Calkain Companies, Inc.
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| Type | Net lease Company |
|---|---|
| Founded | Reston, VA, 2005 |
| Founder(s) | Jonathan Hipp, President & CEO |
| Headquarters | Reston, VA, USA |
| Number of locations | Reston, VA, Tampa, FL, Bethesda, MD, Wilmington, DE, Boston, MA |
| Key people | Jonathan W. Hipp, President[1], CEO & Founder David Sobelman, Executive Vice President |
| Website | Calkain.com |
Calkain Companies is a national, commercial real estate firm, focusing on net lease investments, that provides brokerage[2] and consulting services for both private and institutional clientele. The company comprises seven distinct divisions: Calkain Realty Advisors, Calkain Institutional Advisors, Calkain Opportunity Services, Calkain Site Services, Sale-Leaseback Program, Calkain Urban Division, and the Industrial Division.[3] Based in Reston, Virginia, Calkain Companies continues to add more diverse divisions[4].
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[edit] History
After working in commercial real estate for over 20 years, Jonathan Hipp founded Calkain Companies in 2005. In the second quarter of 2005, the year Calkain was founded, it was averaging one transaction closing per week.
"The transactions we completed in the first quarter included retail, restaurant, and industrial, our core strengths," said Jonathan Hipp, President [5]
The fast pace of company transactions exceeded internal projections [6]. Although a small company, Calkain has grown into several divisions and into three locations.[7] In late 2005, it divided into Calkain Realty Advisors and Calkain Institutional Advisors. Later in November 2006, Calkain added a new division, Calkain Site Services. They continued to expand and, in December 2008 Calkain Companies established another division, Calkain Opportunity Services. Not only starting a new branch, but opening an entirely new office, in Tampa, FL. Later into 2009 Calkain added the Sale-Leaseback Program. Most recently, into early 2010, Calkain added the Urban Retail Division.[8] As Calkain continues to expand, it shows its potential for further growth in a volatile real-estate market.[9][10][11]
[edit] Divisions[3]
Calkain Companies has four different divisions.
- Calkain Realty Advisors - Assists Buyer and Seller clientele with the acquisition and disposition of single and multi-tenant, net lease investment properties nationwide.
- Calkain Institutional Advisors - Guides clients through complex net lease assets.
- Calkain Opportunity Services - Helps investors deal with distressed net leases.
- Calkain Site Services - Offers analysis for potential net lease real estate.
- Sale-Leaseback Program - Helps businesses monetize potentially illiquid assets.
- Urban Division - Focuses on investment properties in high density, urban districts.[12]
- Industrial Division- Aims to lease real estate in the Industrial Sector.
[edit] Executives
- Jonathan Hipp, President/CEO
- David Sobelman, Executive Vice President
- Geoff Bobsin, Chief Financial Officer
[edit] See also
[edit] References
- ^ Coombs, Joe. "Fraser Forbes Co., Calkain Cos. team to prepare for rebound." Washington Business Journal 9 May 2008. Print.
- ^ Napoli, Michelle. "The Big Chill." The Real Estate Forum Apr. 2008: 56-63. Print.
- ^ a b Bell, Stephanie. "Branching out." Commercial investment real estate Mar.-Apr. 2007: 22-24. Print.
- ^ Mattson-Teig, Beth. "Bundling Sale-Leaseback Sales." National Real Estate Investor 1 June 2007. Print.
- ^ "Calkain Realty Advisors Sets Fast Pace in First Quarter of Operations; Averages Nearly One Transaction Per Week Since Opening. | Real Estate Real Estate Transactions from AllBusiness.com." Business Resources, Advice and Forms for Large and Small Businesses. Web. 03 Aug. 2009. <http://www.allbusiness.com/company-activities-management/operations-customer/5086570-1.html>.
- ^ Duell, Jennifer D. "Sell to Rent." Fortune 4 Dec. 2007. Print.
- ^ Shearin, Randall. "Triple-Net Leased Properties See Opportunity in 2009." Shopping Center Business (2009). Print.
- ^ Silverman, Suzann D. "New Calkain Division Geared Toward Urban Growth | Commercial Property Executive." Commercial Property Executive | Advancing the Business of Commercial Real Estate. 1 Apr. 2010. Web. 24 June 2010. <http://www.cpexecutive.com/2010/04/01/new-calkain-division-geared-toward-urban-growth/>.
- ^ Berton, Brad. "TICs Take Timeout." Commercial Property News 1 Apr. 2008. Print.
- ^ Berton, Brad. "Brain Truester." Commercial Property News 1 June 2007: 28-29. Print.
- ^ Swibel, Matthew. "Building Room." Forbes Magazine 2 June 2008. Print.
- ^ Plumb, Tierney. "Calkain Forms Division for Urban Retail Assets - Washington Business Journal." Washington, D.C. News | Washington Business Journal. 31 Mar. 2010. Web. 24 June 2010. <http://washington.bizjournals.com/washington/stories/2010/03/29/daily33.html>.
