Transactions

Paradigm Funding Real Estate LLC is pleased to announce the closing of the following bridge loan, secured by a 172 bed, skilled nursing facility, located in Hockessin, Delaware.

Loan Amount: $8,000,000

Term: 3 Years, Plus 2, One Year Options

Amortization: Interest only

Recourse: None

Remarks: This Bridge Loan features a Bridge to HUD Option, Excersizable at any time throughout the Loan Term.

Paradigm Funding Real Estate LLC is pleased to announce the closing of the following loan in Staten Island, NY, to facilitate the retirement of the existing debt and provide equity recapture to the client.

Loan Amount: $12,500,000

Term: 12 Months

Lender Fee: 1%

Property Description: Unimproved development land, with plans pending for the construction of a mid-rise, luxury, residential condominium building, overlooking the Harbor and the minor league Yankee Stadium, totaling roughly 270,000 square feet.

The loan featured a near 100% equity cash-out to the client, and closed in less than two weeks from application.

Loan Amount: $17,833,000

Term: 30 Months

Amortization: Interest Only

Recourse: None

The loan represented approximately 85% of total cost.

PARADIGM FUNDING REAL ESTATE LLC is pleased to announce that it has arranged for the acquisition financing of a 65,000 square foot property

located in: Canton, Michigan

The property is a multi-tenanted shopping center anchored by Farmer Jack Supermarkets.

Loan Amount: $10,200,000

The loan was fully non-recourse to the buyer; pricing was at par.

PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following land and predevelopment loan, secured by what will be the first outlet mall in NYC’s history.

Property Description: 37+/- Acres of Prime Waterfront Land

Loan Amount: $21,180,000

Term: 12 Months

Amoritazation: Interest Only Use Of Funds: Retirement of Existing Debt,Interest Reserve, Predevelopment Funds, Closing Costs

PARADIGM FUNDING GROUP LLC is pleased to announce the closing of The Millwood Shopping Center located in Westchester County, NY.

Loan Amount: $9,000,000Term: 10 YearsAmortization: Full Term Interest OnlyLender Fee: None

TI/LC Reserves Capped at 3 YearsClient

PARADIGM FUNDING GROUP LLC is pleased to announce the closing of the following loan for the construction of a seven story, 92 unit residential condominium building featuring tennis courts and a swimming pool.

His development is the first of its kind in Monticello, NY

Loan amount: $17,100,000

Lender fee: .75%

This loan closed in 90 days from issuance of a term sheet.

Paradigm Commercial Real Estate LLC,

though its subsidiary, Senior Care Capital,

is pleased to announce the closing of a $25,000,000 construction-to-permanent loan, secured by an existing 527 bed skilled-nursing facility in Queens, NY. The loan features a 5 year construction period, with a 25 year permanent loan to follow, for a total of 30 years.

The extended construction period was negotiated in order to minimize the interruption of the operations. The facility, owned by a not-for-profit, benefited from a loan that is non-recourse to the foundation, or any of its members.

Paradigm Commercial Real Estate

announces the closing of

Loan Amount: $41,500,000

Property Description: 2 Six Story Elevator Buildings totaling

134 residential Units and ground floor retail, spanning the entire

Amsterdam Avenue blockfront between 92 / 93 Street, NYC.

Term: 5 years

Recourse: NA

Paradigm Commercial Real Estate is pleased to announce the closing of 3 loans totaling $17,000,000, as follows;

$10,000,000 secured by a skilled nursing facility in Texas.

$4,000,000 and $3,000,000, both of which are secured byaccounts receivables of 2 Skilled Nursing Facilities in NYS. $4,000,000 and $3,000,000, both of which are secured by accounts receivables of 2 Skilled Nursing Facilities in NYS.

Michael Edery, principal of Paradigm Commercial Real Estate LLC, is pleased to announce the formation of Paradigm Commercial Real Estate, a full service Commercial Real Estate Sales Division, hat will be headed by Sam Stern.

Prior to joining Paradigm, Stern was the CFO of a boutique real estate firm, which had a primary focus on the acquisition of triple net leased properties.

Stern has a BA from one of New York’s prestigious colleges.

Paradigm Commercial Real Estate LLC is pleased to announce that we have financed the acquisition of the land, for a to-be-built outlet center – the first of it’s kind – in the history of New York City.

This acquisition represents the first of a three phase assemblage of land, upon which will sit a 405,000± square foot, waterfront outlet mall,

which will feature a promenade, outdoor eateries, play areas, etc. The loan funded in 5 days from application, and represented a loan to total capitalization ratio of 87.46%.

Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following transactions:

$15,991,000 – Two tranche loan secured by age restricted HUD/HAP housing located in Connecticut

$3,300,000 – 1st mortgage secured by a 6 story, elevator, multi-family building located in Bronx, NY

$2,300,000 – 1st mortgage secured by a 2 story, elevator, mixed-use retail/commercial building located in Yonkers NY

Loan sale advisory for a defaulted loan portfolio, secured by commercial real estate located in New York City, NY

Paradigm Commercial Real Estate LLC announced the closing of a $175 million refinance package, secured by 11 multi-family / retail buildings located in Manhattan, and one in Brooklyn.

The package, for which three regional banks were used, facilitated an enormous cash-out for the borrower, while securing long term, interest-only debt, with favorable rates, and declining prepayment penalties.

Among the package, were iconic buildings located on an entire Amsterdam Avenue block, on Manhattan’s Upper West Side.

The borrowers were individual LLC’s owned by AC Partners, and the lenders were NYCB, Signature and Western Bank.

Among the 11 properties included in the package are 668 Amsterdam Avenue, 452 Ninth Avenue and 480 Humboldt Street, Brooklyn.

Paradigm Commercial Real Estate LLC Is pleased to announce the closing of the following loan for a property located on First Avenue in NYC.

Property Description: 2, Six Story Walk-up Apartment Buildings Totaling 66 Units and 12 Ground Level Retail Stores

Loan amount: $13,000,000

Lender fee : N/A

Paradigm Commercial Real Estate LLC Is pleased to announce the closing of a $78,750,000 loan secured by 4 NYC apartment buildings.

The fully non-recourse loans were interest only, and provided the client with significant cash out.

Paradigm Commercial Real Estate LLC Is pleased to announce the closing of the following loan for a property located in Brooklyn, New York.

Property Description: Six Storey Elevator Apartment Building

Loan amount: $13,500,000

Term: 5 Years + 5 Year Option, First 2 Years Interest Only

Subsequent Years = 30 Year Amoritazation

Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan for a property located in Brooklyn Heights, New York.

Property Description:

Six Story Elevator, Multifamily Building With 42 units

Loan amount: $10,000,000

Location: Brooklyn HeightsAmortization: Full Term Interest Only

Lender Fee: Par

Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan for a property located in Pittstown, PA:

Property Description:10 Story Elevator Apartment Building with 120 residential units

This property is subject to an annual HUD/HAP contract for all of the units.

Loan Amount: $2,900,000

Term: 10 Years

Lender Fee: Par

Amortization: Full term interest only

Paradigm Commercial Real Estate LLC is pleased to announce the closing of the following loan in White Plains, NY

Property Type:Underlying Cooperative Loan on 2, four story elevator apartment buildingsLoan amount: $3,600,000

Term: 15 yearsAmortization: Interest OnlyBank Fee: Par