Glick joins Paradigm Capital as the head of mortgage originations
Adam Glick, formerly of Mercury Capital, has recently joined Paradigm Capital Group as the head of mortgage originations. Glick will be based in the New York office. He has 10-years experience in commercial bridge loans.
Paradigm Capital was founded by Jeffrey Meshel, the former founder and co-president of Mercury Capital, and is one of the nation's leading direct mortgage lending institutions, specializing in fast and creative solutions for immediate financing needs. The company is a direct short-term commercial bridge lender. They engage in creative financing, provides non-conforming commercial loans, with amounts ranging from $1 to $20 million.Â
Paterson, NJ Avatar Financial Group LLC (Avatar) provided a $3.7million cash-out bridge loan on a newly constructed mixed-use property at 59 Pearl St. The two-year, first-lien loan was originated at 64% loan-to-value. The borrower