Paramount Group, Inc. is a real estate investment and management firm with in-house expertise in asset management, property management, leasing, acquisition, repositioning, redevelopment and financing. Established in 1978 by Werner Otto, Paramount is one of the largest privately-owned real estate companies headquartered in New York City. Over several decades and numerous market cycles, Paramount has provided first class properties, services and amenities to its tenants. Albert Behler, President and CEO, has led Paramount since 1991 and, along with a seasoned, committed and proven management team, has assembled the company’s current 16.5 million-square-foot portfolio of high quality, Class A office building investments, a retail property as well as debt and equity investments in New York, Washington, D.C. and San Francisco presently valued in excess of $11 billion. Since 2003, Paramount has sponsored a series of eight funds and is consistently generating attractive returns for its investors. Paramount’s Senior Management professionals have been in the commercial real estate industry for an average of 31 years and with the company an average of 18 years. The company has established a reputation as a market leader in sustainability and has been recognized extensively for reducing its portfolio’s energy usage. To date, Paramount Group boasts a substantial reduction in greenhouse gas emissions. The company is at the forefront of utilizing innovative technologies such as real-time energy monitoring and participating in an automated demand response program. Most of the portfolio has received an Energy Star Certificate and Paramount has increased its portfolio-wide Energy Star rating by 10 %. The company’s recognition has not been limited to sustainability efforts. Paramount has received numerous BOMA awards, LEED certifications and other awards of excellence across the industry. Paramount’s expert management and dedicated support of various community outreach programs contributes to its global recognition as a real estate industry leader.
Office |
Retail |
Residential Income |
JV partnership |
Acquisition/Fee Simple |
Performing/Non-performing loans |
Loan Assumptions |
Value-add |
Development |
> $50,000,000 |