LOST MONEY IN GWG L BONDS? CLICK HERE TO LEARN MORE

National Healthcare Properties (Healthcare Trust/ARC Healthcare Trust II): Investor Loss Alert

If you have lost money in the stock market due to fraud, misrepresentation, negligence, or for other reasons, we can help you. We have successfully recovered over $250 million in FINRA securities arbitrations.*

Need Legal Help? Contact Us. Call +1 (888) 997-9956
Updated on: June 10, 2025

National investment loss lawyers KlaymanToskes is investigating brokerage firms and financial advisors who unsuitably recommended investments in National Healthcare Properties Inc., formerly known as Healthcare Trust Inc. and ARC Healthcare Trust II (OTCMKTS: HLTC). The REIT has experienced a sharp decline in value, trading for as low as $2.15 per share on the secondary market, down from its original offering price of $25.00 per share—a loss of over 90% for many investors.

Our law firm has been contacted by investors who have suffered losses in National Healthcare Properties Inc./Healthcare Trust Inc. due to recommendations by their brokerage firm/advisor. Our investigation has led the firm to believe many investors may have been misled regarding the risks and liquidity issues associated with Healthcare Trust’s investment offering.

If your financial advisor recommended an unsuitable Real Estate Investment Trust (“REIT”) based on your investment profile, or disregarded your risk-tolerance when making investment recommendations, you may be entitled to a financial recovery through FINRA arbitration.

If you suffered losses in National Healthcare Properties Inc. (formerly, Healthcare Trust Inc.), or any other investments due to unsuitable recommendations by your brokerage firm or financial advisor, contact securities attorney Steven D. Toskes at (888) 997-9956 or investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

What is National Healthcare Properties (Healthcare Trust Inc.)?

National Healthcare Properties Inc., formerly known as Healthcare Trust Inc. and ARC Healthcare Trust II, is a non-traded REIT that owns a portfolio of over 200 healthcare-related real estate properties across 33 U.S. states, including senior housing and medical office buildings. The REIT initially raised more than $2.2 billion from investors before rebranding and transitioning to the OTC market under the symbol HLTC.

While marketed as a stable income-generating investment, many investors have since faced:

  • Drastically reduced share values, from $25.00 to as low as $2.15
  • High upfront fees (7–10%) and illiquidity
  • Suspension of the share repurchase plan
  • Stock-based dividends instead of cash payments

National Healthcare Properties Faces Financial and Legal Scrutiny

Despite managing a portfolio worth over $2.13 billion, Healthcare Trust reported an NAV per share of $14 as of March 31, 2023—yet shares continue to trade far lower on secondary markets. Distributions have shifted from cash to shares, and the company announced plans to internalize management and explore a potential public listing in 2025.

Investment Losses in National Healthcare Properties? Contact KlaymanToskes

Investment Losses in National Healthcare Properties? Contact KlaymanToskes

Contact KlaymanToskes

What Are the Risks of Investing in National Healthcare Properties (Healthcare Trust Inc.)?

Investing in National Healthcare Properties Inc., formerly known as Healthcare Trust Inc. carries several risks, particularly due to its nature as a REIT investment. The brokers and financial advisors responsible for selling Healthcare Trust Inc. may be held responsible for any financial losses sustained by investors. Brokerage firms and financial advisors must consider their client’s risk tolerance prior to making recommendations, and cannot overconcentrate their customers’ accounts in any one investment product or market sector.

KlaymanToskes is a leading national securities fraud law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations. The firm has helped recover over $600 million for investors (exclusive of attorneys fees and costs), and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.

If you suffered losses in Healthcare Trust Inc., or any other investments, contact securities attorney Steven D. Toskes to discuss your potential recovery options at (888) 997-9956 or fill out a short contact form for a free and confidential consultation.


National Healthcare Properties (Healthcare Trust Inc.) Investment Losses

Potential conflicts of interest may arise when issuers incentivize brokers/investment advisors with substantial commissions to promote their financial products. A problem often associated with alternative investment recommendations, such as REITs and BDCs, is the high sales commissions brokers typically earn for selling these investments, which can be as high as 15%. A representative that recommends investments for the purpose of being compensated through increased commissions, and enriches themselves rather than benefiting the client, is violating securities laws.

Can I File a Lawsuit to Recover Losses?

To recover investment losses, you do not go through the traditional court system with a lawsuit. The only remedy is through a FINRA arbitration, a specific process designed for these types of disputes. This process involves presenting your case to a panel set by the Financial Industry Regulatory Authority (FINRA), not a courtroom. This approach is streamlined and focused on investment disputes, making it a suitable and effective way for investors to seek compensation for losses caused by financial advisors or brokerage firms.

What is a FINRA Arbitration Claim?

FINRA (the Financial Industry Regulatory Authority) is a self-regulatory organization that oversees brokers and brokerages. In the event of a dispute between an investor and their financial advisor, investors can choose to file a FINRA arbitration claim. FINRA is overseen by the Securities and Exchange Commission (“SEC”).

The arbitration process is designed to be much faster than the court system and allows both parties to present their case before a panel of arbitrators. The arbitrators will then decide how to resolve the dispute, including ordering the advisor to pay damages for any losses suffered by the investor.

If you suffered losses in National Healthcare Properties (formerly known as Healthcare Trust Inc.), or other investments, you are encouraged to contact attorney Steven D. Toskes, at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are signs that you should look out for if you believe you have a claim against your broker/advisor for unsuitable investment recommendations in National Healthcare Properties (formerly known as Healthcare Trust Inc.). These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you purchased unsuitable National Healthcare Properties (formerly known as Healthcare Trust Inc.) investments, or any other unsuitable investments through your financial advisor/brokerage firm, and suffered significant losses, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.