Wednesday, August 24, 2011

Timely News

I received an email today from a "due diligence" firm that announced two pieces of non-traded REIT news.  I learned that Wells REIT II had a $250 million bond issue in...April!  I am glad I now know this important news five months after the transaction.  Wait, I think I wrote about it here...in April.  Wells REIT II used the bond proceeds to repay acquisition financing on its $615 million Market Square transaction. 

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