Wells postpones new nontraded REIT products

01/23/2013 | Financial Advisor online

Wells Real Estate Funds has suspended the sale of new nontraded real estate investment trust offerings because of a "lack of clarity" from the Financial Industry Regulatory Authority on REIT regulation. "We have decided to postpone new product registration pending greater regulatory clarity," according to the firm.

View Full Article in:

Financial Advisor online

Published in Brief: