On June 15, 2017, W. P. Carey Inc. announced that it would exit all non-traded retail fundraising activities carried out by its wholly-owned broker-dealer subsidiary, Carey Financial LLC, effective June 30, 2017. For more information, click here

Corporate Governance

CWI 1’s Code of Ethics
Carey Watermark Investors 1 Incorporated’s Code of Ethics sets forth the guiding principles by which we operate our company and conduct our daily business with our shareholders, customers, vendors and with each other. These principles apply to all of the directors and officers of CWI 1 (recognizing that the company does not have any employees) and all of its subsidiaries and its affiliates (referred to in this Code as the “Company”). Code of Ethics (PDF)

Whistle Blower Hotline
The Boards of Directors and senior management team of W. P. Carey Inc. and its affiliates appreciate your support and cooperation as we do our part to conduct business in accordance with the highest ethical and legal standards. W. P. Carey has selected EthicsPoint to provide you with simple, risk-free ways to anonymously and confidentially report actual or suspected activities that may involve criminal conduct or violations of its Code of Ethics. You may file a report on this site or contact EthicsPoint by dialing toll free 866-384-4277. HOTLINE

Audit Committee of the Board of Directors
The Audit Committee is appointed by the Board to assist the Board in monitoring (1) the integrity of the financial statements of the Company, (2) the compliance by the Company with legal and regulatory requirements and (3) the independence, qualifications and performance of the Company's internal audit function and independent auditors. Audit Committee of the Board of Directors Charter (PDF)

Manner of Shareholder Communication
The Board will give appropriate attention to written communications that are submitted by shareholders, and will respond if and as appropriate. Absent unusual circumstances or as contemplated by committee charters and subject to any required assistance or advice from legal counsel, Ms. Susan C. Hyde, Chief Marketing Officer, is primarily responsible for monitoring communications from shareholders and for providing copies or summaries of such communications to the directors as she considers appropriate.

Communications are forwarded to all directors or to a specifically addressed director if they relate to important substantive matters and include suggestions or comments that Ms. Hyde considers to be important to the directors to know. In general, communications relating to corporate governance and long-term corporate strategy are more likely to be forwarded than communications relating to ordinary business affairs, personal grievances and matters as to which we tend to receive repetitive or duplicative communications.

Shareholders who wish to send communications on any topic to the Board should address such communications to:

Carey Watermark Investors 1 Incorporated
c/o Susan C. Hyde, Chief Marketing Officer
W. P. Carey Inc.
50 Rockefeller Plaza
New York, NY 10020