Real Estate Finance & Investor (REFI) has named Case to its short list for the “Commercial Real Estate 20 Awards 2018” in the “Debt – Specialty Financing of the Year.” REFI is recognizing Case for funding a $16,000,000 first mortgage loan secured by a 20,803-square-foot redevelopment site in Flushing, N.Y. to Regent Medical Properties, LLC. Loan proceeds are being utilized to facilitate the acquisition of land and initiate pre-development work, which is slated for a twelve-story medical office building (MOB), an Ambulatory Surgery Center and street-level commercial space. Click here for more info.
Case Real Estate Capital, LLC (Case) is a commercial real estate investment company with discretionary capital. The company is active as a high-yield private lender; a financier of transitional properties; a purchaser of performing, sub- and non-performing debt; and a mezzanine and equity investor. Founded in 2013 by industry veteran Sanford Herrick and joined by yet another industry veteran, Chris Mavros in 2014, Case provides flexible, dependable financing solutions for transitional properties located in the New York metropolitan area, as well as throughout the Northeast and Mid-Atlantic regions and in south Florida. Responding to the middle market’s need for smart situational capital, the company has already surpassed the $125,000,000 mark in investments and continues to ramp up activities. Case is one of the leading bridge lenders in New Jersey, New York and Florida.