HERNDON, VA–Calkain Companies LLC has launched a new capital markets division that will target larger institutional and private-market clients with transactions ranging from $15 million to $100 million. The division's services will include sale-leaseback financing, CTL and structured debt, recapitalization and restructuring, joint venture equity and investment sale advisory. Calkain founder, president and CEO Jon Hipp will spearhead the new division, which is called the Net Capital Markets Group.

The new operation has completed a CTL financing deal for the Children's National Facility in Glenarden, MD, on behalf of Petrie Richardson Ventures. In addition, later this week, NetCMG will be bringing to market a $65-million sale-leaseback investment opportunity, The Lodge at Cordillera, which is just outside of Vail, CO. Another $100 million in deals will be brought to market this summer, according to the company.

Calkain Companies is a commercial real estate brokerage firm focused on net leased assets. Among its transactions, it helped to broker the sale of Edwards Ferry Crossing, a multi-tenant retail center in Leesburg, VA, which traded for $4.82 million, or $925 per square foot and a cap rate of 5.47%. At close to $1,000 per square foot, it was a record-setting price, Hipp told GlobeSt.com.