STOCK TITAN

Griffin-American Healthcare REIT IV/American Healthcare REIT Investor Loss Investigation: Please Contact KlaymanToskes Immediately

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary
KlaymanToskes investigates Griffin-American Healthcare REIT IV for potential recovery options for investors. The REIT has lost 60% of its market value since its reverse stock split share price of $31.40. Investors who suffered losses in excess of $100,000 due to unsuitable recommendations should contact KlaymanToskes.
Positive
  • Investigation into Griffin-American Healthcare REIT IV for potential recovery options.
  • Loss of 60% of market value since reverse stock split share price of $31.40.
  • Investors with losses over $100,000 due to unsuitable recommendations urged to contact KlaymanToskes.
  • American Healthcare REIT's estimated net asset value per share was $31.40 after reverse stock split.
  • Assets valued at $4.6 billion as of September 30, 2023, with current market value of $1.5 billion.
  • 56 million shares sold at $12 per share, leading to over 60% market value loss for investors.
  • Brokerage firms and financial professionals may be liable for investment losses incurred by customers.
  • Potential conflicts of interest in REIT investments due to high sales commissions for brokers.
  • Legal options available for investors who suffered losses in Griffin-American Healthcare REIT IV and other illiquid investments.
Negative
  • Loss of over 60% market value since reverse stock split.
  • Potential conflicts of interest in REIT investments due to high sales commissions for brokers.

KlaymanToskes Has Recovery Options for Griffin-American Healthcare REIT Investors

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / National investment loss lawyers KlaymanToskes is investigating brokerage firms and brokers/investment advisors who recommended Griffin-American Healthcare REIT IV to their customers, when the investment was illiquid for a share price of $10. Recently, the REIT has lost 60% of its market value since its reverse stock split share price of $31.40, and the completion of its initial public offering, during which American Healthcare REIT (NYSE: AHR)shares were sold at the bottom of their marketed range.

Investors who suffered losses in excess of $100,000 due to their broker/financial advisor's unsuitable recommendations and/or overconcentration of investments in Griffin-American Healthcare REIT IV and/or any other illiquid REITs and Business Development Companies ("BDCs") should immediately contact KlaymanToskes at (888) 997-9956.

American Healthcare REIT, formerly known as Griffin-American Healthcare REIT IV, is a real estate investment trust ("REIT") that acquires, owns and operates clinical healthcare real estate properties. Shares of American Healthcare REIT's common stock began trading under the symbol AHR on the New York Stock Exchange on February 7, 2024, with Bank of America and Morgan Stanley acting as lead book-running managers for the offering.

The REIT's estimated net asset value (NAV) per share for Class T and Class I common stock was $31.40 as of December 31, 2022 after a 4 - 1 reverse stock split. American Healthcare REIT's assets were valued at approximately $4.6 billion as of September 30, 2023, and it currently has a market value of approximately $1.5 billion, based on the outstanding shares listed in its filings with the Securities and Exchange Commission (SEC). The company expected an IPO share price ranging from $12 to $15 per share, however, 56 million shares were sold at a price of $12 per share, falling on the lower end of the marketed range, and leading to a market value loss of over 60% for investors since the company's reverse stock split.

Brokerage firms and financial professionals that recommended investments in REITs may be liable for any investment losses incurred by their customers. Brokerage firms must diversify their clients' portfolios and cannot overconcentrate their customers' accounts in any one investment product or market sector.

Additionally, 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 REIT investment recommendations is the high sales commissions brokers typically earn for selling REITs, 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.

If you suffered investment losses in excess of $100,000 in Griffin-American Healthcare REIT and/or any other illiquid alternative investments including REITs and BDCs, due to your brokerage firm or financial advisor, contact attorney Lawrence L. Klayman at (888) 997-9956 or lawrence@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney's fees unless we are able to obtain a financial recovery for you.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact

KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com

SOURCE: KlaymanToskes



View the original press release on accesswire.com

FAQ

What is the current market value of American Healthcare REIT (AHR)?

American Healthcare REIT currently has a market value of approximately $1.5 billion based on outstanding shares.

How much did American Healthcare REIT's assets value at as of September 30, 2023?

American Healthcare REIT's assets were valued at approximately $4.6 billion as of September 30, 2023.

What was the estimated net asset value (NAV) per share for American Healthcare REIT after the reverse stock split?

The estimated net asset value per share for American Healthcare REIT was $31.40 after the 4 - 1 reverse stock split.

What was the IPO share price range for American Healthcare REIT?

American Healthcare REIT expected an IPO share price ranging from $12 to $15 per share, but 56 million shares were sold at $12 per share.

How much of a market value loss did investors experience since the company's reverse stock split?

Investors experienced a market value loss of over 60% since the company's reverse stock split.

What should investors do if they suffered losses in Griffin-American Healthcare REIT IV?

Investors who suffered losses in excess of $100,000 due to unsuitable recommendations should contact KlaymanToskes for potential recovery options.

Are brokerage firms and financial professionals liable for investment losses incurred by customers?

Brokerage firms and financial professionals may be liable for investment losses incurred by customers.

What potential conflicts of interest may arise in REIT investments?

Potential conflicts of interest may arise in REIT investments due to high sales commissions for brokers.

How can investors seek legal options for losses in illiquid investments?

Investors who suffered losses in illiquid investments like Griffin-American Healthcare REIT IV can contact attorney Lawrence L. Klayman at (888) 997-9956 for a free consultation to discuss legal options.

American Healthcare REIT, Inc.

NYSE:AHR

AHR Rankings

AHR Latest News

AHR Stock Data

4.11B
152.87M
0.91%
60.82%
5.12%
REIT - Healthcare Facilities
Real Estate Investment Trusts
Link
United States of America
IRVINE