Carey Watermark Investors 2 Declares $10.53 NAV, Adjusts Share Prices

March 23, 2016

Mar 22 2016 | by DI Wire

Carey Watermark Investors 2 Inc., a publicly registered non-traded real estate investment trust sponsored by WP Carey (NYSE: WPC), announced that its board of directors determined an estimated per share value of $10.53 for the company’s common stock, as of December 31, 2015.

The NAV was calculated by Carey Lodging Advisors, the REIT’s advisor, relying partially on a portfolio appraisal by PKF Consulting USA | CBRE Hotels and mortgage debt valuation estimates by Robert A. Stanger & Co.

Based on the new NAV, Carey Watermark Investors 2 adjusted the offering prices of its Class A, Class T shares, and DRIP shares.

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Ramón A. Rivera-Ramos
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September 1, 2016

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