Universal Technical Institute

July 2007

Price: $42.7 million

Fund: CPA^®:16 – Global

Financing: Growth Financing

Facility Type: Technical education facility

Location: Sacramento, CA

• UTI is a leading provider of post-secondary technical education for individuals seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians.
• Since 1993, W. P. Carey has invested more than $140 million through eight build-to-suit and sale-leaseback transactions in UTI’s real estate on behalf of various funds.
• Financing funded the construction of new schools and the overall expansion of UTI (NYSE: UTI) while enabling UTI to pay down debt and strengthen its balance sheet.