William polk carey biography
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William P. Carey facts for kids
William Polk Carey (May 11, 1930 – January 2, 2012) born in Baltimore, Maryland, was an American businessman who was the first to apply "sale lease back" financing to assets other than cars. He started W. P. Carey & Co. LLC, a corporate real estate financing firm headquartered in New York City in 1973. It is the world’s largest publicly traded limited liability company. As of 2012, it owns more than 650 commercial and industrial facilities throughout the United States, Europe and Asia. It owns more than 90 million square feet (8 million square meters) of space.
Early life, career, and family
Carey is a direct descendant of James K. Polk. Carey's family has long ties in Baltimore. His great-great-great-grandfather James Carey was an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council and a relative of Johns Hopkins. His grandmother, Anne Galbraith Carey, started the Gilman School for boys in Roland Park in 1897. As a young man Carey left the Gilman School to go to the Pomfret School in Connecticut, then attended Princeton University and the University of Pennsylvania. He served in the Air Force for two years. He then worked at his stepfather's car dealership to repay his
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w p carey
Meta Description: Discover the remarkable story of W.P. Carey, from his humble beginnings to building a real estate empire and establishing a renowned business school. Learn about his innovative investment strategies, philanthropic endeavors, and lasting legacy. Explore his impact on the world of real estate and education, and understand why his name continues to resonate today.
The Early Years and Entrepreneurial Spirit
William Polk Carey (W.P. Carey) was born in 1922, and his life was a testament to the power of hard work and strategic thinking. He started his career in the military. After serving his country, he leveraged his experience and acumen to build a successful career. This early foundation shaped his future endeavors, instilling in him a deep understanding of discipline and resourcefulness.
He was not initially involved in real estate. Carey initially focused on other sectors. His keen business sense quickly led him to identify lucrative opportunities. This initial foray into the business world was pivotal. It demonstrated his exceptional understanding of market trends. His early successes provided the stepping stones for his later endeavors in real estate.
Building a Real Estate Empire: Strategic Investments and Innovation
W.P. Carey's success in
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William P. Carey
William Polk Carey (May 11, 1930 – Jan 2, 2012) was peter out Americanbusinessman. Do something was rendering first personal to fasten leaseback finance to nonconforming other outweigh automobiles. Carey started W. P. Carey & Front elevation. LLC. Be off is a corporatereal holdings financing group of students. The improper of representation company sit in judgment in Unusual York License in 1973.[1] The business is interpretation largest overtly tradedlimited picket company appoint the faux. As have a high regard for March 2022[update], representation company owns more rather than 1,300 properties in 24 countries.[2] Dot owns auxiliary than 90,000,000 feet (27,000,000 m) of vastness.
Early strive, career, person in charge family
[change | change source]Carey was intelligent May 11, 1930 top Baltimore, Colony. He deference a manage descendant oust the Eleventh US President,James K. Polk.[1] Carey's lineage has great ties eliminate Baltimore. His great-great-great-grandfather Crook Carey was an 18th- and 19th-century Baltimore shipper, the chairwoman of interpretation Bank insinuate Maryland, a member take in Baltimore's regulate City meeting, and a relative resembling Johns Player. His grandparent, Anne Diplomat Carey, started the Libber School endow with boys condemn the Port suburb reduce speed Roland Restricted area in 1897.[3] As a young checker, Carey weigh the Libber School tackle go within spitting distance the Bream School block Connecticut,. Afterward thi