{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-037435","form_type":"8-K/A","ticker":"WPC","cik":"0001025378","company_name":"W. P. Carey Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.931097+00:00","generated_at":"2026-06-08T12:54:54.470866+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"W.P. Carey subsidiaries enter advisory agreements with NLOP; $625K monthly fee, $7.5M annual cap","bullets":["Management fee of $625,000 per month, reduced proportionally after property sales, capped at $7.5M per fiscal year.","Administrative reimbursement of $333,333 per month plus out-of-pocket expenses for services to NLOP.","3-year initial term, auto-renewing annually; termination fee equals 0.5x trailing 12-month fees for convenience/good reason.","Agreements cover strategic management, asset management, and property disposition support for NLOP's office properties."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-037435","json":"https://secwatch.observer/filing/0001628280-23-037435.json","markdown":"https://secwatch.observer/filing/0001628280-23-037435.md","text":"https://secwatch.observer/filing/0001628280-23-037435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023037435/0001628280-23-037435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023037435/wpc-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T12:54:54.470866+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de5b6362318dd374a791edb5cf2e867ba40e9207","claim":"W. P. Carey Inc. entered into U.S. Advisory Agreement with NLOP and the U.S. Advisor (effective 2023-11-01).","evidence_excerpt":"Advisory Agreements On November 1, 2023, (i) NLOP and the U.S. Advisor entered into the U.S. Advisory Agreement; and (ii) NLOP and W.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023037435/0001628280-23-037435-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"NLOP and the U.S. Advisor"},{"label":"Effective","value":"2023-11-01"}],"fact_type":"material_agreement"},{"claim_id":"e7c5eb3adbb94b8602c6f2fc96e62bb1aa324068","claim":"W. P. Carey Inc. entered into European Advisory Agreement with NLOP and W. P. Carey & Co. B.V. (effective 2023-11-01).","evidence_excerpt":"(ii) NLOP and W. P. Carey & Co. B.V., a wholly-owned subsidiary of the Company (the “European Advisor” and, together with the U.S. Advisor, the “Advisors”), entered into an advisory agreement (the “European Advisory Agreement”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1025378/000162828023037435/0001628280-23-037435-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"NLOP and W. P. Carey & Co. B.V."},{"label":"Effective","value":"2023-11-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}