Estimated Net Asset Value

We are pleased to report that Carey Watermark Investors 2 (CWI 2) has announced its second interim Net Asset Value (NAV) as of December 31, 2016 to be $10.74 per Class A share and Class T share.

For additional information regarding the calculation of the NAV, please refer to the Form 8-K filed by CWI 2 with the SEC on April 12, 2017.