Decade Answers: Michael Edery

Michael Edery is managing member and founder at Paradigm Commercial RE,LLC, Cedarhurst, N.Y. What are your predictions for commercial real estate in the new decade? Founded in December 1999 as Paradigm Funding Group, Paradigm has grown from a modest operation serving the tri-state area, to a nationally recognized firm. Like many of Paradigm's peers, over this past decade, Paradigm has closed deals of varying natures, with varying lenders all across the capital stack; mezzanine loans, CMBS loans, balance sheet loans, preferred equity etc. Equally as diverse, were the properties financed; skilled nursing and assisted living facilities, multifamily complexes, mobile home parks, industrial, etc. In addition to financing, Paradigm has brokered the sale of thousands of residential apartments, as well as many tens of thousands of retail and commercial s/f. In looking forward to the next decade of service, Paradigm looks back to draw upon their experience and history, to create a successful business model for the future.