secwatch / observer

W. P. Carey Inc. — fact timeline

Source-grounded facts extracted from W. P. Carey Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WPC W. P. Carey Inc. JSON
Shareholder Votes

W. P. Carey Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-11 meeting.

“Proposal Four . The ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. FOR AGAINST ABSTAIN BROKER NON-VOTES 172,777,010 12,710,399 511,537 0”
Shareholder Votes

W. P. Carey Inc. shareholders approved Approval, on a non-binding, advisory basis, of the frequency of the Company’s executive compensation vote. at the 2026-06-11 meeting.

“Proposal Three . The approval, on a non-binding, advisory basis, of the frequency of the Company’s executive compensation vote. 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTES 148,581,678 323,189 4,398,511 2,089,067 30,606,501”
Shareholder Votes

W. P. Carey Inc. shareholders approved Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. at the 2026-06-11 meeting.

“Proposal Two . The approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. FOR AGAINST ABSTAIN BROKER NON-VOTES 143,555,213 9,541,402 2,295,830 30,606,501”
Shareholder Votes

W. P. Carey Inc. shareholders approved Election of nine nominees to the Board of Directors at the 2026-06-11 meeting.

“Proposal One. The election of the nine nominees listed in the Company’s Proxy Statement and set forth below to the Board of Directors of the Company, each to serve until the next annual meeting of stockholders. NAME OF NOMINEE FOR AGAINST ABSTAIN BROKER NON-VOTES Constantin H. Beier 151,875,388 1,859,158 1,657,899 30,606,501 Tonit M. Calaway 141,244,004 12,488,567 1,659,874 30,606,501 Peter J. Farrell 149,449,276 4,284,510 1,658,659 30,606,501 Robert J. Flanagan 152,454,277 1,280,032 1,658,136 30,606,501 Jason E. Fox 149,459,242 4,267,139 1,666,064 30,606,501 Rhonda O. Gass 152,093,256 1,642,920 1,656,269 30,606,501 Margaret G. Lewis 147,798,053 5,902,066 1,692,326 30,606,501 Christopher J. Niehaus 150,497,851 3,235,040 1,659,554 30,606,501 Elisabeth T. Stheeman 152,854,000 877,461 1,660,984 30,606,501”
Earnings Releases

W. P. Carey Inc. reported the first quarter ended March 31, 2026 results: revenue $454.5 million, net income $176.3 million, EPS $0.80. Guidance raised.

“of that growth will drive long‐term shareholder value.” QUARTERLY FINANCIAL RESULTS Revenues • Revenues, including reimbursable costs, for the 2026 first quarter totaled $454.5 million, up 10.9% from $409.9 million for the 2025 first quarter. ◦ Lease revenues increased due primarily to net investment activity and rent escalations. ◦ Income from finance leases”
Material Agreements

W. P. Carey Inc. entered into Thirteenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at €1.0 billion (effective 2026-02-24).

“On February 24, 2026, W. P. Carey Inc. (the “ Company ”) consummated the public offering (the “ Offering ”) of €1.0 billion in aggregate principal amount of senior unsecured notes (the “ Senior Notes ”)”
Material Agreements

W. P. Carey Inc. entered into Forward Sale Agreements with Bank of America, N.A. and JPMorgan Chase Bank, National Association (effective 2026-02-17).

“In connection with the Offering, the Company also entered into certain forward sale agreements (the “Forward Sale Agreements”) with the Forward Purchasers.”
Material Agreements

W. P. Carey Inc. entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, Bank of America, N.A., and JPMorgan Chase Bank, National Association valued at $432 million (effective 2026-02-17).

“On February 17, 2026, W. P. Carey Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC as underwriters (collectively, the “Underwriters”), BofA Securities, Inc. and J.P. Morgan Securities LLC (in such capacities, the “Forward Sellers”) and Bank of America, N.A. and JPMorgan Chase Bank, National Association (in such capacities, the “Forward Purchasers”) in connection with an underwritten public offering (the “Offering”) of 6,000,000 shares (the “Shares”) of the Company’s common stock, $0.001 par value per share (the “Common Stock”), at a price per share to the Underwriters of $71.38 (the “Purchase Price”).”
Material Agreements

W. P. Carey Inc. entered into Underwriting Agreement with J.P. Morgan Securities plc, Barclays Bank PLC, BNP PARIBAS and Wells Fargo Securities International Limited as representatives of the several underwriters valued at €1.0 billion (effective 2026-02-12).

“On February 12, 2026, W. P. Carey Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with J.P. Morgan Securities plc, Barclays Bank PLC, BNP PARIBAS and Wells Fargo Securities International Limited as representatives of the several underwriters listed in Schedule 1 to the Underwriting Agreement (collectively, the “ Underwriters ”), in connection with the public offering (the “ Offering ”) of €1.0 billion in aggregate principal amount of senior unsecured notes”
Debt Financings

W. P. Carey Inc. amended credit facility with JPMorgan Chase Bank, N.A. at EURIBOR plus an applicable margin ranging from 0.700% to 1.650% maturing April 24, 2029.

“(ii) add a lower pricing level to the pricing grid for all loans under the Facilities in the event that the Company attains an A/A2 unsecured debt rating, which in the case of the Euro Tranche 2 Term Loan now results in an interest rate equal to EURIBOR plus an applicable margin ranging from 0.700% to 1.650%, depending on the adjustments provided for in the Existing Credit Facility (currently 0.800%), and (iii) remove both the incremental ten (10) basis point credit spread adjustment applicable to US dollar borrowings under the Facilities that utilize a SOFR-based interest rate as well as the incremental spread adjustments of approximately 30 basis points applicable to certain Canadian dollar borrowings under the Facilities that utilize a CORRA-based interest rate.”

Jason Fox changed role as President and Chief Executive Officer at W. P. Carey Inc..

“the title will be assumed by Jason Fox, the Company’s Chief Executive Officer, effective October 1, 2024.”

John J. Park departed as President at W. P. Carey Inc..

“John J. Park will step down as President of the Company effective September 30, 2024.”
Material Agreements

W. P. Carey Inc. entered into Ninth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at €650 million (effective 2024-05-16).

“On May 16, 2024, W. P. Carey Inc. (the “ Company ”) consummated the public offering (the “ Offering ”) of €650 million aggregate principal amount of 4.250% Senior Notes due 2032 (the “ Senior Notes ”).”
Material Agreements

W. P. Carey Inc. entered into Underwriting Agreement with Merrill Lynch International, Barclays Bank PLC, RBC Europe Limited, Wells Fargo Securities International Limited valued at €650 million aggregate principal amount of 4.250% Senior Notes due 2032 (effective 2024-05-07).

“On May 7, 2024, W. P. Carey Inc. (the “ Company ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Merrill Lynch International, Barclays Bank PLC, RBC Europe Limited and Wells Fargo Securities International Limited as representatives of the several underwriters listed in Schedule 1 to the Underwriting Agreement (collectively, the “ Underwriters ”), in connection with the public offering (the “ Offering ”) of €650 million aggregate principal amount of 4.250% Senior Notes due 2032 (the “ Senior Notes ”), issued by the Company.”
Earnings Releases

W. P. Carey Inc. reported the first quarter ended March 31, 2024 results: revenue $389.8 million, net income $159.2 million, EPS $0.72. Guidance reaffirmed.

“conformed prior period segment information to reflect how it currently views its business. Revenues • Revenues, including reimbursable costs, for the 2024 first quarter totaled $389.8 million, down 8.9% from $427.8 million for the 2023 first quarter. ◦ Lease revenues decreased primarily as a result of (i) executing the Company’s strategic plan to exit the office”

Rhonda O. Gass was elected as Director at W. P. Carey Inc..

“Effective as of March 14, 2024, Rhonda O. Gass, age 60, was elected to the Board of Directors of W. P. Carey Inc.”
Earnings Releases

W. P. Carey Inc. reported 2024 results: EPS 2024 AFFO guidance range narrowed to between $4.65 and $4.75 per diluted share. Guidance reaffirmed.

“2024 AFFO guidance range narrowed to between $4.65 and $4.75 per diluted share, based on anticipated full year investment volume of between $1.5 billion and $2.0 billion”
Earnings Releases

W. P. Carey Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue Total Company: Revenues, including reimbursable costs, for the 2023 fourth quarter totaled $412.4 million, net income Net income attributable to W. P. Carey for the 2023 fourth quarter was $144.3 million; Full year net income $708.3 milli, EPS Diluted earnings per share $0.66 (fourth quarter); $3.28 (full year). Guidance reaffirmed.

“On February 9, 2024 , W. P. Carey Inc. (the “ Company ”) issued an earnings release announcing its financial results for the quarter ended December 31, 2023.”
Material Agreements

W. P. Carey Inc. entered into European Advisory Agreement with NLOP and W. P. Carey & Co. B.V. (effective 2023-11-01).

“(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””
Material Agreements

W. P. Carey Inc. entered into U.S. Advisory Agreement with NLOP and the U.S. Advisor (effective 2023-11-01).

“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.”
Earnings Releases

W. P. Carey Inc. reported the third quarter ended September 30, 2023 results: revenue $448.6 million, net income $125.0 million, EPS $0.58. Guidance lowered.

“market conditions to remain challenging.” QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2023 third quarter totaled $448.6 million, up 16.9% from $383.6 million for the 2022 third quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2023 third quarter were $448.3 million, up”
Material Agreements

W. P. Carey Inc. entered into Separation and Distribution Agreement with Net Lease Office Properties valued at Contributed certain office properties to NLOP; included mutual release and indemnification covenants (effective 2023-10-31).

“The Separation and Distribution Agreement, dated October 31, 2023, by and between the Company and NLOP (the “ Separation and Distribution Agreement ”) set forth the various individual transactions to be consummated that comprised the Separation and the Distribution, including the assets transferred to and liabilities assumed by NLOP and its subsidiaries following the Distribution, including the transfer of the Office Properties by the Company to NLOP and the transfer by NLOP to the Company of approximately $382.4 million from borrowings under the NLOP Financing Arrangements (as defined below).”

Jean Hoysradt resigned as Director at W. P. Carey Inc..

“Jean Hoysradt notified the board of directors of the Company (the “ WPC Board ”) on October 31,2023 of her decision to resign as a member of the WPC Board, effective as of November 1, 2023”
Debt Financings

W. P. Carey Inc. incurred loan of $120.0 million with JPMorgan Chase Bank, N.A. at 14.5%, 10% current pay, 4.5% PIK maturing approximately five years after the date on which the NLOP Mezzanine Loan Agreement is funded.

“mortgage loan (the “ NLOP Mortgage Loan ”) with JPMorgan Chase Bank. N.A., together with its successors and/or permitted assigns (collectively, the “ Lenders ”) and (ii) a $120.0 million mezzanine loan facility with the Lenders (the “ NLOP Mezzanine Loan ” and, together with the NLOP Mortgage Loan, the “ NLOP Financing Arrangements ”). No borrowings under the”
Earnings Releases

W. P. Carey Inc. reported the second quarter ended June 30, 2023 results: revenue $452.6 million, net income $144.6 million, EPS $0.67.

“Carey Inc. 6/30/2023 Earnings Release 8-K – 1 QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2023 second quarter totaled $452.6 million, up 31.4% from $344.4 million for the 2022 second quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2023 second quarter were $452.2 million, up”
Shareholder Votes

W. P. Carey Inc. shareholders approved Ratification of the appointment of PriceWaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-06-15 meeting.

“The ratification of the appointment of PriceWaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes

W. P. Carey Inc. shareholders approved Approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers at the 2023-06-15 meeting.

“The approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers.”
Shareholder Votes

W. P. Carey Inc. shareholders approved Election of the eleven nominees listed in the Company's Proxy Statement to the Board of Directors at the 2023-06-15 meeting.

“The election of the eleven nominees listed in the Company's Proxy Statement and set forth below to the Board of Directors of the Company, each to serve until the next annual meeting of stockholders.”
Earnings Releases

W. P. Carey Inc. reported the quarter ended March 31, 2023 results: revenue $427.8 million, net income $294.4 million, EPS $1.39. Guidance reaffirmed.

“P. Carey Inc. 3/31/2023 Earnings Release 8-K – 1 QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2023 first quarter totaled $427.8 million, up 22.8% from $348.4 million for the 2022 first quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2023 first quarter were $427.4 million, up”
Earnings Releases

W. P. Carey Inc. reported the full year ended December 31, 2022 results: revenue $1.48 billion, net income $599.1 million, EPS $2.99. Guidance initiated.

“to shareholders of record as of December 30, 2022. FULL YEAR FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2022 full year totaled $1.48 billion, up 11.1% from $1.33 billion for the 2021 full year. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2022 full year totaled $1.47 billion, up 11.9%”
Earnings Releases

W. P. Carey Inc. reported the fourth quarter ended December 31, 2022 results: revenue $402.6 million, net income $209.5 million, EPS $1.00. Guidance initiated.

“ensures we’re well-positioned to execute.” QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2022 fourth quarter totaled $402.6 million, up 7.4% from $374.9 million for the 2021 fourth quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2022 fourth quarter were $402.1 million, up”

Elisabeth Stheeman was elected as Director at W. P. Carey Inc..

“Effective as of December 8, 2022, Elisabeth Stheeman, age 58, was elected to the Board of Directors of W. P. Carey Inc.”
Earnings Releases

W. P. Carey Inc. reported the third quarter ended September 30, 2022 results: revenue $383.6 million, net income $104.9 million, EPS $0.51 per diluted share. Guidance raised.

“and to continue seeing the benefits into 2024.” QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2022 third quarter totaled $383.6 million, up 17.7% from $325.8 million for the 2021 third quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2022 third quarter were $382.1 million, up”

Arjun Mahalingam departed as Chief Accounting Officer at W. P. Carey Inc..

“Mr. Arjun Mahalingam, who is resigning from his position as Chief Accounting Officer of the Company as of November 4, 2022 to pursue a new opportunity.”

Brian Zander was appointed as Chief Accounting Officer at W. P. Carey Inc..

“announced the appointment of Mr. Brian Zander as Chief Accounting Officer of the Company, effective November 5, 2022”

Constantin H. Beier was elected as Director at W. P. Carey Inc..

“Effective as of March 10, 2022, Constantin H. Beier, age 50, was elected to the Board of Directors of W. P. Carey Inc.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.