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Professional Profile: Paul Fornaby 2009

About

  • Title: President and CEO
  • Company: Commercial Realty Resolution, LLC
  • Location: White Plains and Jericho, N.Y.
  • Birthplace: Yonkers, N.Y.

Family: 2 daughters (17 and 20)
College: Fordham University and Columbia University (MBA)
First job outside of finance: Working in an ASPCA in the South Bronx.
First job in finance or allied field: Collecting rents with my grandfather in an
apartment building in Eastchester
What do you do now and what are you planning for the future? CRR manages
distressed commercial real estate whole loans on behalf of legacy owners and buyers. Our
plans for the future involve raising capital that will allow CRR to co-invest in the
acquisition of non-performing loans.
Hobbies: Tennis, trying to golf, movies, hanging out with my daughters
Favorite book: Ernest Hemingway’s “To Have and Have Not”
Favorite movie: “The In-laws” (the 1979 version with Peter Falk and Alan Arkin)
Person you admire most (outside of family): Warren Buffett
Keys to success: Optimism and consistency of effort
If you had to choose another vocation what would it be? Charter boat skipper on the
island of Tortola