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October 2, 2007

CALKAIN COMPANIES CLOSES ON MEDICAL CARE PORTFOLIO
National Investment Firm Purchases Assets

Reston, Virginia, - Calkain Companies was the sole brokerage firm for the recent transaction of four free standing medical office buildings. Representing LT Capital Holdings, a private real estate investment firm and the selling entity, Calkain marketed the assets located in North Carolina and Ohio to a national audience. The purchaser was Brauvin Net Capital, LLC based out of Chicago, IL. The transaction settled on August 27, 2007 for 3.8 million dollars.

Rick Fernandez, Business Development Director of Calkain Realty Advisors, the private market division of Calkain Companies, represented LT Capital Holdings. “Rick made a complicated transaction move quickly to a closing due to his hands-on attention to details,” said Jonathan Hipp, Chief Executive Officer and President of Calkain Companies. “With the complexities of working with a public company, Rick was able to identify major points within the transaction and streamline them in order to complete the deal,” Hipp continued.

LT Capital Holdings is a private commercial real estate investment company focused on the acquisition of single-tenant and multi-tenant properties throughout the United States.

Calkain is a full service brokerage firm with a national scope focusing on single and multi tenant retail, industrial, hotel and office net leased transactions. With offices in Reston, Virginia (Washington, DC suburb), Tampa, Florida, Nashua, New Hampshire (Boston Suburb), and McHenry, MD, Calkain is able to service both buyers and sellers looking to enhance their real estate portfolios. Additional information about the firm and its listings may be found at www.calkain.com.

Media Contact: David Sobelman | (813) 282.6000

 

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