Paradigm Funding Group LLC, a Cedarhurst New York based commercial mortgage firm, posts a record 2 quarters for the first half of 2005, according to Michael Edery, managing member of the firm.

"While we are primarily commercial mortgage brokers, the sale of roughly 1,600 residential units for an aggregate price well in excess of $100,000,000 has seriously bolstered our numbers" states Edery.

As far as loans go, in addition to the steady flow of stabilized-income- producing real estate loans, Paradigm has originated, and placed, an enormous amount of construction loans, for both, ground-up, and gut-rehabilitation construction.

Mezzanine loans have also been quite plentiful; especially for construction loans, in that it provides the client with that extra leverage, which will at times bring the total credit facility to in excess of 92% loan-to-total cost.

Lastly, as a reminder of the 1990's, traditional hard money has made a serious come-back, with many of our clients purchasing properties with 7 to 14 day fuses, and often times quite a bit of hair" commented Edery.

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