Our Story
Over more than two decades at the intersection of complex real estate transactions and advanced technology initiatives, we observed massive potential go unrealized and technology projects fail for reasons that were often preventable. Parallax was founded to close that gap—bringing together world-class real estate and AI expertise to help firms evolve from where they are to where they want to be with practical, implementable strategies that enable meaningful and measurable progress.
Who We Are
Parallax is led by Josh Panknin, whose background spans military, investment and capital markets experience, and applied AI research. Josh has over a decade of experience in various real estate roles including feasibility, redevelopment, asset management, finance, and CMBS trading at Deutsche Bank, as well as six years in Columbia University’s financial engineering department developing AI, machine learning, and deep learning applications for major U.S. banks, real estate firms, and consulting firms. Josh was also a member of a U.S. Navy Maritime Expeditionary Unit where he commanded armed small-craft boats conducting anti-piracy and anti-terrorism missions on the Horn of Africa off the northern coast of Djibouti and Somalia. This combination positions Parallax at the intersection of domain expertise, engineering rigor, and proven leadership in demanding environments.
Josh has a Bachelor’s degree in Political Science, a Master’s degree in Finance from San Diego State University, a Master’s degree in Real Estate Finance from NYU, and is pursuing a degree in applied mathematics.