About Wells Press Room Glossary Contact Us
Home Investor Login Financial Professionals
Investment ProductsProperty GalleryInvestorsFinancial ProfessionalsReal Estate Services
 
 

Wells Timberland REIT SEC Filings

Wells Real Estate Funds


  As of June 27, 2008, this offering is not effective in Massachusetts, Michigan, Minnesota, and Ohio. Please check the prospectus for suitability guidelines determined by the investor's state of residence.

The following SEC forms related to this product are available publicly on EDGAR, an electronic system developed by the U.S. Securities and Exchange Commission.

10-K   Annual financial report required by the SEC. Comprehensive overview of the fund.

10-Q   Quarterly financial report required by the SEC. Comprehensive overview of the fund.

8-K   A financial report of unscheduled material events or corporate changes.

Click here for additional SEC filings for Wells Timberland REIT.


Click here to see the Wells Timberland REIT brochure.

THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN OFFERING IS MADE ONLY BY THE PROSPECTUS.

This advertising must be read in conjunction with the prospectus in order to fully understand the implications and risks of the offering of securities to which it refers. A copy of the prospectus must be made available to you in connection with this offering. Click here to view SEC filings for up-to-the-minute updates to the Wells Timberland REIT prospectus. Click here to view a PDF of the prospectus. Click here to view a risk factor disclosure.

Wells Timberland REIT has a limited operating history and owns one property. If additional properties are not acquired, Wells Timberland will not be able to achieve the level of diversification described in the prospectus. While there is no guarantee, Wells Timberland anticipates qualifying for REIT tax status by December 31, 2009.

As of March 31, 2008, Wells Timberland's total borrowings were approximately 1,305% of net assets and 91% of the cost of the timber assets before adjustments for depletion and amortization. The Board determined that borrowing in excess of the general leverage limitation of 300% of net assets was justified in connection with the acquisition of Mahrt Timberland. Wells Timberland is prohibited from making distributions or redeeming shares under its share redemption plan (except for qualified disabilities and death) until certain loans and financial targets are satisfied.

Risks include, but are not limited to: lack of liquidity and a publicly traded market; dependence on the Advisor and conflicts of interest facing the Advisor, its affiliates, and Wells Timberland REIT officers and directors; the potential for adverse economic, environmental, and regulatory changes; and shares that may be worth less than their purchase price when sold.

In order to achieve a diverse portfolio of properties, Wells Timberland must raise substantial funds. The fees and expenses of this offering may increase the risk of not earning a profit. Wells Timberland's failure to qualify as a REIT would limit its ability to make distributions. Nontraded REITs are generally illiquid investments and are not suitable for all investors. Offering details and risks are enumerated in the Wells Timberland REIT prospectus.

Readers should be aware that there are various factors that could cause actual results to differ materially from the forward-looking statements made herein.

Please contact your financial representative to receive a prospectus for the Wells Timberland REIT, which includes information on charges, expenses, and other important facts. Investors should consider their investment objectives and risks, along with an offering's charges and expenses before investing. Please read the prospectus carefully before investing or sending money.

Wells products are not FDIC or NCUA/NCUSIF insured, not bank or credit union guaranteed, and may lose value.

Securities Distributed Through Wells Investment Securities, Inc. - Member FINRA / SIPC
Site Map Privacy Policy Disclaimer Terms of Use Business Continuity Plan
© 2008 Wells Real Estate Funds, Inc. All Rights Reserved. Wells Investment Securities, Inc. is a member FINRA/SIPC