Written by 4:26 pm Blog, Current Investigations, Securities Fraud Articles

AR Global’s Healthcare Trust, Investment Losses

AR Global’s Healthcare Trust, Investment Losses, featured by Top Securities Fraud Attorneys, The White Law Group

AR Global’s Healthcare Trust Inc. Third Party Tender Offer:  $7.99 per share.

The White Law Group is continuing our investigation in regards to the liability that some broker dealers may have for unsuitably recommending AR Global’s Healthcare Trust Inc., a real estate investment trust, to investors. If you have suffered from Healthcare Trust Inc. losses you may have recourse through FINRA Arbitration.

According to a recent letter to shareholders, the board of Healthcare Trust Inc., a non-traded REIT sponsored by AR Global, is recommending that shareholders reject a new unsolicited mini- tender off from Mackenzie Realty Capital to purchase up to 200,000 shares of its stock.

MacKenzie’s $7.99 per share offer price is significantly less than Healthcare Trust’s current estimated per-share net asset value of $17.50 as of December 31, 2018. MacKenzie’s offer price is $9.51 per share less, or 54.3 percent, than the REIT’s NAV per share. The distributions are currently paid at an annual rate of $0.85 per share, or approximately $0.07 per month per share, according to SEC filings.

Now in response to Mackenzie’s offer, the REIT has commenced a self-tender offer for up to 200,000 shares priced at $8.50.

Unfortunately for investors, the tender offer price of $8.50 per share may represent a huge loss for shareholders, as the original offering price was $25.00 per share.

Healthcare Trust has reportedly suspended its share repurchase program while the self-tender offer is in effect and for 10 days afterwards.

Liquidity Problems – Healthcare Trust Inc. Losses

Non-traded REITs such as Healthcare Trust Inc. are generally speculative, high risk investments and due to these risks are often unsuitable for most investors.

Investors looking to sell non-traded REITs, like Healthcare Trust Inc., often have difficulty finding a buyer, and can suffer significant losses on the sale.

If you are concerned about your investment in AR Global’s Healthcare Trust Inc. or have lost money in another AR Global non-traded REIT and would like to discuss your recovery options, please call the securities attorneys of The White Law Group at (888) 637-5510 for a free, no risk consultation.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

FINRA provides an arbitration forum for investors to resolve disputes. The White Law Group represents investors in FINRA arbitration claims throughout the country. Visit the firm’s homepage to learn more about the firm’s representation of investors.

 

 

 

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