Wednesday, March 04, 2009

Wells REIT II
I posted earlier in the week about Wells REIT II's suspension of its share redemption program. Wells REIT II also announced this week that is maintaining its 6% annualized dividend. So, the dividend is being maintained despite the suspension of redemptions. Look for most of the non-traded REITs to suspend or restrict their share redemption programs in the near future.

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