W. P. Carey has promoted Zachary Pasanen and Tyler Swann to serve as co-heads of North American investments, formalizing their leadership over the firm's regional deployment efforts. The company stated that, in their expanded positions, Pasanen and Swann will oversee the direction of W. P. Carey's North American investment activity, with responsibility for sourcing, underwriting and structuring transactions across the region.
The new co-heads will continue to focus on opportunities that align with W. P. Carey's established strategy in the net lease sector. That includes a particular emphasis on sale-leaseback and build-to-suit transactions with creditworthy corporate counterparties, anchored by long-term net leases. By concentrating on these structures, the North American investments team aims to maintain continuity in the company's approach to risk, credit quality and lease duration.
Pasanen and Swann will keep reporting to Gino Sabatini, W. P. Carey's head of investments, underscoring a leadership framework that pairs day-to-day platform oversight with senior executive guidance. The firm noted that the two executives are tasked with driving ongoing transaction volume in North America, leveraging their experience in evaluating credits, negotiating lease terms and structuring deals that fit within W. P. Carey's investment parameters.
Jason Fox, W. P. Carey's CEO, described Pasanen and Swann as highly respected figures within the net lease space, pointing to their detailed understanding of the company's strategy and their track record of execution across multiple market cycles. He credited their complementary skills, collaborative leadership style and industry relationships as important contributors to scaling the company's investment activity in North America. Fox added that the firm expects the pair to continue supporting W. P. Carey's long-term growth through their stewardship of the investment program.
Sabatini highlighted the depth of experience both executives bring to the expanded roles, noting that they joined W. P. Carey in 2011 and 2013, respectively. Over that time, they have been described as instrumental in building the strength and consistency of the company's North American investment platform. According to Sabatini, Pasanen and Swann have earned the confidence of colleagues and external partners, and their promotion is intended to reinforce the team's ability to pursue net lease transactions that align with W. P. Carey's strategic objectives.
The leadership change signals an emphasis on continuity in W. P. Carey's approach to net lease investing in North America, with a focus on credit discipline and long-term sale-leaseback and build-to-suit structures. By formalizing co-head roles for Pasanen and Swann, the firm is clarifying reporting lines and decision-making responsibilities around investment activity while maintaining its existing strategic focus.
