Which AR Global-sponsored nontraded REIT had a book value of equity per share as of June 30, 2018, of $14.35 and a most recent estimated net asset value per share of $20.25?

Answer: Healthcare Trust, Inc., formerly American Realty Capital Healthcare Trust II, Inc.

On March 29, 2018, the independent directors of the REIT’s board approved an updated estimate of per-share net asset value (“Estimated Per-Share NAV”) equal to $20.25 as of December 31, 2017, which was published on April 4, 2018. On June 30, 2018, the REIT reported a book value of stockholders’ equity of $1,303,572,000, with 91,395,825 common shares outstanding as of that date.

On February 20, 2018, the board authorized a further decrease in the rate at which the REIT pays monthly distributions to stockholders, effective as of March 1, 2018, to a rate equivalent to $0.85 per annum per share of common stock, an annualized yield of 3.40% based upon the original offering price of $25.00 per share.