Search
 

Carey, Campbell, Robert: Industry Legends Pass

NEW YORK CITY—The industry has lost three iconic figures—all company founders—in a span of little more than three weeks, most recently with the passing of Wm. Polk Carey, chairman of locally based W.P. Carey & Co. LLC and the W.P. Carey Foundation. The sale-leaseback pioneer died Jan. 2 in West Palm Beach, FL at age 81.

By With reporting by Carl Gaines, Natalie Dolce and Miriam Lamey | Updated on December 21, 2012

NEW YORK CITY—The industry has lost three iconic figures—all company founders—in a span of little more than three weeks, most recently with the passing of Wm. Polk Carey, chairman of locally based W.P. Carey & Co. LLC and the W.P. Carey Foundation. The sale-leaseback pioneer died Jan. 2 in West Palm Beach, FL at age 81.

Having founded the investment firm that bears his name in 1973, Carey launched the Corporate Property Associates program in 1979 with the idea of creating investment products that could perform well in both up markets and troughs. The firm’s current series of non-traded REITs have combined assets valued at approximately $9.2 billion.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.