The Bank of New York has been appointed by Wells Real Estate Funds to provide customised client accounting and back-office transfer agency services. Investors and their financial representatives will continue to communicate directly through Wells.
“The Bank of New York delivers best-in-class agency services for leading direct investment sponsors,” say Gary Nazare, the managing director and head of The Bank of New York’s Stock Transfer and Investment Plan Division. “This appointment allows us to leverage state-of-the-art technology with processing expertise to provide Wells Real Estate Funds with a premier agency solution.”