W. P. Carey & Co., Inc. is founded by Wm. Polk Carey, who recognizes the inherent value of diversified net lease investment partnerships for individual investors seeking steady income and capital preservation.
CPA® series of investment programs begin. W. P. Carey institutes Independent Investment Committee led by Equitable Life Assurance Executive, George Stoddard to review all transactions.
W. P. Carey Director, Dr. Lawrence Klein, wins the Nobel Prize in Economics.
W. P. Carey provides William E. Simon with funding for Gibson Greetings LBO.
Mr. Carey settles from his personal checking account certain 20-year old debts to 90 Colorado sugar beet farmers in southeasten Colorado and western Kansas resulting from the bankruptcy of National Sugar Manufacturing Company, in which Mr. Carey’s family held stock for 60 years.
W. P. Carey launches first non-traded REIT, CPA®:10.
CPA®:11 (CIP®) is launched. Investors see the bottom of a national real estate cycle; CPA® vacancy rate is less than 1%.
W. P. Carey surpasses $1 billion in assets under management.
W. P. Carey expands its global footprint with its first European investment. Carey Diversified LLC created from CPA®:1 - 9, begins trading on the NYSE (NYSE: CDC). Carey Group assets under management surpass $2 billion.
W. P. Carey opens its London office.
W. P. Carey & Co. LLC (NYSE: WPC) is created from the merger of Carey Diversified LLC and W. P. Carey & Co. Inc.
W. P. Carey completes a record $1 billion in sale-leaseback transactions.
W. P. Carey celebrates its 30th anniversary and surpasses $5 billion in assets under management.The W. P. Carey Foundation endows the W. P. Carey School of Business at Arizona State University.
The W. P. Carey Foundation donates $50 million to Johns Hopkins University to establish the Carey Business School.
W. P. Carey launches CPA®:17 – Global, its 16th offering.
W. P. Carey opens its European Asset Management Office in Amsterdam.
The W. P. Carey Group makes headlines by providing $225 million of sale-leaseback financing to The New York Times Company through the acquisition of approximately 750,000 rentable square feet of its iconic, New York headquarters building.
Carey Watermark Investors (CWI), W. P. Carey’s lodging-focused REIT, launches. CPA®:17 - Global hits $1 billion fundraising mark.
The W. P. Carey Foundation donates $30 million to the University of Maryland School of Law to establish the Francis King Carey School of Law.
W. P. Carey mourns the loss of its Founder, Wm. Polk Carey, who passes away at the age of 81. W. P. Carey merges with CPA®:15 and becomes a publicly traded REIT (NYSE: WPC).
W. P. Carey celebrates its 40th year anniversary.
W. P. Carey completes merger with Corporate Property Associates 16 – Global.W. P. Carey celebrates its 41st anniversary by remembering its history and reflecting on its accomplishments.
W. P. Carey launches its 19th Investment Program, Carey Watermark Investors 2.
W. P. Carey and its managed REITs surpass $10 billion of real estate investments over the past 5 years.