Please read the disclosures before watching the video located at the bottom of the page.

Not for use in the states in which the Wells Timberland offering is not effective. Wells Timberland made its first and only acquisition, Mahrt Timberland, a collection of timberlands in Georgia and Alabama. Wells Timberland has a limited operating history and may not achieve the level of diversification described in the prospectus. NCREIF returns are a generally accepted benchmark for the nontraded Timberland asset class. The NCREIF index relates to Timberland investments that differ in important ways from the Wells Timberland investment. To learn about the details of this investment, please read the prospectus carefully. The risks include:

• Illiquidity. Not publicly traded; if shares can be sold, they may be worth less than what was paid for them.
• We may pay cash distributions from offering proceeds or borrowings, which may reduce amounts available to acquire properties.
• We have not paid any cash distributions to date to our stockholders as a result of restrictions resulting from our credit agreements. Once we are able to make cash distributions, our cash distributions are not guaranteed and may fluctuate.
• Regulatory, economic, and environmental changes that may impact real estate, forestry, and/or tax legislation.
• Conflicts of interest facing the Advisor and its affiliates. Dependence on the Advisor.
• Regardless of fund performance, considerable fees and expenses are paid to the Advisor, its affiliates, and broker/dealers.
• May not meet the offering’s stated investment objectives.
• Product not FDIC or NCUA/NCUSIF insured, not bank or credit union guaranteed, and may lose value.
• This investment is not suitable for all investors; see the prospectus for state suitability standards.