The founder of Kalkan Capital, Dr. Fercan Kalkan, was born in 1959 in Izmir, Turkey. He received his Bachelor of Science Degree in Geophysics from Istanbul Technical University (ITU), Istanbul, Turkey in 1982, and attended ITU Graduate School of Geosciences in 1982.

While studying for a Master of Science in Geophysics, he took two separate nationwide exams given by the Turkish Government Ministers to select students to be sent to the USA and England for Ph.D. degrees. Dr. Kalkan got 1st place in the country for both exams in his field, hence, he came to the U.S.A as a government-sponsored student and enrolled in the Graduate Program at Texas A&M University in 1985, where he received his M.S. degree in Geophysics in 1989, and a Ph.D. degree in Oceanography in 1993.

Dr. Kalkan entered the real estate industry during one of Americas worst recessions, the 1992 oil and loan crisis. Through the RTC (Resolution Trust Corporation) he was able to acquire repossessed assets. His first year, he acquired 20 rental properties, and has been growing at a minimum of 25% a year.

For the past decade the second generation has been operating Kalkan Capital in its entirety and has exceeded its growth projections year after year. Dr. Kalkan remains as a visionary and provides guidance and council. With the current portfolio exceeding 12,000 units (mainly in Texas), the short-term goal is to become a multi-state company, and the long-term goal is to become one of the only international real estate firms that specializes in investing in very distressed neighborhoods at a global scale and revitalising communities in all societies.