American Realty Capital Healthcare Trust III Reinstates DRIP
American Realty Capital Healthcare Trust III Inc., a publicly registered non-traded real estate investment trust sponsored by AR Capital, reinstated its distribution reinvestment plan, effective for the February 5th distribution.
As reported by The DI Wire, the company temporarily suspended its DRIP campaign for the month of January.
In other American Realty Capital Healthcare Trust III news, The DI Wire reported last month that Thomas D’Arcy stepped down as chief executive officer, president and secretary of the REIT. Edward Lange, Jr. stepped down as chief financial officer, chief operating officer and treasurer.
American Realty Capital Healthcare Trust III Inc. is a publicly registered, 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.
