ROCHELLE PARK, NJ—In early 2016, the commercial real estate investment market will continue to experience greater liquidity, but deals may get more challenging to complete as a result of the unclear direction in this peaking cycle, according to Sandy Herrick, founder and managing principal of Case Real Estate Capital.
Rochelle Park-based Case is a high-yield private lender, a purchaser of sub- and non-performing debt, and an equity investor. Concentrating on deals in the $1.5 million to $30 million range, the firm says it will broaden its platform next year.
"Opportunities that take creativity and industry knowledge – and the ability to stomach uncertainty - are still out there," says Herrick. "The influx of money in the investment market may be driving prices too high for the intrinsic values of given properties, and a subsequent fall-out is certainly a possibility. Market expertise and the stability of the lenders' balance sheets are the keys to offsetting that."
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