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American Realty Capital Healthcare Trust, Inc. June 2011

American Realty Capital Healthcare Trust, Inc. June 2011. Disclaimer.

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American Realty Capital Healthcare Trust, Inc. June 2011

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  1. American Realty CapitalHealthcare Trust, Inc.June 2011

  2. Disclaimer This webinar is intended to be part of the Broker/Dealer’s review, and is not intended to cover all facets of that which a Broker/Dealer may require. It should be noted that FINRA NTM 05-48 addresses the responsibilities of the individual broker/dealer: suggesting they may not rely exclusively on the efforts of a third party provider. While this webinar is designed to assist the broker/dealer in their due diligence efforts, it is not designed to replace it. In addition, Buttonwood expresses no opinion as to the Program’s, Sponsor’s, Advisor’s, and any affiliates thereof adherence to federal or state laws. Furthermore, the information contained within this webinar is the property of Buttonwood Investment Services LLC and as such may not be reproduced, copied or disseminated in any manner without the express written consent of Buttonwood Investment Services LLC.

  3. Offering Summary For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  4. Offering Summary The Company will seek to build a diversified portfolio of real estate, focusing on medical office buildings and healthcare-related facilities Targeted Healthcare-related Investments: • Up to 15.0% of assets may be invested in debt securities, loan originations or ownership stakes in other entities with similar investment objectives For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  5. Sources & Uses of Proceeds For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  6. Financial Summary-Sponsor For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  7. Comments • Management intends to fund distributions from operating cash flow • However, there are no limits on the amount of distributions that may be funded from offering proceeds, borrowed funds, the sale of additional shares, or other sources • Utilizing offering proceeds, borrowings, etc to pay distributions hampers a REIT’s ability to meet stated goals For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  8. Comments • ARC typically only invests $200,000 in programs that are targeting $1.5 billion in equity raise. Given this minimal investment amount, ARC’s interests are not as strongly aligned with investors as they would be with a large equity position alongside investors in the REIT • ARC management attests that their “skin in the game” is at the advisor level and that their ability to continue offering programs hinges on the fair treatment of investors, therefore they are of the opinion that their interests are properly aligned For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  9. Comments • Management has stated that they will not sponsor any follow on offerings, and their goal for this REIT is to return investor funds within 3 to 5 years after the close of the offering • The REIT is prohibited from paying an internalization fee. • However, up to 5.0% of outstanding shares (max 7,500,000 shares ) may be issued to directors, officers, employees and consultants • This restricted share program was originally implemented for ARC Trust shortly following the decision to prohibit the payment of an internalization fee by ARCT For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

  10. Contact Buttonwood Investment Services, LLC 26 W Dry Creek Circle, suite 470 Littleton, CO 80125 (303) 730-3399 www.buttonwoodinvestmentservices.com Analysts: Gail Schneck Steve Ogrin For additional detail, please see our complete report, which can be obtained by visiting: www.buttonwoodinvestmentservices.com/reports/

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