Calkain Companies, a national real estate investment
brokerage firm, recently facilitated the sale of a net leased hospice located
in Winter Haven, FL. This transaction marks the first closing in Calkain's
international partnership with Platinum Investment Corporation, headquartered
in Shanghai, China. This partnership was formed in the fall of 2012 and is
committed to opening the global net leased investments to the Asian investor
looking to the United States for passive cash flow and property ownership. The
property, an 8,000+/- SF medical site, is well located on a signalized corner
and had a 10 year lease with annual increases. The buyer assumed attractive
financing terms offered by the seller's bank. Calkain's Asset Management
Division was retained to manage the property for the foreign investor.
Associate Teal Henderson represented both the seller and the
buyer in this transaction. "This closing is the beginning of a historical
relationship and new venture for Calkain. We are looking forward to a very
successful and long term partnership with Platinum Investment Corporation. As
we educate investors in this demographic and their appetite grows, they are
quickly becoming purveyors of the net lease product. We have been able to
swiftly work through language and culture barriers, in addition to, a large
time zone difference to close the first deal and we have already begun working
on new transactions." Henderson commented.
Calkain Companies is a boutique commercial real estate
brokerage firm which specializes in assisting buyers and sellers with single
and multi-tenant retail, industrial, hotel and office net leased transactions.
While licensed to conduct business in many states, Calkain has multiple office
locations throughout the Mid-Atlantic, Southeast, Northeast and Midwest.
Additional information about the firm and listings may be found
at www.calkain.com.
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