Paramount Group, Inc. is a real estate investment and management company, which engages in the ownership, operation, management, acquisition, and redevelopment of office properties in central business district submarkets. The company is headquartered in New York City, New York and currently employs 316 full-time employees. The company went IPO on 2014-11-19. The firm conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership). The firm's segments include New York and San Francisco. The company owns and/or manages approximately eight wholly and partially owned properties aggregating 8.7 million square feet in New York; six wholly and partially owned properties aggregating 4.3 million square feet in San Francisco, and four managed properties aggregating 0.8 million square feet in New York and Washington, D.C. The firm also has an investment management business, where it serves as the general partner of real estate funds for institutional investors and high net-worth individuals.
Follow-Up Questions
Who is the CEO of Paramount Group Inc?
Mr. Albert Behler is the Chairman of the Board of Paramount Group Inc, joining the firm since 2014.
What is the price performance of PGRE stock?
The current price of PGRE is $6.55, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Paramount Group Inc?
Paramount Group Inc belongs to Real Estate industry and the sector is Real Estate
What is Paramount Group Inc market cap?
Paramount Group Inc's current market cap is $1.4B
Is Paramount Group Inc a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Paramount Group Inc, including 0 strong buy, 2 buy, 4 hold, 3 sell, and 0 strong sell
