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AR Capital to Deliver More Liquidity

For the second time this month, an AR Capital sponsored non-traded REIT has announced its intention to list on a national stock exchange. American Realty Capital Healthcare Trust II, Inc.(Healthcare Trust II) plans to file an application to list under the symbol “HTI” and at the time of listing, change its name to Healthcare Trust, Inc.

Today’s announcement comes on the heels of public, non-traded REIT American Realty Capital Global Trust, Inc. (Global Trust) declaring its intention to list on the New York Stock Exchange (NYSE) during the second quarter of 2015 under the symbol “GNL” and concurrent with listing, also change its name to Global Net Lease, Inc.

Healthcare Trust II intends to list during the third quarter of 2015.

KeyBanc Capital Markets and RCS Capital acted as financial advisors to Healthcare Trust II and as a result of their findings, the REIT’s Board of Directors determined it’s in shareholder’s best interest for the REIT to move forward with listing.

“Listing Healthcare Trust II is an important strategic step to enhance long-term shareholder value and create liquidity. The real estate capital markets, while somewhat volatile, still offer, in our opinion, the best relative strategic alternative to monetize value for our stakeholders, while not foreclosing other options,” commented Thomas D’Arcy, Chief Executive Officer of Healthcare Trust II.

Through the end of December 2014, Healthcare Trust II’s portfolio consisted of 118 properties totaling 6.3 million square feet. It’s only 3.5 percent leveraged.

The REIT enjoys a 90.9 percent occupancy rate with a remaining average lease term of 10.5 years. During its offering period, Healthcare Trust II raised over $2 billion in equity capital.