MIAMI—Calkain's international partnership with Shanghai, China-based Platinum Investment Corporation is bearing fruit. Calkain just inked the sale of a net leased hospice located Winter Haven, FL, a Tampa submarket.

Calkain formed the partnership last fall. The goal is to open the net leased world to the Chinese investor looking to the United States for passive cash flow and property ownership.

“As we educate investors in this demographic and their appetite grows, they are quickly becoming purveyors of the net lease product,” says Calkain associate Teal Henderson, who represented both the seller and the buyer in this transaction. “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.”