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Calkain’s Fernandez Arranges $7M+ Sale of Two NoVA Daycare Centers

Fernandez Represented Seller in Transaction

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, brokered the sale of two daycare centers in Manassas and Woodbridge Virginia totaling over $7 Million. The properties are leased to The Learning Experience one of the fastest growing daycare operations in the country.…

AmyCalkain’s Fernandez Arranges $7M+ Sale of Two NoVA Daycare Centers

Calkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

Fallon & Fernandez Represented Seller in Transaction

Herndon, VA – Calkain Urban Investment Advisors, the urban division of Calkain Companies, brokered the $9.2M sale of the commercial units at the Tenley Hill condominium at 4719-4731 Wisconsin Avenue, Washington, DC.  Tenley Hill is a premier mixed-use, luxury Leed Certified condominium developed by PN Hoffman in 2001.  Offered for sale were the 100% leased first and second floors of the building featuring six commercial condominium units of approximately 20,000 SF.  The commercial units have a dedicated lobby and private 24-space parking garage.  The buyers acquired the property as part of a 1031 …

AmyCalkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

Consumer Confidence Gains – Positive STNL Activity Expected

GlobeSt.com

Consumer Confidence has been surging, hitting 117.9 on their index in May of 2017, and the National Federation of Independent Business’ (NFIB) Small Business Economic Trends index reports that business confidence is at an incredible high. These bright outlooks sit in stark contrast to the weak GDP growth of 1.2% observed in Q1 2017. After a quarter of weak growth and optimistic outlooks many economic forecasters expect the second quarter growth to be large, possibly in the range of 4 percent.

A Federal Reserve Bank survey of senior loan officers at major US banks revealed lending standards across commercial real …

AmyConsumer Confidence Gains – Positive STNL Activity Expected

Fernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1544 9th Street NW, Washington, DC. The real estate property has a twelve-year net lease with the New Orleans style, French Quarter Brasserie & Oyster Bar (FQB).…

Emily CusmanoFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Fernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the MacArthur Retail & Professional Center located at 5185 MacArthur Blvd. NW in Washington, DC.…

Emily CusmanoFernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Calkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of a NNN Dunkin’ Donuts and Baskin-Robbins in Oldsmar, Florida for $2.475M at a cap rate of 5.32% on in place income.…

Emily CusmanoCalkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins

In Sync

CCIM.com

Triple-net leased properties are closely hewing to 10-year Treasury note rise and fall. Will this trend continue?

For the last five years, cap rates have been compressing from an average of 7.19 percent in 2010 to a low of 6.35 percent shortly before the 2016 U.S. presidential election. This has been due primarily to falling interest rates, which reflects the historically low rates on the 10-year Treasury note. In the financial realm, the 10-year Treasury is the benchmark rate on which many assets either directly or indirectly derive their value.

Since triple-net leased properties with investment-grade, credit-rated tenants are much …

AmyIn Sync