's Healthcare Trust Prices Preferred Stock Offering. Speak with a lawyer to find out if you have a claim. Non-traded REITs are high risk, complex investments and are not suitable every investor. Announces Release Date for Fourth Quarter and Full Year 2022 Results, American Strategic Investment Co. 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 Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product. 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). Privacy Policy | Terms & Conditions | Contact. Once the listing occurs, the company would change its name to Healthcare Trust, Inc. 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. Future distributions to shareholders will be paid in shares of common stock instead of cash, and share repurchases under the SRP were suspended. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. 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. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. 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. 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. Occupancy was approximately 91 percent and the average remaining lease term was 10 years. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. Subject to approval, the common stock would begin trading during the third quarter. It said the assets included medical office buildings, seniors housing and other health-care related facilities. Unfortunately, in many cases, the high sales commission may provide some brokers with enough incentive to make unsuitable investment recommendations. Files Chapter 11 Bankruptcy, Lucira Health Inc. Healthcare Trust Losses | Secondary Price Continues to Drop This included the fact that AR Global was the sponsor of nine other publicly offered programs. Contact our firm to learn more about your REIT fraud options. Get a free and confidential consultation. AR Global's Healthcare Trust Names New CFO, Secretary, and Treasurer AR Global's Healthcare Trust Inc. Losses Updated 1/29/20- 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 Contact us now for a free consultation! This field is for validation purposes and should be left unchanged. You may have a claim. These restrictions will continue to apply unless certain conditions related to liquidity and leverage are met. Under the FINRA Rules brokers and advisors are required to conduct reasonable due diligence and are only permitted to recommend investments that are suitable for the clients risk tolerance and needs. The company indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. Healthcare Trust Inc. REIT Lawsuits - Compensation & Help Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. 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). 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). Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. 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. Unfortunately for many investors, it appears that the secondary market price would represent significant losses on their initial capital investment. 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 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. 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. NNOX Stock: Time to Buy, Analysis, Financial and Competitors (NASDAQ: NNOX), Johnson & Johnson Stock Corrects. Schorsch, who remains as chairman of the AR Capital investment firm, had resigned in December from ARCP and the boards of 13 companies. 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. This is because non-traded REITs are not on the exchanges. According to the last report, AR Healthcare Trust REIT invests in multi-tenant medical office buildings and has a portfolio of 193 properties. Portfolio Property Map. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. Healthcare Trust, Inc. is a non-traded real estate investment trustsponsored by AR Global. 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. Healthcare Trust REIT Lawsuits | Recover Your AR Global REIT Losses Davids advocacy has generated major recoveries for consumers impacted by financial fraud. 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. 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. 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 DI Wire is the definitive news source for the illiquid alternative investment industry. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. Regeneron stock (NASDAQ: REGN) Jumps Up. 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. Read more about what judges say about us. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. 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. Real estate investment trusts (REITs)are complex and inherently risky products. The company said it expected to spend the remainder of the proceeds by the end of March. 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 company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. ARC Healthcare Trust II to List on Stock Exchange, Change Name 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.. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. Click here to visit The DI Wire directory sponsor page. In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. 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. AR Global's Healthcare Trust Changes Distribution Policy and Suspends Investment Losses? The contingency fee we charge ranges from 20% to 40%. 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. 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 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. The original offering price was$25.00/share. He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. Click here to visit The DI Wire directory sponsor page. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. You should consult an attorney for individual advice regarding your own situation. 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. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. Files Chapter 11 Bankruptcy, Lucira Health 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. All copies must include this copyright statement. By the time of the closing, it had risen to $13.12 per ARC Healthcare Trust stock. 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. Shares of Healthcare Trust Inc. originally sold for $25.00 per share. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. To review a summary of our fees and costs, click Fees & Costs. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share See: Hospitality Investors Trust Inc. (HIT REIT) Files Chapter 11 Bankruptcy. All copies must include this copyright statement. Investors must rely on the sponsors to provide a net asset value. EIn addition, most investors are caught off guard by the losses until they sell. 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. 6:41 pm Blog, Current Investigations. 2023 Commercial Property Executive. 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. The REIT is not restricted from paying dividends on its Series A Preferred Stock. 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.). Mr. Weil was named Healthcare Trust Inc.'s chief executive officer on August 23, 2018, which went into effect on September 12, 2018. 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. So the tender offer, which expires in April, offer nearly half the boards value. 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 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. 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 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. For AR Global REIT investors that purchased AR Global for $25 a share, this is a considerable loss. At that time, the ARC Healthcare Trust stock was valued at $11.3 for shareholders who wanted to cash out. 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. My in-laws lost their retirement funds to a dishonest broker. 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 trust sponsored by AR Global. No further repurchase requests may be made unless the SRP is reactivated, the company said. Healthcare Trust REIT Lawsuit Investigation, Gender Discrimination against Transgender and Nonbinary People, Cole Credit Property Trust III (CCPT III). His departures came after an accounting scandal was disclosed in October at ARCP. 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. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. December 3, 2021 AR Globals Healthcare Trust Inc. Third Party Tender Offer: $7.99 per share. While REITs are often marketed as low-risk, high yield investments, FINRA and the SEC have recently increased scrutiny into the marketing of these investments. Gibbs Law Group is currently investigating a number of REITs on behalf of shareholders. 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. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. 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. 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. April 4, 2022 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 Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. Two weeks ago, ARCP released six quarters of restated financials and is moving on under new management in Phoenix. 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. 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. (NYSE: JNJ). According to DI Wire the most recently declared net asset value was $14.50 per share. 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. Since then, the share price has decreased dramatically, reaching an estimated net asset value (NAV) of $15.75 as of December 31, 2019. Unfortunately, American Realty Capital REITs have had less than stellar results for investors. Written by The White Law Group March 14, 2018 ), For more information on The White Law Group, visit. 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. 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 types of investments are only supposed to be sold to accredited investors. 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. Prior to joining GNL, he held various financial and practice leadership roles, including acting vice president of finance at Markforged Inc., associate controller and head of global accounting operations at Charles River Associates, and VP of finance and practice director of transportation at AST Corporation, a private software and management consulting firm.
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