RESTON, VA, and Shanghai—Calkain Companies 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 net leased investment world to the Chinese investor looking to the United States for passive cash flow and property ownership. The property, an 8,000 SF medical site, had a 10 year lease with annual increases. Calkain's Asset Management Division was retained to manage the property for the foreign investor.
Associate Teal Henderson represented both sides in this transaction.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
