News: Brokerage

Paul Nichols 2012

Name: Paul Nichols Title: Owner Company: Paragon Prime Funding Location: Albany, NY.. Place of birth: Herkimer, N.Y. Family: Wife of 18 years and 13 year old triplets College: State of University New York - B.S Business Management; College of Saint Rose - Masters Degree in Business Administation First job unrelated to your current field: Food Service First job in current field: Management Trainee - Fleet Bank What your firm does now and its plans for the future? Originates debt and equity for commercial real estate investors and developers over $1 billion to date. Immediate focus is to deploy significanyl more capital from our correspondents into Westchester County, Hudson Valley and Long Island. Hobbies: Running, tennis, drums Favorite novel: "The Firm" Favorite film: "Saving Private Ryan" Keys to success: Passion, persistence, vision and honesty Person(s) you most admire (outside of family): Abraham Lincoln If you had to choose a different profession, what would it be? Chef
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Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.