CIP® was liquidated on September 1, 2004. Investors received their choice of shares of CPA®:15 and/or cash. Over its life, CIP® provided investors with an average annual dividend of 8.17% and then, at liquidation, a total of $13.90 for each original $10.00 share.
CIP® was the eleventh fund offered by W. P. Carey. We are proud of having taken our first eleven funds full-cycle and providing a profitable result to all 36,000 investors.
You can read more about the happy conclusion of CIP® in the following press release.
To learn more about CPA®:15, please visit www.cpa15.com.