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
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
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.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,