NEW YORK, NY – November 8, 2000 – W. P Carey & Co. LLC (NYSE: WPC), a leading real estate investment banking firm and lessor of net leased corporate properties, today announced the appointment of Yasmin Guerrero as Vice President.
Ms. Guerrero joined W. P. Carey & Co. as a Staff Accountant in June of 1988 after graduating from Pace University, where she received a B.B.A. in Public Accounting. She was elected Second Vice President in April 1998 and most recently Vice President in April 2000.
Commenting on Ms. Guerrero's promotion, Wm. Polk Carey, Chairman of W. P. Carey, stated, "Yasmin is a valuable member of W. P. Carey's Accounting Department. Her promotion to the position of Vice President is a tribute to her contribution to the growth of the firm."
Founded in 1973, W. P. Carey & Co. specializes in corporate real estate financing using the corporate net lease, or sale-leaseback structure. The firm and its affiliates is one of the largest lessors of net leased corporate real estate in the nation. W. P. Carey & Co. LLC (NYSE: WPC), the largest publicly traded Limited Liability Company in the world, owns and manages over 38 million square feet of property in the USA and Europe. Additional information about W. P. Carey can be found on the company's Web site: www.wpcarey.com
This press release contains forward-looking statements within the meaning of the Federal securities laws. A number of factors could cause the company's actual results, performance or achievement to differ materially from those anticipated. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for office and industrial properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or that costs may be greater than anticipated. For further information on factors that could impact the company, reference is made to the company's filings with the Securities and Exchange Commission.