New York Real Estate Journal

2016 Year in Review: Michael Edery, Paradigm Commercial Real Estate LLC

December 20, 2016 - Spotlight Content
Michael Edery, Paradigm Commercial Real Estate LLC Michael Edery, Paradigm Commercial Real Estate LLC

Name: Michael Edery

Company Name: Paradigm Commercial Real Estate LLC

What was your most notable project, deal, transaction or professional achievement in 2016?

Financed approximately $900 million in commercial real estate assets for a privately held entity.

What project, transaction, market trend or product had the greatest impact on your industry this year?

Not any one specifically, but overall, the market was very healthy for our industry, given low interest rates.

How will you be supercharging your productivity in 2017?

Gonna need to pound the pavement more, given the rise in interest rates

What emerging trends will drive investment and development in 2017?

I believe that an increase in interest rates will lower real estate prices, thus enabling a lot more player to invest in CRE, not just the well-heeled, 1031, or foreign buyer.