March 25 , 2007 CALKAIN COMPANIES LAUNCHES NEW CLIENT SERVICE LEADING NET LEASE BROKERAGE FIRM PROVIDES INDEPENDENT DUE DILIGENCE ASSISTANCE Calkain Companies has instituted its newest service for its clients focusing on their pending and existing assets.  Calkain Site Services (CSS), a due diligence and evaluation service, will focus on providing an independent and accurate assessment of clients’ real estate.  Through the firms numerous experiences dealing with clients participating in 1031 tax deferred exchanges and multiple acquisitions in a short period of time, Calkain felt it was important provide support for these clients.  Additionally, CSS is able to work with institutional investors, REITs, and private market investors who are not currently engaged in transactions through Calkain.  Calkain has applied its vast acquisition and disposition experiences into CSS.  The firm is able to give principal investors an impartial view to assets that they may be considering purchasing.  Calkain Site Services has a national scope and will incorporate location visits, property salient fact identification, assumable debt overview and evaluation, tenant credit assessment, demographic analysis, surrounding residential and commercial development detection, as well as local market research.  The new service is headed by Joel Kahn, CCIM, Managing Director of Calkain Institutional Advisors and will be based in the Nashua, NH office.  “Investors with the potential for either multiple acquisitions or short time-framed transactions are typically restricted, by time and logistical planning, as to the amount of hands-on due diligence they are able to accomplish,” explained Kahn.  CSS is able to incorporate cutting edge technology with a first hand examination of a client’s assets.  Jonathan Hipp, Calkain’s President, rationalized, “there is only so much you can do from your desk when using online data and aerial photographs.  There is no substitute for a first-hand site visit in order to get an accurate feel of the immediate area of an asset.”  CSS sends a representative to an/the asset(s) and reports back to a client within three days with a comprehensive overview, based on the clients’ predetermined needs, of the property.  The client is then able to better evaluate the asset directly and make an informed decision to determine if the property falls within their investment strategy without interrupting their schedules. Calkain Companies is a national net lease investment brokerage firm with offices in Reston, VA, Nashua, NH, Tampa, FL, and McHenry, MD.  Media Contact: Joel Kahn | (603) 689.2030

 

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