The company has hired Michael Heneghan to open and run the office.
HERNDON, VA–Calkain Cos. is expanding to its sixth location, this time in New York City.
It has tapped Michael Heneghan, who was Senior Vice President – Investments at Vereit/American Realty Capital Properties, to open and run the new office.
The new office follows Calkain’s launch last month of 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.
Heneghan will also play a role in developing NetCMG, which stands for Net Capital Markets Group and is the name of the new division. Heneghan was also an executive at CapLease.
Calkain’s other offices are in in Ft. Lauderdale, FL, Atlanta, GA, Philadelphia, PA and Boston, MA.