AR Global’s Healthcare Trust Declares Lower Annual NAV Per Share

The board of Healthcare Trust Inc., a publicly registered non-traded real estate investment trust sponsored by AR Global, has declared a $14.00 net asset value per share of the company’s common stock, as of Dec. 31, 2022.

Previous NAVs per share were $15.00 as of Dec. 31, 2021, $14.50 as of Dec. 31, 2020, $15.75 per share as of Dec. 31, 2019, and $17.50 per share as of Dec. 31, 2018. Shares were originally priced at $25.00 each.

Kroll LLC (formerly known as Duff & Phelps), an independent third-party real estate advisory firm, assisted with the valuation and provided an NAV per share range of $12.79 – $14.54, with a midpoint of $13.65 per share, which is $0.35 lower than the declared NAV per share.

On April 3, 2023, Healthcare Trust Inc. also announced the declaration of a quarterly stock dividend of 0.015179 shares of the company’s common stock, $0.01 par value per share. The stock dividend is payable on April 17, 2023.

Healthcare Trust invests in healthcare-related real estate and owns a $2.6 billion portfolio of 202 properties, as of the fourth quarter of 2022. The company’s primary offering was declared effective by the SEC in February 2013 and closed in November 2014 after raising $2.2 billion in investor equity.

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