Case Finalizes $20M+ in Acquisitions During Three-Month Timeframe

ROCHELLE PARK, NJ—The stream of transitional assets in the Northeast is expected to be constant throughout the fourth quarter as owners and developers accelerate their efforts to secure situational financing in today’s healthy real estate investment market, according to the investment and lending professionals of Case Real Estate Capital. In a recent three-month timeframe, the private direct lender and investor finalized debt and direct property acquisitions exceeding more than $20 million.

“In anticipation of the current real estate market cycle, Case’s scope of services was enhanced to meet the extremely unique requirements of transitional properties that don’t satisfy institutional lending criteria,” says Sanford Herrick, managing principal, who founded the company in early 2013 as a middle-market situational lending platform. “In the New York metro area, the industrial and multifamily sectors will remain strong through year-end and into early 2015. At Case, we expect a vibrant fourth quarter, with a particular focus on industrial.”