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Healthcare Trust REIT Loss Attorney
Did You Suffer Investor Losses in Healthcare Trust Inc.?
REIT Rebrands With New Name National Healthcare Properties Inc.
Shepherd Edwards and Kantas Healthcare Trust REIT Loss Attorney teams (investorlawyers.com) are speaking to investors who sustained losses in Healthcare Trust Inc. (HTI), which is now called National Healthcare Properties (NASDAQ: HTIA). Formerly a non-traded real estate investment trust (another earlier name was ARC Healthcare Trust II), this real estate investment trust may have been unsuitably recommended to customers by financial advisors.
It doesn’t matter if you invested in Healthcare Trust REIT before it became National Healthcare Properties. There may still be time to pursue damages from a liable broker-dealer, which is why it is so important that you explore your legal options with one of our skilled REIT loss attorneys right away.
Specializing in healthcare-related real estate that encompasses more than 200 properties in 32 states with a gross asset value of $2.6B, this company recently executed a 4-for-1 reverse stock split after reporting a net loss of $139M for the first half of this year. Its per-share net asset value declined from $14 in 2022 to $13. On the secondary market, Central Trade and Transfer, Healthcare Trust REIT shares were selling for as low as $2.15/share.
Why Might You Have Legal Grounds for Suing The Broker That Sold You HTI REIT?
There are growing concerns that financial advisors may have not fully apprised customers of the liquidity issues and other risks involving this type of investment. Some brokers may not have even understood the risks themselves. That said, this non-traded REIT was once sponsored by American Realty Capital and affiliated with Nicholas Schorsch, who was embroiled in an accounting scandal a while back. Other American Realty Capital REITs have done poorly.
Such negative developments should have compelled brokers and investment advisers to exercise caution when marketing and selling this real estate investment trust to clients, especially conservative retirees and retail investors. Unfortunately, because alternative investments tend to pay higher commissions and fees than more traditional investments, this may motivate some financial advisors to commit due diligence failures and disregard investors’ best interests with their poor investment recommendations and bad advice.
Broker-dealers are supposed to properly supervise their registered representatives and the latter’s activities in customer accounts to make sure nothing careless or wrongful is taking place. A failure to supervise can be grounds for a REIT loss lawsuit.
Representing REIT Investors Against Broker-Dealers
Shepherd Smith Edwards and Kantas Healthcare Trust REIT Loss Attorney teams represent investors in pursuing damages from negligent brokers who should have taken better care when making investment recommendations and managing our client’s accounts. This is not the kind of investment loss recovery claim that you want to make without skilled securities attorneys representing you.
We know how to determine whether your Healthcare Trust REIT/National Healthcare Properties REIT losses were caused even if just in part by broker misconduct or negligence. With over a combined more than a century’s worth of experience in securities law and the securities industry, we have the skills, experience, and resources to maximize your chances for a full recovery if we decide to work together.
Call our Healthcare Trust REIT Loss Attorney Team at (800) 259-9010 or contact us online.