ARC Healthcare declares common stock dividend for January 2015

American Realty Capital Healthcare Trust, Inc. ("ARC Healthcare") (NASDAQ: HCT) announced today that, pursuant to the prior authorization of its board of directors, on January 15, 2015, ARC Healthcare will pay a distribution of $0.056666667 per share to stockholders of record at the close of business on January 8, 2015.

In addition, pursuant to the merger agreement between ARC Healthcare, Ventas, Inc. ("Ventas") and certain related parties, ARC Healthcare agreed to pay a "stub period" dividend to its stockholders for the period from the most recent common stock dividend record date through the last business day prior to the closing of the merger between ARC Healthcare and Ventas, which remains subject to the closing conditions set forth in the merger agreement, including the approval of ARC Healthcare's stockholders. The "stub period" dividend will reflect a fraction of ARC Healthcare's monthly common stock dividend by dividing the amount of days elapsed since the last common stock dividend record date, January 8, 2015, through the last business day prior to the closing of the merger, divided by the amount of days in the month in which the "stub period" dividend will be paid. Such "stub period" dividend will be paid on the last business day prior to the closing of the merger to stockholders of record at the close of business on such date.