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Wells REIT II Life Cycle
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Wells REIT II Life Cycle
Statement of investment objectives and intended use of net proceeds from offering
Commencement of receiving investor monies
Funds primarily used for property purchases
Portfolio achieves greater diversification
Portfolio begins to take shape in accordance with stated investment objectives
Property assets are actively monitored and managed
Property Acquisition continues through completion of offering
Property assets are actively monitored and managed
Program matures and may experience:
Acquisitions
Lease renewals/new leases
Dispositions
Payouts to investors
Additional acquisitions
Portfolio valuation/appraisal 18 months after completion of offering
Nears completion of its life cycle
List:
May be listed on public exchange - shares would be tradeable and may be sold for cash
Liquidate:
Assets may be sold or liquidated - proceeds would be distributed to investors after payment of fees and expenses or shareholders may vote to extend offering. (See prospectus)
Life cycle represents management's intentions; actual timing of events may vary.