JDRF Champions Development of Artificial Pancreas

A resident of Cresskill, New Jersey, David Kushner serves as president of Paradigm Capital Group, a firm he co-founded in 1989. Paradigm works with a variety of commercial clients to supply bridge mortgage and other loans. David & Nanci Kushner’s philanthropy in his Cresskill community and beyond includes his long-standing support of the Juvenile Diabetes Research Foundation, which funds live-saving investigations into the causes and treatments of type 1 diabetes in children and adults.

In type 1 diabetes, the pancreas abruptly ceases to manufacture its own insulin, and patients become dependent on daily blood-sugar-level tests and injections or infusions. Management of the condition then becomes a daily battle.

Among the exciting and innovative projects funded by the JDRF is research into the creation of an artificial pancreas is. This work has yielded precursor systems that can monitor a patient’s blood glucose levels and respond by automatically suspending infusions of insulin as needed. 

The JDRF has continued to devote its efforts to expand this work into the development of sophisticated devices that can measure glucose levels and deliver a faster-acting form of insulin.

In 2016, the organization celebrated the Food and Drug Administration’s approval for the artificial pancreas marketed as the Medtronic MiniMed 670G. The device, which is the size of a cell phone, consists of a subdermal glucose meter, along with an insulin pump that is strapped to the patient’s body and is capable of delivering correct dosages using a catheter and patch.

The Purpose of a Commercial Bridge Loan

Cresskill, New Jersey's David Kushner serves as president of Paradigm Capital Group. Facilitating mortgage transactions, David Kushner of Cresskill and his team of financial experts provide a variety of financial solutions, such as foreclosure workouts, bankruptcy resolutions, and bridge loans.

Commercial bridge loans, short-term real estate financing solutions provided through flexible loan agreements, are used until a sale or refinancing is possible. Bridge loans are not permanent financial solutions, but they enable the purchase of commercial property and completion of significant upgrades or renovations.

Bridge loans may also be used if borrowers are not yet able to secure permanent financing. Commercial bridge loans are commonly used for purchasing or refinancing hotels, office buildings, multifamily housing, raw land, and retail property.

A typical repayment term for a bridge loan is between three months and three years. At that time, the property is either sold or refinanced with permanent financing.

Alpine Country Club Offers Multiple Ways To Improve Your Swing

Residing in Cresskill, New Jersey, David Kushner currently manages equity investments and mortgage lending as president of Paradigm Capital Group in New York. In his leisure time, David Kushner enjoys using his membership at the Alpine Country Club in Demarest, New Jersey.

The Alpine Country Club is a state-of-the-art facility with numerous options for perfecting your swing. The most technologically-advanced feature is the indoor golf simulator, which allows the participant to play a virtual 18 holes on more than 30 different golf course designs. More than just a video game, the golf simulator collects data like swing speed, launch angle, spin rate, club head speed, and distance to help you improve your technique. It even films your swing from different angles for later viewing.

The outdoor driving range is equipped with 18 hitting stations and there is also two putting greens and one chipping green for additional practice. If you want to focus on your short game, Alpine Country Club offers an additional short game training area that includes a large green with two bunkers, a fairway, and rough areas to improve short game swings.

200 Club of Bergen County Membership Supports Service Personnel

The president of Paradigm Capital Group in New York City, David Kushner of Cresskill, New Jersey, oversees the provision of bridge loans to borrowers across the country and facilitates solutions for immediate financing needs. Cresskill resident David Kushner also belongs to the 200 Club of Bergen County, which supports local police, fire, and emergency service personnel and their families. 

The organization recognizes the efforts of public service personnel, engages in fundraising to support their families, and raises money for equipment and educational programs. Membership helps advance the organization’s goals and enables members of the public to give back to community. Individuals must uphold the highest standards of citizenship and live a life consistent with the 200 Club’s mission in order to maintain membership. 

All members of the public are eligible to join the 200 Club. To do so, submit a completed application form along with the annual membership fee of $250. New members receive a 200 Club membership card and car decal as well as a membership plaque upon request. Additionally, they receive email notifications about announcements and upcoming events.

JDRF’s One Walk Has Built a Nationwide Presence

Business executive and community philanthropist David Kushner of Cresskill, New Jersey, serves as president of commercial bridge loan company Paradigm Capital Group. In addition to bridge loans, the New York City-based firm focuses on real estate acquisitions. Away from the office, Cresskill's David and Nanci Kushner continue their support of nonprofit organizations such as the Juvenile Diabetes Research Foundation (JDRF) and other groups focused on health and wellness.

For more than four decades, the JDRF has worked to fund research into the causes, effective treatments, and potential cures for Type 1 (“juvenile” or “insulin-dependent”) diabetes. While medical research has shown that a cure may be many years away, the JDRF’s efforts have improved treatment modalities for people with the condition worldwide. The group maintains an ongoing commitment to funding developments in the prevention of the disease as well as its complications.

The JDRF’s annual One Walk brings together a community of committed individuals to raise monies to further the cause. With close to one million participants, the event draws greater support than any other of its kind in the world, fostering a strong sense of community among walkers and their sponsors and supporting volunteers.

Hundreds of local JDRF One Walk events take place every year. Interested potential walkers and other supporters can visit the JDRF website to learn more, or to register for an upcoming event.

David Kushner: Outside of the Office

David Kushner is a very busy professional, but he has a number of outside interests that he enjoys in his spare time. David Kushner likes the sport of basketball, and as a person who lives in northern New Jersey about a half hour from New York City by car, he can go the Knicks games in person, and he can also travel to Brooklyn to see the Nets. There are a number of major colleges in the area, so he can attend their games as well whenever he has the inclination. In addition to his enjoyment of basketball, he is also a football enthusiast, so he can take in Giants and Jets games during the pigskin season.

Watching sports is a lot of fun, but many people would say it is even more enjoyable to play them yourself. David Kushner is into golf, and a round of golf can be a good source of exercise as you socialize with your friends. Tennis is another area of interest for him, and this sport provides an even more intensive workout.

He likes the theater, and he lives in the perfect place considering the fact that New York City is considered by many to be the theater capital of the country. When you have been successful, you have the opportunity to invest in things that you like, so David Kushner is in a position to indulge his love for cars as well. His other interests include reading, photography, the practice of yoga, Pilates, and spinning.

The Basics of Long-Term, Property-Backed CMBS Loans

David Kushner, an established business leader who lives in Cresskill, New Jersey, serves as the president of Paradigm Capital Group in New York City, where he arranges quick, reliable financing of commercial real estate projects. One of the areas in which executive David Kushner of Cresskill has extensive knowledge is commercial mortgage-backed security (CMBS) loans.

A low-cost type of equity, CMBS loans are ideal for owners of properties who are seeking recapitalization of an existing cash-flowing asset. Among the key consideration of CMBS loans are that they have fixed rates and are long term by nature. CMBS loans are not designed for flexibility.

Available as five- to 10-year notes, CMBS loans represent a pooling of loans into securities, with real estate assets serving as collateral. For this reason, paying back the loan before maturity can prove a costly undertaking because investors are guaranteed to receive income throughout the life of the loan.

New JDRF-Funded Research on Type 1 Diabetes

A longtime Cresskill, New Jersey, executive, David Kushner serves as president of Paradigm Capital Group, where he directs bridge financing transactions across the country. Active in his Cresskill community, David Kushner supports the Juvenile Research Diabetes Foundation, or JDRF.

Focused on ending type 1 diabetes (T1D), JDRF is a nonprofit with a strong research focus. In July, several JDRF-funded researchers presented at the American Diabetes Association’s 77th Scientific Sessions conference, which stands as the largest such event in the world. Among the JDRF projects highlighted was a landmark trial of imatinib (Gleevec) that explored the cancer drug’s potential against newly diagnosed T1D progression.

Undertaken by University of California, San Francisco, researchers, the phase 2 trial showed the drug to be effective in slowing T1D progression and in working to counter insulin production deficiencies among adults. On average, those who took the medication enjoyed improved beta cell function and required fewer insulin treatments, which points toward new treatment pathways for a challenging disease.

High Sugar Intake During Pregnancy Linked to Increased Risk of Asthma

A resident of Cresskill, New Jersey, David Kushner manages equity investments as the president of New York's Paradigm Capital Group. In addition to his work with Paradigm, David Kushner of Cresskill is an avid golfer who participates in the annual Fund to Cure Asthma golf tournament. 

Asthma is an inflammatory medical condition that causes coughing, tightness in the chest, and shortness of breath. Although the cause of asthma isn't known, a recent study conducted by researchers at the University of London found that women who eat excessive amounts of sugar during pregnancy can double their chances of having children who will develop asthma.

The researchers, who polled nearly 9,000 pairs of mothers and children dating back to the 1990s, subsequently compared the 20 percent of mothers who consumed more than 5 teaspoons of sugar per day to the 20 percent of mothers who had the least amount of sugar. The results showed that the children of mothers in the top 20 percent had a one in five chance of experiencing asthma at some point in their lives, while the children of mothers in the bottom 20 percent had a one in 10 chance of developing the inflammatory disease. Lead researcher Professor Seif Shaheen said the research team hopes to develop a trial in order to test whether it can prevent asthma by reducing sugar consumption among pregnant mothers.

Culinary Traditions in Italy’s Piedmont Region

David Kushner is a Cresskill, New Jersey, executive who serves as head of the Paradigm Capital Group and facilitates commercial loans that enable projects to go forward. An avid traveler, David Kushner enjoys excursions to Europe with his wife and has a particular interest in exploring food in the regions of Italy he visits. 

The hilly Piedmont region north of Milan is known for a distinctive cuisine that is savory and provides a perfect counterpart to the tannin-rich heavy Nebbiolo wines. Of note are the Tartufo Bianco d’Alba (Alba white truffle), as well as Bagna Cauda, a garlic and anchovy fondue with olive oil as its basis. Kept warm over a flame throughout the duration of the meal, the dish would traditionally be positioned at the center of the table, surrounded by the food and wine. 

Local Piedmont beef is known throughout the world for quality, with lean razza bovina piemontese featuring low cholesterol content, while retaining tenderness and succulence. Served raw, carne cruda can be thinly sliced or as a ground beef dish combined with lemon juice, garlic, and salt and pepper. It goes well as an antipasto starter with wines such as Barbera and Dolcetto.

David Kushner of Cresskill Guides Commercial Bridge Loan Transactions

David Kushner (Cresskill)

A Cresskill, New Jersey, entrepreneur, David Kushner heads the Paradigm Capital Group and facilitates commercial real estate bridge loans. Cresskill resident David Kushner has undertaken a number of significant developments, including the acquisition of a nearly 10-acre site for waterfront development in Newburgh, New York.

The $4.5 million first mortgage funded the acquisition of a development site spanning the Newburgh-Beacon Ferry Terminal and a marina that is zoned for 814,000 square feet of mixed use space. The first phase of the development will encompass retail, parking, and residential units.

Asked about the transaction, Mr. Kushner expressed excitement at the opportunity, and pointed out that the local market has been trending upward over the medium term. He believes that Orange County is well-positioned for further expansion.

Another high-profile transaction involved Paradigm Capital Group funding a $1 million first mortgage on a co-op on Manhattan’s Upper East Side, at One Carnegie Hill. The unit has undergone extensive renovations, with features including copper ceilings, recessed LED lighting, aluminum baseboards, and hardwood flooring.

Cresskill Real Estate Entrepreneur David Kushner

From his headquarters in Cresskill, New Jersey, real estate entrepreneur David Kushner leverages substantial professional experience and his formal education in business at Syracuse University to manage operations of Paradigm Capital Group, LLC, which he cofounded. Working alongside his team in Cresskill, he primarily takes responsibility for the origination of funding for the mortgages the company creates and ensures that these mortgages are paid off. Paradigm’s funding of a first mortgage for $4.5 million to acquire a waterfront development site spanning 9.67 acres in Newburgh, New York, constitutes an example of the transactions David Kushner oversees.

Away from work, Mr. Kushner is a keen sportsman who engages in regular activity to maintain his physical fitness; in addition to daily workouts on a Peloton bike, he boxes at least once a week. Furthermore, he is a member and past president of Northern Bergen County’s Alpine Country Club, where he plays golf regularly.

Enabling Complex Bridge Loans to Go Forward

Based in Cresskill, New Jersey, David Kushner serves as Paradigm Capital Group president and is responsible for ensuring the quick, reliable closing of commercial real estate bridge loans. David Kushner and his Cresskill colleagues enable loans of between $1 and $10 million and have overseen a number of high-profile transactions across the United States.

Mr. Kushner’s achievements with Paradigm include arranging funding for a $2.3 million mortgage for a 6,800 square foot luxury property. Situated within Ventnor City, New Jersey’s historic St. Leonard’s Tract, the eight-block oceanside community was first mapped in the late 19th century. It is limited through deed restrictions to single family homes with large lot sizes and abundant open spaces.

As Mr. Kushner described it, Paradigm was successful in navigating the “many moving parts” of the transaction, which was secured through a mortgage on a single-family Hallandale Beach, Florida, luxury investment property. With the transaction appearing likely to fall through, a competitive loan was arranged and closed within a month.