ar global healthcare trust, incar global healthcare trust, inc
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. You should consult an attorney for individual advice regarding your own situation. 10:45 am 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. 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. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. As of Dec. 31, the REIT had 118 assets and about 6.3 million square feet. 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. 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. Our firm is investigating AR Globals Healthcare Trust, Inc. on behalf of REIT investors. 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. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . 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 Necessity Retail REIT (NASDAQ: RTL) is the preeminent real estate investment trust (REIT) focused "Where America Shops", American Strategic Investment Co. This is because non-traded REITs are not on the exchanges. Blog, Current Investigations. Davids advocacy has generated major recoveries for consumers impacted by financial fraud. 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. 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. 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. Ventas acquired ARC Healthcare Trust for $3.2 billion in a stock and cash deal. 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. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. We may be able to file a FINRA Claim to recover damages you suffered due to the negligent or unsuitable recommendations from your broker. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . Investors must rely on the sponsors to provide a net asset value. For more information, please read our full disclaimer. 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. 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. Click here to visit The DI Wire directory page. The REIT is not restricted from paying dividends on its Series A Preferred Stock. 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. involving Healthcare Trust Inc. (ARC Healthcare Trust II) and the liability broker dealers may have improperly recommending it to investors. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. Contact us now for a free consultation! 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. 2023 Commercial Property Executive. 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. 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. 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. 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. Your inquiry will be immediately reviewed by one of our attorneys who handles securities litigation. When the transaction was announced in June, it was expected Ventas would pay $2.6 billion in stock and cash. 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 launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Eileen is involved in the firms securities practice and has over a decade of experience in the legal world. The company previously lowered its annual distribution rate from$1.45 to $0.85 per shareon March 1, 2018, and previously from$1.70 per share to $1.45 per shareon April 1, 2017. 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. Copyright 1996-2023 | Policies & Disclaimers, Representing Personal Injury Clients Since 1955, Levin Papantonio Rafferty - Personal Injury Law Firm, Martindale-Hubbell Preeminent Woman Attorney, $380 Million in Environmental Pollution Case, Healthcare Trust Inc. REIT Investment Losses Investors May Have Right to File Claim, Brian Barr Again Picks Up the Fight Against Skanska in Oral Arguments, The Risks of Overconcentration in Pot Stocks, Retirees Are Suing for Investment Losses Allegedly Caused by Quincy, IL Area Financial Advisor and Broker Jeff Kennedy, Investigation of Former Destin, FL Broker C. 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. AR Global Healthcare Trust REIT Offer Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. To contact us for a free confidential consult, you can call us at (800) 277-1193. 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. Read more about what judges say about us. 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. 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. 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. 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. 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. You also can request a free private and confidential evaluation by clicking Free & Confidential Consult. 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. Comrit and its associates currently hold roughly 189k Healthcare Trust shares or approximately 0.2 percent of the outstanding. 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 2015 by The White Law Group, LLC All rights reserved. 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. 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.). She is exceptionally skilled in financial databases like Bloomberg, ThomsonOne,Datastream, CapitalIQ, and Factiva. To review a summary of our fees and costs, click Fees & Costs. 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. Non-Traded REITs Problems Similar to AR Global REIT. Many firms have notoriously sold REITs to investors. 2015 by The White Law Group, LLC All rights reserved. The contingency fee we charge ranges from 20% to 40%. According to one secondary market website, shares of Healthcare Trust Inc. have recently been sold for as low as $5.00/per share. Click here to visit The DI Wire directory page. Thus, brokers who misrepresent the investments, or recommend unsuitable investments may be liable for losses suffered. Many investors have reported being unable to redeem their shares fromnon-traded REITsand remain stuck in these uncertain investments as a result. 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 DI Wire reports that, as of December 31, 2018, the companys NAV per share was $17.50. 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. All copies must include this copyright statement. Unfortunately, thousands of retail investors have bought non-traded REITs and private placement that are unaware of the risks. 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. Non-traded REITs are high risk, complex investments and are not suitable every investor. 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. 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. 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. 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. 6:41 pm Comrit Investments 1 LP is a Tel Aviv-based securities and investment fund. 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. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. 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 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.. The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. Investment Losses? In some cases, the value can be pennies on the dollar or not even a market for the investment anywhere. 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. 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 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. 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. 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). Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. Healthcare Trust, Inc. is a non-traded real estate investment trust sponsored 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. 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.