Click here to visit The DI Wire directory sponsor page. This included the fact that AR Global was the sponsor of nine other publicly offered programs. Portfolio Property Map. As of September 30, 2020, the company owned 885 properties totaling 19 million rentable square feet, including 852 single-tenant net leased commercial properties (814 of which are retail properties) and 33 multi-tenant retail properties. Healthcare Trust Inc. is a publicly registered non-traded real estate investment trust sponsored by AR Global. Written by The White Law Group October 5, 2022 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 indicated that the changes were made to preserve liquidity and maintain additional financial flexibility in light of the COVID-19 pandemic. 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. Contact us now for a free consultation! 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. Based on law firm verdicts and settlements exceeding $4 billion, our securities fraud lawyers are committed to seeking justice for the victims of investment fraud and misconduct. This has led to an avalanche of lawsuits by investors against broker-dealers and investment firms to recover losses. The offer is in response to an unsolicited offer from MacKenzie Capital Management, LP$12.11 per share He was named to the Top 40 Under 40 by Daily Journal and a Rising Star in Class Actions by Law360. Files Chapter 11 Bankruptcy, Lucira Health Inc. April 4, 2022 Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. 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 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. Healthcare Trust invests in multi-tenant medical office buildings and owned a portfolio of 200 properties, as of the third quarter of 2020. Unfortunately for many investors, it appears that the secondary market price would represent a significant loss on their initial capital investment. Her focus at AlphaBetaStock.com is research breaking stocks and investment stories. Subject to approval, the common stock would begin trading during the third quarter. For more information on The White Law Group, visithttps://www.whitesecuritieslaw.com. The company's previous NAV per share was $17.50 as of December 31, 2018, and shares were . In addition to the high risks, non-traded REITs, likeHealthcare Trust Inc.,often lack liquidity. 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. Even if the NAV was accurate, this could represent a decline of over 40% of the investors principal. 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. The original purchase price of Healthcare Trust Inc. was $25/share. The company launched its Series A Preferred Stock offering (Nasdaq: HTIA) in December 2019. Scott is admitted to practice in New York and Florida and the firms FINRA arbitration attorneys represents investors nationwide. Non-traded REITs are high risk, complex investments and are not suitable every investor. Shares were originally priced at $25.00 each. Previous NAVs per share were $15.75 per share as of December 31, 2019, and $17.50 per share as of December 31, 2018. My in-laws lost their retirement funds to a dishonest broker. Once her resignation becomes effective, Jason Doyle will succeed her as CFO, secretary and treasurer of both companies. 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. Healthcare Trust is closed to all new investments. As such, it was subject to significant risks including: Investments in Healthcare Trust Inc. REIT were not suitable for all investors. Because the offer price under the company offer is still well below the current Estimated Per-Share NAV of the shares, the Companys board of directors recommends that stockholders DO NOT tender their Shares in the Company Offerorthe lower MacKenzie Offer. In response to the calls, Haselkorn & Thibaut has set up a toll-free number at 1 888-628-5590 to call for a free portfolio review. Copyright 2023 AlphaBetaStock.com All Rights Reserved | AlphaBetaStock.com is a financial news publisher that does not offer any personal financial advice or advocate the sale or purchasing of any investment/security. 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. 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.. Shares were originally priced at $25.00 each. 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. Recommendations should only be made if the investment is suitable for an individual investor given their age, investment objections, investment experience and risk tolerance. 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. 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. For more information, please visit our About Us section. Michael has over 20 years of experience representing individual and small business plaintiffs against the worlds large financial institutions, including Visa, Mastercard, and Chase. The DI Wire reports that, as of December 31, 2018, the companys NAV per share was $17.50. No further repurchase requests may be made unless the SRP is reactivated, the company said. 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. The purchase price in the MacKenzie Offer is $9.34 per Share, or 44%, lower than the Estimated Per-Share NAV. 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. Mr. Weil was named Healthcare Trust Inc.'s chief executive officer on August 23, 2018, which went into effect on September 12, 2018. 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 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. 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. 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. 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? 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. If your advisor recommended any Healthcare Trust Inc., you may have a legal right to bring a claim to recover your losses. Additional information about NYC can be found on its website at AmericanStrategicInvestment.com . 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.). Speak with a lawyer to find out if you have a claim. Blog, Current Investigations. 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 Investors may have lost a significant amount of their original investment, and may even remain stuck in the non-traded REIT. 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. 2015 by The White Law Group, LLC All rights reserved. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. 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. 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. We represent investors on a contingency fee basis, meaning there are no upfront costs or fees to you. American Finance Trust is focused on managing and acquiring a portfolio of single and multi-tenant properties that are service-retail focused. Shares of Healthcare Trust Inc. REIT could be worth as little as $5 or less. Is it a Buy? The Companys board of directors is urging shareholders to reject Mackenzies offer, believing it is not in their best interest. She received her law degree from American University in 2005. Another problem often associated with REIT recommendations is the high sales commissions brokers typically earn for selling REITs as high as 15%. Doyle is a certified public accountant in the State of Rhode Island, holds a bachelors degree from the University of Rhode Island, and an MBA from Babson College.

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