Home Alts News Schorsch Shines His Light – ARC Healthcare Trust, Inc. Prepares for Liquidity

Schorsch Shines His Light – ARC Healthcare Trust, Inc. Prepares for Liquidity

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Nicholas Schorsch continues to seek liquidity events. This time American Realty Capital Healthcare Trust, Inc. (ARC Healthcare), a public, non-traded REIT, has announced its intent to file an application to list its common stock, under the symbol “HCT,” sometime in Q1 2014.

Advising ARC Healthcare were its financial advisors, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RCS Capital, a division of Realty Capital Securities, LLC, another Nicholas Schorsch entity.

At the end of November, ARC Healthcare, the $1.7 billion REIT, owned of 108 properties of which 69 are classified medical office buildings, 10 hospitals, 26 senior living facilities, and 3 inpatient rehab facilities across 27 states. Excluding the senior living facilities, the portfolio enjoys a 97% occupancy rate.

Thomas P. D’Arcy, CEO of ARC Healthcare Advisors, LLC commented on the properties, “Our management team has worked hard and long to build the best portfolio of healthcare real estate assets.”

As with any investment, you earn your return when you buy. This is especially true for real estate of any kind.

D’Arcy added, “We have purchased these properties at the right time in the real estate cycle, buying strong locations around the nation with creditworthy tenants, and have built a diversified pool of medical office buildings, hospitals and senior living facilities.”

Lastly, D’Arcy conjectured, “We believe the public traded markets will be very receptive to an offering of this sort.”