Michael Edery, Paradigm Commercial Real Estate / Senior Care Capital
What was your greatest professional accomplishment in 2013?
Closed a conventional acquisition loan in less than 30 days, without there having been an executed contract in place. The contract and closing happened at the same time.
What was your most notable project, deal or transaction in 2013?
I financed a 16 Skilled Nursing Facility package for $202,000,000 at 95% Loan-to-cost, using several layers of mezzanine, and preferred equity tranches.
What are your predictions for commercial real estate in 2014?
Gonna be big!!!!
What are your resolutions for 2014?
Use time more effectively.
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.