With Healthcare Trust REIT’s Plans To Go Public, A Likely Drop In Price Could Cause Significant Investor Losses
The Time To Explore Your Legal Options With Skilled Non-traded REIT Loss Lawyers Is Now
Shepherd Smith Edwards and Kantas (investorlawyers.com) is continuing to investigate claims of losses involving investors of Healthcare Trust REIT (HTI). Formerly named Healthcare Trust II (Arc Healthcare Trust II), this non-traded real estate investment trust recently announced plans to change its name to National Healthcare Properties, switch from external advisor Healthcare Trust Advisors, LLC to self-management, and list its common stock on a national securities change as early 2025.
Going public is not a guarantee. However, usually when a non-traded real estate investment trust makes the move, this does not end well for investors as there will likely be a price drop.
There were already concerns of investor losses due to unsuitable recommendations of HTI REIT by financial advisors before this announcement. Also, in 2022, Healthcare Trust, which invests in senior housing, healthcare real estate, and medical office buildings, reported a decrease in its net asset value from $25/share to $14.50 – $15/share. Aa $2.15/share sale price on a secondary market was not good news for HTI investors either.
What Should You Do If You Suffered Losses In HTI REIT?
Healthcare Trust REIT has a limited operating history. Illiquid, with supposed conflicts of interest, and an offering price that was purportedly “arbitrarily determined,” this was a high-risk proposition for investors from the start. Not only that but factor in the high commissions and fees that investors had to pay. That means that for at least some of them, less than 87% of their money went into this non-traded REIT.
One might think that going after HTI would be the solution to recoup their investment losses, but obtaining a full recovery from that approach is highly unlikely. What an investor can do is explore their legal options with one of our seasoned Healthcare Trust REIT loss attorneys.
Shepherd Smith Edwards and Kantas Healthcare Trust REIT Fraud Lawyers have been investigating and going after brokers that unsuitably marketed and sold non-traded REITs to investors for years. We have filed many claims in FINRA arbitration against broker-dealers for unsuitable recommendations, misrepresentations and omissions, concentration, negligence, gross negligence, failure to supervise, and more.
How Can Our Healthcare Trust REIT Fraud Lawyers Help?
Your first step is to contact us today to schedule your free, initial case assessment. During your consultation, we can determine whether your HTI losses were in part due to due diligence failures, breach of fiduciary duty, or any of the other legal grounds we have mentioned, by your financial advisor.
If we decide to work together you can trust that you will receive personalized attention and quality representation. Many of us are former financial advisors who left that industry because of the unsavory practices we witnessed. We know how to identify stockbroker fraud and negligence and can maximize your chances for a full recovery.
Contact Our Healthcare Trust REIT Fraud Lawyers
Over the decades, our Healthcare Trust REIT Fraud Lawyers have helped thousands of investors to collectively recoup many millions of dollars. Call (800) 259-9010 today.