Carey Watermark Investors 2 Incorporated (“CWI 2”) is a publicly owned, non-traded real estate investment trust (“REIT”) that, together with its consolidated subsidiaries, invests in, manages and seeks to enhance the value of, interests in lodging and lodging-related properties in the United States. As a REIT, we are not subject to U.S. federal income taxation as long as we satisfy certain requirements, principally relating to the nature of our income, the level of our distributions to our stockholders and other factors. We conduct substantially all of our investment activities and own all of our assets through CWI 2 OP, LP, a Delaware limited partnership (the “Operating Partnership”). We are a general partner and a limited partner of, and own a 99.985% capital interest in, the Operating Partnership. Carey Watermark Holdings 2, LLC (“Carey Watermark Holdings 2”), which is owned indirectly by W. P. Carey Inc. (“WPC”), holds a special general partner interest of 0.015% in the Operating Partnership. In order to qualify as a REIT, we cannot operate hotels directly; therefore, we lease our hotels to our wholly-owned taxable REIT subsidiaries (“TRSs” and collectively the “TRS lessees”). At December 31, 2019, we held ownership interests in 12 hotels, with a total of 4,420 rooms.
Company profile
Ticker
WRMK
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Carey Watermark Investors 2 Inc
SEC CIK
Corporate docs
Subsidiaries
Arlington 2 Hotel Operator, LLC • Atlanta Midtown Hotel Operator, Inc. • Atlanta Peachtree 2 Hotel Mezzanine Operator, LLC • Atlanta Peachtree 2 Hotel Operator, LLC • Austin Capitol Hotel Operator, Inc. • Austin CBD Hotel Operator, Inc. • Bellevue 2 Hotel Operator, Inc. • Charlotte 2 Hotel Operator, LLC • Chelsea Hotel Operator, Inc. • Chicago Hotel Operator, Inc. ...
IRS number
465765413
Latest filings (excl ownership)
15-12G
Securities registration termination
21 Oct 22
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
20 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Oct 22
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Oct 22
8-K
Watermark Lodging Trust Announces Stockholder Approval of Acquisition by Brookfield
12 Sep 22
DEFA14A
Additional proxy soliciting materials
2 Sep 22
DEFA14A
Additional proxy soliciting materials
25 Aug 22
DEFA14A
Additional proxy soliciting materials
17 Aug 22
DEFA14A
Additional proxy soliciting materials
11 Aug 22
10-Q
2022 Q2
Quarterly report
11 Aug 22
Latest ownership filings
Financial summary
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Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Institutional ownership, Q2 2022
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 2 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 30.00 k |
Total shares | 20.54 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Meeder Asset Management | 19.79 k | $25.00 k |
First Command Advisory Services | 748.00 | $5.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Oct 22 | Medzigian Michael G | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 6.768 | 1,620,347.903 | 10.97 mm | 0 |
21 Oct 22 | Medzigian Michael G | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 6.768 | 268,864.762 | 1.82 mm | 0 |
21 Oct 22 | Medzigian Michael G | Class A Common Stock | Grant | Acquire A | Yes | No | 0 | 417,329.093 | 0.00 | 1,620,347.903 |
21 Oct 22 | Medzigian Michael G | Class A Common Stock | Grant | Acquire A | Yes | No | 0 | 120,992 | 0.00 | 1,203,018.81 |
21 Oct 22 | Medzigian Michael G | Class A Common Stock | Grant | Acquire A | Yes | No | 0 | 65,731.814 | 0.00 | 1,082,026.81 |
21 Oct 22 | Medzigian Michael G | OP Units Class A Common Stock | Sale back to company | Dispose D | Yes | No | 6.768 | 2,417,996 | 16.36 mm | 0 |
21 Oct 22 | Brendan Medzigian | Class A Common Stock | Sale back to company | Dispose D | No | No | 6.768 | 137,703.081 | 931.97 k | 0 |
21 Oct 22 | Samuel Zinsmaster | Class A Common Stock | Sale back to company | Dispose D | No | No | 6.768 | 167,479.511 | 1.13 mm | 0 |
21 Oct 22 | Matthew W Miller | Class A Common Stock | Sale back to company | Dispose D | No | No | 6.768 | 38,300.314 | 259.22 k | 0 |
21 Oct 22 | Parsons Robert E JR | Class A Common Stock | Sale back to company | Dispose D | No | No | 6.768 | 90,914.223 | 615.31 k | 0 |