In the early stages of their life cycles, most nontraded REITs contract with a third-party advisor to make their investment decisions and manage their day-to-day operations. Wells REIT II has this type of arrangement.
Wells REIT II is externally managed and advised by Wells Capital, an affiliate of Wells Real Estate Funds, Inc. For nearly 24 years, Wells Real Estate Funds has been helping investors on the road to achieving their dreams.
As a real estate investment manager and Advisor, Wells employs its knowledge and experience to guide Wells REIT II. Because Wells REIT II has no employees of its own, it relies on Wells to direct its day-to-day operations and investment decisions.
History
Wells Real Estate Funds was founded by Leo Wells in 1984. Founded on a disciplined investment philosophy, today, Wells Real Estate Funds is one of America's leading real estate investment management companies. Since its beginnings, Wells has invested over $11 billion in real estate and provided more than 200,000 investors the opportunity to further diversify their portfolios with quality commercial real estate.
A nontraded REIT is not suitable for all investors. An investor must meet certain income, net worth and other suitability standards
An investment in Wells REIT II is subject to substantial risks. These risks include:
- Limited transferability and lack of liquidity
- Limited operating history
- Reliance on our advisor and its affiliates
- Payment of significant fees to the advisor and its affiliates
- Potential conflicts of interest
- Failure to qualify as a REIT for federal income tax purposes
- Inability to invest all of the net offering proceeds promptly
- Continuing high demand for the type of properties we desire to acquire
