Paramount Group Inc is a real estate investment trust (REIT) that specializes in owning, operating, and managing high-quality office properties in key urban markets, primarily focused on New York City and San Francisco. The company is dedicated to creating value through strategic acquisitions, property development, and effective leasing strategies, while maintaining a commitment to sustainability and tenant satisfaction. By investing in premium commercial real estate, Paramount aims to deliver attractive returns for its shareholders while fostering vibrant work environments in its properties. Read More
The Ademi Firm is investigating Paramount (NYSE: PGRE) for possible breaches of fiduciary duty and other violations of law in its transaction with a Rithm Capital.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paramount Group, Inc. (NYSE: PGRE) to Rithm Capital Corp. for $6.60 per share is fair to Paramount shareholders.
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Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today the successful completion of a $900 million refinancing of 1301 Avenue of the Americas, a 1.8 million square-foot Class A office building, located between 52nd and 53rd Streets in the heart of Midtown Manhattan. The refinancing was supported by recent leasing momentum, which brought leased occupancy to over 97%, a reflection of the building’s leading market position.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 today and reported results for the second quarter.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2025 with the U.S. Securities and Exchange Commission and release its second quarter 2025 financial results on Wednesday, July 30, 2025 after the end of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that its Board of Directors has initiated a review and evaluation of strategic alternatives to maximize shareholder value. The announcement follows a successful first quarter marked by strong leasing activity.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has sold a 25% interest in One Front Street, a 649,000 square foot Class A office building located on the corner of Front and Market Streets in San Francisco, at a gross asset valuation of $255 million. Paramount will continue to own the remaining 75% interest and manage and lease the property. As part of the transaction, Paramount has provided $40.5 million of seller financing for a two-year term at a fixed rate of 5.50%. The Company retained net proceeds of $11.5 million from the sale, after transaction and other costs.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has signed a 121,000 square foot, 16.5 year lease with Benesch, Friedlander, Coplan & Aronoff LLP (“Benesch”) at 1301 Avenue of the Americas, a 1.8 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan. Of the 121,000 square feet, approximately 30,000 square feet is short term.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 today and reported results for the first quarter.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2025 with the U.S. Securities and Exchange Commission and release its first quarter 2025 financial results on Wednesday, April 30, 2025 after the end of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2024 today and reported results for the fourth quarter ended December 31, 2024.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and release its fourth quarter 2024 financial results on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property.
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends.
