1041326--3/26/2007--CORPORATE_PROPERTY_ASSOCIATES_14

related topics

{investment, property, distribution}

{tax, income, asset}

{loss, insurance, financial}

{stock, price, share}

{interest, director, officer}

{provision, law, control}

{operation, international, foreign}

{personnel, key, retain}

{cost, regulation, environmental}

Our success is dependent on the performance of the advisor. The advisor may be subject to conflicts of interest. We have limited independence from the advisor. There is not, and may never be a public market for our shares, so it will be difficult for shareholders to sell shares quickly. We may recognize substantial impairment charges on our properties. Our net asset value is based on information that the advisor provides to a third party. Potential liability for environmental matters could adversely affect our financial condition. Failure to qualify as a REIT would adversely affect our operations and ability to make distributions. The inability of a tenant in a single tenant property to pay rent will reduce our revenues. The bankruptcy or insolvency of tenants or borrowers may cause a reduction in revenue. Our leases may permit tenants to purchase a property at a predetermined price, which could limit our realization of any appreciation or result in a loss. We may suffer uninsured losses. A potential change in United States accounting standards regarding operating leases may make the leasing of facilities less attractive to our potential domestic tenants, which could reduce overall demand for our leasing services. Our use of debt to finance investments could adversely affect our cash flow. Our investments in properties outside of the United States subject us to foreign currency risks which may adversely affect distributions. Our participation in joint ventures creates additional risk. We do not fully control the management for our properties. Our distributions may exceed our earnings. Dividends payable by REITs generally do not qualify for reduced U.S. federal income tax rates because qualifying REITs do not pay U.S. federal income tax on their net income. Possible legislative or other actions affecting REITs could adversely affect our RIET qualification and our shareholders. The ability of our board of directors to change our investment policies or revoke our REIT election without shareholder approval may cause adverse consequences to our shareholders. Maryland law could restrict change in control. Shareholders equity may be diluted Your investment return may be reduced if we are required to register as an investment company under the investment company act.

Full 10-K form ▸

1041326--3/26/2007--CORPORATE_PROPERTY_ASSOCIATES_14_INC