Case Real Estate Capital, LLC Names Jon Leifer As Director-Acquisitions
Leifer Possesses Broad Experience in Acquisitions and Development in Commercial and Residential Sectors.
- Bergen-Passaic, NJ (1888PressRelease) April 22, 2014 - Case Real Estate Capital, LLC, a private direct lender based in Rochelle Park, N.J., has named Jon Leifer as director-acquisitions. In this role, Leifer's responsibilities will include sourcing and closing non- and sub-performing debt acquisition opportunities as well as originating loans.
Leifer possesses extensive experience in acquisitions, development, and asset and portfolio management in both the commercial and residential sectors. During his career, he has completed over $1 billion worth of property and debt transactions spanning acquisitions, developments, and financings for private and institutional real estate owners and developers, and valuations for more than $4 billion worth of real estate. Leifer holds a Bachelor of Science degree in Urban Planning and Real Estate from the Massachusetts Institute of Technology and a Master of Science in Real Estate from the Johns Hopkins Carey Business School.
Since 2012, Leifer has led direct property and distressed debt acquisitions for individuals, family offices, and real estate funds operating in the metropolitan area. "I joined Case recognizing the value of the firm's deep experience and exposure in the fields of distressed debt resolution and situational lending," said Leifer, who resides in Union City, N.J. "I look forward to assisting in the growth of the firm's rapidly expanding note acquisition and loan origination services as Case scales up to a $100+ million platform in the near future."
"Jon is the perfect fit for Case. He has a true entrepreneurial spirit and impressive industry background in addition to being ambitious and well-educated," said Sandy Herrick, co-founder and managing principal of Case. "We are thrilled to have him join us."
Case recently expanded its product line to include loans in the $1 million to $5 million range for real estate assets located in New York City and Northern New Jersey. This includes multi-family, land, retail, office and industrial properties. Established in January of 2013, Case will handle these smaller transactions as quickly and effectively as it does those in the $2.5 million to $25 million range for properties throughout the Northeast and Mid-Atlantic Regions.
The firm provides short-term, fixed-rate loans to reposition or redevelop transitional assets. Financing solutions include traditional and short-term bridge loans, discounted pay-off (DPO) financing, construction financing, and first- and second-mortgage financing. These range from short timeframes to complex transactions and restructurings.
At Case, each loan is evaluated on its own merits, based on the borrower's unique situation, local market conditions and the collective expertise of Case's in-house investment and origination professionals. The company also offers opportunities for local entrepreneurs. Case's investor base is extremely diverse, including individuals, family offices and institutional investors.
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