Biography
Paydar specializes in the sale of multi-family properties in Los Angeles. He has served investor clients in a wide variety of multi-housing transactions including financing engagements encompassing the acquisition, recapitalization, bridge and ground-up construction of multi-housing properties, as well as warehouse/distribution, office and retail properties. He has extensive knowledge of the marketplace and strong financial underwriting skills. As a broker on the team of Laurie Lustig-Bower, Mr. Paydar is responsible for contract negotiation, business development, financial analysis, transaction management, market research and marketing.
As part of the team of Laurie Lustig-Bower, Mr. Paydar is committed to serving multi-housing property investors by satisfying their unique needs in acquiring and selling apartment buildings, condominium conversions/reversions, and land for multi-housing development. The Team is composed of five skilled and licensed professionals, who, by creating value through strategy, intellectual capital and a unique, comprehensive marketing process, have handled approximately $8 billion of multi-housing properties in the last seven years alone.
Mr. Paydar has worked in commercial real estate since 1998. Prior to joining CBRE and the team of Laurie Lustig-Bower, Mr. Paydar worked for 12 years at Johnson Capital, a leading national mortgage banking firm, with a focus on arranging debt financing for multi-housing and commercial real estate investments. In the multi-housing arena, Mr. Paydar has financed market-rate, affordable and senior housing resident communities.
Mr. Paydar has placed debt capital via numerous capital sources including Fannie Mae, HUD/FHA, insurance company, CMBS, and national and regional bank lenders. He has originated and closed investment engagements in California, Arizona, Nevada, Washington, Utah, Ohio, Indiana, and Florida.
Mr. Paydar is a graduate of the University of Utah, Salt Lake City, where he earned a Bachelor of Science degree and also pursued graduate studies in business administration. He has also earned the CCIM Institute Certified Commercial Investment Member designation, and has successfully completed the CFA Institute CFA Level I exam.
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