Purchase Your BlueVault Research SubscriptionW. P. Carey Inc.
W. P. Carey Inc. (NYSE: WPC) is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At September 30, 2016, the Company had an enterprise value of approximately $11 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded publicly registered investment programs with assets under management of approximately $12.2 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades.
About Investment Manager
Founded: 1973
Management Team:
Sponsored Offering(s):
(See tables below)
REITs
Carey Institutional Properties Inc.
Carey Watermark Investors Incorporated
Corporate Property Associates 10, Inc.
Corporate Property Associates 12, Inc.
Corporate Property Associates 14, Inc.
Corporate Property Associates 15, Inc.
Corporate Property Associates 16 – Global Inc.
Corporate Property Associates 17 – Global Inc.
Corporate Property Associates 18 – Global Inc.
Watermark Lodging Trust, Inc. (formerly Carey Watermark Investors 2 Incorporated)
BDCs
Guggenheim Credit Income Fund (formerly Carey Credit Income Fund)
Contact Information
New York
W. P. Carey Inc.
50 Rockefeller Plaza
New York, NY 10020
Phone
1-800-972-2739 (1-800-WPCAREY)
212-492-1100
Snapshot
AUM*
$10.8 Billion
Total Equity Raised**
$9.9 Billion
Number of Liquidity Events***
7
* Total assets for all active alternative investments at most recent quarter end, excluding full-cycle programs.
** During offering periods, including DRIP proceeds, for all offerings.
*** As defined by Blue Vault where total liquidity has been achieved for common stock.
Links
Corporate Property Associates 18 – Global Announces $8.55 Estimated NAV
W.P. Carey Inc. Reports 2020 Third Quarter Results
Corporate Property Associates 17 – Global Incorporated Completes Merger with W.P. Carey
Nontraded REITs
Watermark Lodging Trust, Inc.
2/9/15
7/31/17
Hospitality
Maturing
$879.0M
$3,418.6M
32
6/30/20
Suspended
On April 9, 2020, Carey Watermark Investors 1 Incorporated (“CWI 1”) and Carey Watermark Investors 2 Incorporated (“CWI 2”) announced that the stockholders of each company approved the proposed merger of the two companies. CWI 2 will be the surviving entity in the merger and will be renamed Watermark Lodging Trust (“WLT”).
5/7/13
4/2/15
Diversified
Maturing
$1,271.7M
$2,173.8M
129
6/30/20
SRP/Tender
9/15/10
12/31/14
Hospitality
Full-Cycle*
$1,188.4M
$2,211.5M
Not applicable
Not applicable
Not applicable
On April 9, 2020, Carey Watermark Investors 1 Incorporated (“CWI 1”) and Carey Watermark Investors 2 Incorporated (“CWI 2”) announced that the stockholders of each company approved the proposed merger of the two companies. CWI 2 will be the surviving entity in the merger and will be renamed Watermark Lodging Trust (“WLT”). CWI 1 did not file a 10-k for 2019. This is not considered a full-cycle event as shareholders have not received full liquidity. When WLT has a full-cycle event, CW1 will also be classified as full-cycle.
11/2/07
1/31/13
Diversified
Full-cycle
$3,074.9M
$4,470.2M
Not applicable
Not applicable
Full-cycle (10-31-18)
Corporate Property Associates 16 - Global Inc.
12/24/03
12/28/06
Diversified
Full-Cycle
$1,103.4M
$2,376.9M
Not applicable
Not applicable
Full-Cycle (1/31/14)
To view more details about this offering, including the total return, please click here. (subscribers only)
Corporate Property Associates 15, Inc.
11/7/01
8/7/03
Diversified
Full-Cycle
$1,046.5M
$2,469.9M
Not applicable
Not applicable
Full-Cycle (9/28/12)
To view more details about this offering, including the total return, please click here. (subscribers only)
Corporate Property Associates 14, Inc.
11/10/97
1/9/02
Diversified
Full-Cycle
$657.9M
$1,160.5M
Not applicable
Not applicable
Full-Cycle (5/2/11)
To view more details about this offering, including the total return, please click here. (subscribers only)
Corporate Property Associates 12, Inc.
2/18/94
9/18/97
Diversified
Full-Cycle
$292.9M
$349.1M
Not applicable
Not applicable
Full-Cycle (12/1/06)
To view more details about this offering, including the total return, please click here. (subscribers only)
Carey Institutional Properties Inc.
8/19/91
2/6/92
Diversified
Full-Cycle
$141.7M
$342.3M
Not applicable
Not applicable
Full-Cycle (8/25/04)
W. P. Carey raised $74.4 million from institutional sales in addition to the $141.7 million from Broker Dealers.
To view more details about this offering, including the total return, please click here. (subscribers only)
Corporate Property Associates 10, Inc.
6/20/90
7/17/91
Diversified
Full-Cycle
$72.1M
$206.8M
Not applicable
Not applicable
Full-Cycle (8/25/04)
To view more details about this offering, including the total return, please click here. (subscribers only)
Nontraded BDCs
Guggenheim Credit Income Fund
7/24/15
12/31/20
Open
Private Debt
Diversified
$223.0M
$340.5M
3/31/20
SRP/Tender
