W.P. Carey's class act.W. P. Carey
Carey is the name of several places:
LLC - Logical Link Control has agreed to provide Corinthian Co·rin·thi·an adj. 1. Of or relating to ancient Corinth or its people or culture. 2. Architecture Of or relating to the Corinthian order. 3. Elegantly or elaborately ornate. 4. Colleges, Inc., a post-secondary education company, approximately $52 million to fund the construction of two new student housing facilities. A 156-apartment facility in Laramie Laramie (lâr`əmē), city (1990 pop. 26,687), seat of Albany co., SE Wyo., on the Laramie River; inc. 1874. It is a commercial, railroad, and industrial center for a livestock and timber region. , WY will accommodate 624 students and a 164-apartment facility in Blairsville Blairsville is either:
W. P. Carey acquired the facility on behalf of its affiliated income generating real estate fund Corporate Property Associates 16--Global. Corinthian Colleges will lease the properties under two separate 20-year leases with four, ten-year renewal options. CRESA Partners represented Corinthian Colleges, Inc. in structuring the sale-leaseback transactions. In addition, CRESA Partners provided the outsourced real estate services for Corinthian. Anne Coolidge Taylor, a managing director at W. P. Carey, said, "This financing offers an excellent example of how the sale-leaseback can be used to expand a company's business. As a result of this transaction, Corinthian will be able to offer its tudents additional living accommodations, which will help attract students from around the globe." |
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