Healthcare Trust Inc. (ARC Healthcare Trust II) – Value Continues to Decline
Recovery of Investment Losses in Healthcare Trust Inc.
The White Law Group is continuing its investigation into the liability brokerage firms may have for unsuitably recommending Healthcare Trust Inc. (formerly known as ARC Healthcare Trust II) to investors. If your financial advisor unsuitably recommended investing in Healthcare Trust Inc. (HTI), and you incurred losses, you may be able to recover your losses by filing a FINRA Arbitration claim.
Healthcare Trust Inc., formerly known as ARC Healthcare Trust II, is a non-traded real estate investment trust 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.
The REIT reportedly terminated its offering in November 2014 after raising approximately $2.2 billion in investor equity.
The company reported on April 2, 2021 that its current NAV is $14.50 per share, a decrease from the estimated NAV on April 3, 2020, of $15.75 as of December 31, 2019. This marks a continuous decline, as the estimated NAV per share in December 2018 was reported as $17.50 per share. According to filings with the SEC, the REIT announced the declaration of a quarterly stock dividend of 0.014655 shares of the Company’s common stock, $0.01 par value per share, on each share of the Company’s outstanding Common Stock.
HTI reportedly did not provide any narrative related to the NAV decline in its disclosure.
Secondary Sales Price Continues to Decline
According to Central Trade and Transfer, a secondary market for non-traded REITs, shares of HTI were recently sold for $5.00 per share. This may indicate significant losses to shareholders, as the original offering price was $25.00 per share.
The White Law Group continues to investigate securities fraud claims involving broker-dealers who may have unsuitably recommended Healthcare Trust Inc. (HTI) to 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.
Your financial advisor has a responsibility to perform due diligence on any investment before recommending it to you. If your advisor unsuitably recommended HTI and you lost money, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claims against the brokerage firm that sold you the investment.
For a free, no obligation consultation with a securities attorney, please contact the offices of The White Law Group at 1-888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois, and Seattle, Washington.
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.
For more information on the investigation, please see:
Healthcare Trust Inc. – HTI – Recovery of Investment Losses
AR Global’s Healthcare Trust Inc. Decreases Shareholder Distributions
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