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Petroleum Capital and Real Estate LLC Acts as Exclusive Advisor for U.S. Based Private Real Estate Investment Trust That Invested over $80 Million in Retail Petroleum Industry.
Wednesday, November 04, 2009 6:30 AM


Nov. 4, 2009 (Business Wire) -- As the exclusive advisor to a large private equity real estate investment trust, Petroleum Capital and Real Estate LLC (www.PetroCapRE.com) provided industry related expertise in facilitating the acquisition of 57 locations from ExxonMobil. The sites were located in Washington D.C. and Northern Virginia and were purchased by Anacostia Petroleum Holding, LLC, and Mount Vernon Petroleum Realty, LLC, two affiliated companies of Dag Petroleum, a large Shell and Exxon jobbership, in June and August of 2009.

“We are excited that we could help facilitate this transaction,” said John Sartory Managing Director and principal of Petroleum Capital and Real Estate LLC. “This was a rare opportunity for Dag Petroleum to acquire a large number of premium real estate sites in downtown Washington, D.C. and the adjoining communities of northern Virginia that have very high barriers to entry. The strong real estate attributes, combined with the opportunity to partner with an established and professional organization, immediately attracted our client to this investment. Our client provided a creative mix of bridge, mezzanine and private equity financing that was instrumental in successfully completing these transactions with ExxonMobil.”

In 2009, John C. Flippen, Jr. and John Sartory have helped clients close over $250 million in retail acquisitions via Senior Lenders, Sale Lease Back, Mezzanine and Private Equity. Petroleum Capital and Real Estate, LLC – www.PetroCapRE.com - provides consulting, M&A and financial advisory services for small to middle market clients exclusively in the retail petroleum industry. The company also represents private equity groups that are willing to make opportunistic investments with greater than 2x their original investment.

(Source: iStockAnalyst )


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