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<a href="http://www.accessmylibrary.com/coms2/summary_0286-20240611_ITM" title="Facts and information about Wells to Launch REIT Sequel.(launches the Wells Real Estate Investment Fund II)(Brief Article)">Wells to Launch REIT Sequel.(launches the Wells Real Estate Investment Fund II)(Brief Article)</a>
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Wells to Launch REIT Sequel.(launches the Wells Real Estate Investment Fund II)(Brief Article)
Wells Real Estate Funds, a real estate investment management firm, has launched its latest offering, the Wells Real Estate Investment Trust II.
The Wells REIT II offering is expected to bring in up to $7.76 billion through the issuance of 600 million shares of common stock at $10 each and up to 185 million shares of common stock at $9.55 per share under its dividend reinvestment plan.
Wells REIT II, a private REIT that is not traded on the public markets, expects to use "substantially all" of the net ...
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