Healthcare Trust Inc. (HTI) – Illiquid Investment Updated on February 27, 2020
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 Board of Directors approved a $17.50 net asset value per share of the company’s common stock as of December 31, 2018, representing a decrease of nearly 13.6 percent compared with HTI’s December 31, 2017 estimated NAV per share of $20.25.
Liquidity Problems – Tender Offer Price -$8.61 per Share
Unfortunately for investors, Comrit Investments 1 LP, a Tel Aviv-based investment fund, has just extended an unsolicited tender offer to purchase up to 5 million shares of Healthcare Trust Inc., for $8.61 per share. The offer reportedly expires on April 30, 2020.
This may be at a significant loss to investors, 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 Healthcare Trust Inc. 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 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.