Login

WP Carey Proposes $4.6 Billion Merger of Hotel REITs

Combined Company Would Hold Nearly 40 Properties in Move to Increase Scale, Improve Operations
W.P. Carey's two merging REITs already jointly own the Ritz-Carlton Bacara in Santa Barbara, California. (CoStar)
W.P. Carey's two merging REITs already jointly own the Ritz-Carlton Bacara in Santa Barbara, California. (CoStar)
CoStar News
October 24, 2019 | 3:36 P.M.

Building on a U.S. commercial real estate trend it jump-started a year ago this month, W.P. Carey is overseeing another merger of two publicly offered but nontraded real estate investment trusts it manages.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE