ROCHELLE PARK, NJ–Case Real Estate Capital has added new dimension to its financial services to include purchase of real estate notes that are sub- or non-performing, with judgments and liens, as well as distressed, vacant and bank-owned properties.

Jon Leifer, director of acquisitions at Case, will lead the firm's efforts in this area.

“Conventional lending sources continue to be risk averse, and alternative sponsors, like Case, are prepared to fill this niche based on requirements and circumstances of specific clients and the realities of the marketplace,” said Sandy Herrick, who is managing principal and co-founder of the direct private lender based in Rochelle Park.