New York, NY (PRWEB) April 06, 2015
Case Property Services is pleased to announce that David Balaj has joined the firm to assist clients in addressing distressed commercial real estate and CMBS loans.
David joins Case just as the firm has increased its caseload to address the many underwater loans that are at risk of being unable to refinance upon maturity within the next 36 months. David commented “I am excited to start a new challenge within Case and look forward to working with the team to take advantage of the amazing process and success rate that Case has put together. There are many borrowers that can genuinely benefit from the creativity and goal oriented approach of this wonderful firm.”
David Balaj comes with a wealth of experience within the Industry. Previously with a top office REIT, David was instrumental in the acquisition and leasing as well as protecting various debt and passive equity positions including the successful foreclosure of several high profile assets.
Shlomo Chopp, the Managing Partner of Case said “David’s wealth of experience and industry knowledge has already made him a key addition to the Case family. We view his appointment as a sign of our commitment to being the leading company in our industry. Our continued innovations and the increasing demand from our customers led us to look for an addition to our team who will fit in with our ethos of innovation and property centric workout services. It is very fortunate that we were able to find someone of David’s caliber to fulfill this role. I’m confident that David will play a key role in providing and implementing high quality solutions for our clients.”
Case Property Services is a borrower advisory firm that addresses the crisis of unresolved CMBS distressed loans. Case brings to bear a wide range of specialized expertise in its service to real estate stakeholders. Following specific protocols and processes developed by the Case team, our property turnaround experts help clients to overcome challenges, accelerate profitability and maximize the value of their real estate. Since inception, Case has consulted on distressed properties and loans worth over $1.5 Billion. http://www.caseps.com/