Paramount Group (Real Estate Investment Trusts (REITs)) Overview
- Year Founded
-
1978
- Status
-
Public
- Employees
-
329
- Stock Symbol
-
PGRE
- Investments
-
7
- Share Price
-
$4.92
- (As of Wednesday Closing)
Paramount Group (Real Estate Investment Trusts (REITs)) General Information
Description
Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district (CBD) submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants.
Contact Information
Website
www.pgre.comCorporate Office
- 1633 Broadway
- New York, NY 10019
- United States
Corporate Office
- 1633 Broadway
- New York, NY 10019
- United States
Paramount Group (Real Estate Investment Trusts (REITs)) Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $4.92 | $4.86 | $4.06 - $5.92 | $1.06B | 217M | 952K | -$0.98 |
Paramount Group (Real Estate Investment Trusts (REITs)) Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 5,279,460 | 5,407,173 | 5,424,330 | 6,040,508 |
| Revenue | 757,937 | 742,788 | 740,377 | 726,786 |
| EBITDA | 105,302 | 12,701 | 340,119 | 368,059 |
| Net Income | (211,889) | (259,744) | (36,403) | (20,354) |
| Total Assets | 7,901,864 | 8,006,215 | 8,453,254 | 8,494,562 |
| Total Debt | 3,672,103 | 3,803,484 | 3,840,318 | 3,835,620 |
Paramount Group (Real Estate Investment Trusts (REITs)) Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Paramount Group (Real Estate Investment Trusts (REITs)) Comparisons
Industry
Financing
Details
Paramount Group (Real Estate Investment Trusts (REITs)) Competitors (12)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Boston Properties | Corporation | Boston, MA | ||||
| AIR Communities | Private Equity-Backed | Denver, CO | ||||
| Equity Residential | Corporation | Chicago, IL | ||||
| Empire State Realty Trust | Corporation | New York, NY | ||||
| Douglas Emmett | Corporation | Santa Monica, CA |
Paramount Group (Real Estate Investment Trusts (REITs)) Executive Team (7)
| Name | Title | Board Seat |
|---|---|---|
| Albert Behler | Chief Executive Officer, President & Chairman | |
| Wilbur Paes | Chief Operating Officer, Executive Vice President, Chief Financial Officer & Treasurer | |
| Ermelinda Berberi | Chief Accounting Officer, Accounting & Senior Vice President | |
| Todd Januzzi | Senior Vice President and Chief Information and Technology Officer | |
| James Canedy MD | Founder & President |
Paramount Group (Real Estate Investment Trusts (REITs)) Board Members (13)
| Name | Representing | Role | Since |
|---|---|---|---|
| Paramount Group (Real Estate Investment Trusts (REITs)) | Chief Executive Officer, President & Chairman | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
Paramount Group (Real Estate Investment Trusts (REITs)) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Paramount Group (Real Estate Investment Trusts (REITs)) Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Paramount Group (Real Estate Investment Trusts (REITs)) Investments (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Paramount Plaza | 01-Nov-2014 | Buildings and Property | |||
| 300 Mission Street | 10-Sep-2014 | Buildings and Property | |||
| Liberty Place (Washington DC) | 23-Jun-2011 | Buildings and Property | |||
| Paramount Plaza | 18-Apr-2011 | Buildings and Property | |||
| One Market Plaza | 03-Jul-2007 | Corporate Asset Purchase | Buildings and Property |
Paramount Group (Real Estate Investment Trusts (REITs)) ESG
Risk Overview
Risk Rating
Updated January, 20, 2024
6.45 | Negl Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Real Estate
Industry
of 1,030
Rank
Percentile
REITs
Subindustry
of 427
Rank
Percentile
Paramount Group (Real Estate Investment Trusts (REITs)) Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Liberty Place (Washington DC) | 23-Jun-2011 | Completed |
|
||
| 32 Old Slip | 01-Jan-1995 | Buyout/LBO | Completed |
Paramount Group (Real Estate Investment Trusts (REITs)) FAQs
-
When was Paramount Group (Real Estate Investment Trusts (REITs)) founded?
Paramount Group (Real Estate Investment Trusts (REITs)) was founded in 1978.
-
Who is the founder of Paramount Group (Real Estate Investment Trusts (REITs))?
H.C. Otto and James Canedy MD are the founders of Paramount Group (Real Estate Investment Trusts (REITs)).
-
Who is the CEO of Paramount Group (Real Estate Investment Trusts (REITs))?
Albert Behler is the CEO of Paramount Group (Real Estate Investment Trusts (REITs)).
-
Where is Paramount Group (Real Estate Investment Trusts (REITs)) headquartered?
Paramount Group (Real Estate Investment Trusts (REITs)) is headquartered in New York, NY.
-
What is the size of Paramount Group (Real Estate Investment Trusts (REITs))?
Paramount Group (Real Estate Investment Trusts (REITs)) has 329 total employees.
-
What industry is Paramount Group (Real Estate Investment Trusts (REITs)) in?
Paramount Group (Real Estate Investment Trusts (REITs))’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Paramount Group (Real Estate Investment Trusts (REITs)) a private or public company?
Paramount Group (Real Estate Investment Trusts (REITs)) is a Public company.
-
What is Paramount Group (Real Estate Investment Trusts (REITs))’s stock symbol?
The ticker symbol for Paramount Group (Real Estate Investment Trusts (REITs)) is PGRE.
-
What is the current stock price of Paramount Group (Real Estate Investment Trusts (REITs))?
As of 09-Oct-2024 the stock price of Paramount Group (Real Estate Investment Trusts (REITs)) is $4.92.
-
What is the current market cap of Paramount Group (Real Estate Investment Trusts (REITs))?
The current market capitalization of Paramount Group (Real Estate Investment Trusts (REITs)) is $1.06B.
-
What is Paramount Group (Real Estate Investment Trusts (REITs))’s current revenue?
The trailing twelve month revenue for Paramount Group (Real Estate Investment Trusts (REITs)) is $758M.
-
Who are Paramount Group (Real Estate Investment Trusts (REITs))’s competitors?
Boston Properties, AIR Communities, Equity Residential, Empire State Realty Trust, and Douglas Emmett are some of the 12 competitors of Paramount Group (Real Estate Investment Trusts (REITs)).
-
What is Paramount Group (Real Estate Investment Trusts (REITs))’s annual earnings per share (EPS)?
Paramount Group (Real Estate Investment Trusts (REITs))’s EPS for 12 months was -$0.98.
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