Exhibit 99.1

INDEX TO UNAUDITED PRO FORMA FINANCIAL STATEMENTS

W. P. Carey & Co. LLC:

Pro Forma Consolidated Financial Information (Unaudited), December 31, 2010

W. P. CAREY & CO. LLC

The pro forma consolidated financial statements of W. P. Carey & Co. LLC (“we, us, and our”), which are unaudited, have been prepared based on our historical financial statements. Our pro forma consolidated balance sheet of as of December 31, 2010 has been prepared as if our May 2, 2011 acquisition of an incremental interest in Corporate Property Associates 16 – Global Incorporated (“CPA^®:16 — Global”) and the acquisition of a special membership interest in its operating partnership had occurred on December 31, 2010. The pro forma consolidated balance sheet also includes pro forma adjustments for events subsequent to December 31, 2010, including the acquisition of certain properties from Corporate Property Associates 14 Incorporated (“CPA^®:14”) prior to CPA^®:14’s acquisition by CPA^®:16 — Global, our receipt of a special dividend from CPA^®:14, and certain borrowings on our line of credit.

The pro forma consolidated statement of income for the year ended December 31, 2010 has been prepared as if the acquisition of our interest in CPA^®:16 — Global had occurred on January 1, 2010. The pro forma consolidated statement of income also gives effect to events subsequent to December 31, 2010, as described above, as though such activity had occurred as of January 1, 2010 and to the impact of the acquisition on our revenues and expenses. Pro forma adjustments are intended to reflect what the effect would have been had we acquired our interest in CPA^®:16 — Global as of January 1, 2010, in conjunction with amounts that have been recorded in the historical consolidated statements of operations; however, certain information, such as fair value, is still preliminary and subject to further revision. In management’s opinion, all material adjustments necessary to reflect the effects of our acquisition of an interest in CPA^®:16 — Global have been presented.

The pro forma consolidated financial statements should be read in conjunction with the historical consolidated financial statements and notes thereto of W. P. Carey & Co. LLC included in our Report on Form 10-K for the year ended December 31, 2010 and filed on February 25, 2011. The pro forma information is unaudited and is not necessarily indicative of the financial condition or results of operations had the acquisition occurred on January 1, 2010 or on any particular date in the future, nor is it necessarily indicative of the financial position, cash flows or results of operations of future periods.

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W. P. CAREY & CO. LLC

PRO FORMA CONSOLIDATED BALANCE SHEET

December 31, 2010

(Unaudited)

(in thousands)

The accompanying notes are an integral part of these pro forma consolidated financial statements.

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W. P. CAREY & CO. LLC

PRO FORMA CONSOLIDATED STATEMENT OF INCOME

December 31, 2010

(Unaudited)

(in thousands)

The accompanying notes are an integral part of these pro forma consolidated financial statements.

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W. P. CAREY & CO. LLC

NOTES TO PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Basis of Presentation

The pro forma consolidated balance sheet of W. P. Carey & Co. LLC as of December 31, 2010 and the pro forma consolidated statement of income for the year ended December 31, 2010 were derived from the historical audited consolidated financial statements as of and for the year ended December 31, 2010 included in our Annual Report on Form 10-K.

Adjustments to the Pro Forma Consolidated Balance Sheet

On May 2, 2011, CPA^®:14 merged (the “CPA^®:14/16 Merger”) with and into a subsidiary of CPA^®:16 — Global.

1. CPA^®:14 Asset Acquisitions

In connection with the CPA^®:14/16 Merger, on May 2, 2011, we purchased three properties from CPA^®:14, in which we already had a partial ownership interest, for an aggregate purchase price of $31.8 million, plus the assumption of $87.6 million of indebtedness. The properties were acquired for aggregate consideration of approximately $131.0 million (consisting of real estate of $90.2 million, intangible assets of $45.7 million, other assets of $0.7 million, and accounts payable, accrued expenses and other liabilities of $5.6 million).

We had previously consolidated the Checkfree property and accounted for the Federal Express and Amylin properties under the equity method. In connection with purchasing the interests in the Federal Express and Amylin properties, we recognized a pro forma net gain of $27.9 million to adjust the carrying value of our existing interests in these ventures to their estimated fair values. We acquired the noncontrolling interest of $1.6 million related to the property leased to Checkfree and recognized a pro forma adjustment of $5.9 million to capital.

2. Acquisitions of Interests in CPA^®:16 — Global

In the CPA^®:14/16 Merger, CPA^®:14 shareholders were entitled to receive $11.50 per share, which was equal to the estimated net asset value per share of CPA^®:14 as of September 30, 2010. For each share of CPA^®:14 stock owned, each CPA^®:14 shareholder received a $1.00 per share special cash dividend and a choice of either (i) $10.50 in cash or (ii) 1.1932 shares of CPA^®:16 – Global. The merger consideration of $954.5 million was paid by CPA^®:16 – Global, including payment of $444.0 million to liquidating shareholders and issuing 57,365,145 shares of common stock with a fair value of $510.5 million on the date of closing to shareholders of CPA^®:14 in exchange for 48,076,723 shares of CPA^®:14 common stock. The $1.00 per share special cash distribution, totaling $90.4 million in the aggregate, was funded from the proceeds of the CPA^®:14 Asset Sales. In connection with the CPA^®:14/16 Merger, we agreed to purchase a sufficient number of shares of CPA^®:16 – Global common stock from CPA^®:16 – Global to enable it to pay the merger consideration if the cash on hand and available to CPA^®:14 and CPA^®:16 – Global, including the proceeds of the CPA^®:14 Asset Sales and a new $320.0 million senior credit facility of CPA^®:16 – Global, were not sufficient. Accordingly, we purchased 13,750,000 shares of CPA^®:16 – Global on May 2, 2011 for $121.0 million, which we funded, along with other obligations, with cash on hand and $121.4 million drawn on our unsecured line of credit.

Upon consummation of the CPA^®:14/16 Merger, we earned revenues of $31.2 million in connection with the termination of the advisory agreement with CPA^®:14 and $21.3 million of subordinated disposition revenues. We elected to receive our termination revenue in 2,717,138 shares of CPA^®:14, which were exchanged into 3,242,089 shares of CPA^®:16 – Global. In addition, we received $11.1 million in cash as a result of the $1.00 per share special cash distribution paid by CPA^®:14 to its shareholders. Upon closing of the CPA^®:14/16 Merger, we received 13,260,091 shares of common stock of CPA^®:16 – Global in respect of our shares of CPA^®:14. In connection with this share exchange, we recognized a gain of $2.8 million, which is the difference between the carrying value of our investment in CPA^®:14 and the estimated fair value of consideration received in shares of CPA^®:16 – Global.

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3. CPA^® :16 — Global UPREIT Reorganization

Immediately following the CPA^®:14/16 Merger on May 2, 2011, CPA^®:16 – Global completed an internal reorganization whereby CPA^®:16 – Global formed an umbrella partnership real estate investment trust, or UPREIT which was approved by CPA^®:16 – Global shareholders in connection with the CPA^®:14/16 Merger. In connection with the formation of the UPREIT, CPA^®:16 – Global contributed substantially all of its assets and liabilities to an “Operating Partnership” in exchange for a managing member interest and units of membership interest in the Operating Partnership, which together represent a 99.985% capital interest of the “Managing Member” (representing the CPA^®:16 – Global shareholders’ interest). Through our subsidiary, Carey REIT III, Inc. (the “Special General Partner”), we acquired a special membership interest (“Special Interest”) of 0.015% in the Operating Partnership for $0.3 million, entitling us to receive certain profit allocations and distributions of cash.

As consideration for the Special Interest, we amended our advisory agreement with CPA^®:16 – Global to give effect to this UPREIT reorganization and to reflect a revised fee structure whereby (i) our asset management fees are prospectively reduced to 0.5% from 1.0% of the asset value of a property under management, (ii) the former 15% subordinated incentive fee and termination fees have been eliminated and replaced by (iii) a 10% Special General Partner Available Cash Distribution and (iv) the 15% Final Distribution, each defined below. The sum of the new 0.5% asset management fee and the Available Cash Distribution is expected to be lower than the original 1.0% asset management fee; accordingly, the Available Cash Distribution is contractually limited to 0.5% of the value of CPA^®:16 – Global’s assets under management. However, as a result of income tax savings, the amount of after-tax cash that we expect to receive pursuant to this revised structure is anticipated to be greater than the amount we received under the previous arrangement. The fee structure related to initial acquisition fees, subordinated acquisition fees and subordinated disposition fees for CPA^®:16 – Global remains unchanged.

As Special General Partner, we are entitled to 10% of the Operating Partnership’s available cash (the “Available Cash Distribution”), which is defined as the Operating Partnership’s cash generated from operations, excluding capital proceeds, as reduced by operating expenses and debt service, excluding prepayments and balloon payments. We may elect to receive our Available Cash Distribution in shares of CPA^®:16 – Global’s common stock. In the event of a capital transaction such as a sale, exchange, disposition or refinancing of CPA^®:16 – Global’s assets, we are also entitled to receive a “Final Distribution” equal to 15% of residual returns after giving effect to a 100% return of the Managing Member’s invested capital plus a 6% priority return.

We recorded the Special Interest as an equity investment at its fair value of $28.3 million and an equal amount of deferred revenues, which is net of approximately $6.0 million related to our ownership interest of approximately 17.5% in CPA^®:16 – Global that was eliminated in our consolidated financial statements. We will recognize the deferred revenue earned from our Special Interest in the Operating Partnership into earnings on a straight-line basis over the expected period of performance, which is currently estimated at three years based on the stated intended life of CPA^®:16 – Global as described in its offering documents. The amount of deferred revenue expected to be recognized during a 12-month period would be approximately $8.5 million, which is net of $0.9 million associated with the basis differential generated by the Special Interest in the Operating Partnership and our underlying claim on the net assets of CPA^®:16 – Global. We determined the fair value of the Special Interest based upon a discounted cash flow model, which included assumptions related to estimated future cash flows of CPA^®:16 – Global and the estimated duration of the fee stream of three years.

Adjustments to the Pro Forma Consolidated Statement of Income

1. CPA^®:14 Asset Acquisitions

We had previously consolidated the Checkfree property and accounted for the Federal Express and Amylin properties under the equity method.

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We reflected the pro forma impact of the related lease revenues of $11.3 million, offset by $7.1 million for depreciation and amortization of the properties based on their fair values, less than $0.1 million for property expenses and $5.2 million of interest expense related to the debt assumed. Our pro forma adjustments also reflect the elimination of $1.2 million of income formerly attributed to the non-controlling interests of the Checkfree venture as well as $0.9 million related to the equity earnings of the Federal Express and Amylin ventures.

2. Acquisitions of Interests in CPA^®:16 — Global

As a result of the CPA^®:14/16 Merger, our interest in CPA^®:16 — Global increased from 5.6% at December 31, 2010 to 17.3% immediately after the merger. Therefore, we have reflected pro forma adjustments for the pro forma equity in earnings of CPA^®:16 — Global after acquisition of CPA^®:14 of $7.0 million, partially offset by the reversal of the 2010 equity in earnings of CPA^®:14 and CPA^®:16 — Global of $5.5 million and $1.4 million, respectively. Pro forma interest of $1.3 million relates to the cost of our incremental borrowing of $121.4 million at the effective annual rate of 1.0875%.

3. CPA^® :16 — Global UPREIT Reorganization

As a result of the UPREIT Reorganization, we will no longer earn performance fees. Accordingly, our pro forma adjustments reflect the reversal of performance fees for CPA^®:14 and CPA^®:16 — Global of $21.7 million and a reduction in asset management fees as a result of the CPA^®:14 Asset Sales of $2.5 million for 2010. We have also reflected pro forma estimated cash flow distributions from CPA^®:16 — Global in the amount of $14.0 million for 2010.

As described above, the amount of deferred revenue related to the Special Interest that is expected to be recognized during a 12-month period would be approximately $8.5 million, which is net of $0.9 million associated with the basis differential generated by the Special Interest in the Operating Partnership and our underlying claim on the net assets of CPA^®:16 – Global.

As a result of the expected income tax savings described above, we have reflected a pro forma tax benefit of $7.8 million.

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