US69924R1086 - REIT
PARAMOUNT GROUP INC
NYSE:PGRE (4/26/2024, 7:09:51 PM)
After market: 4.67 0 (0%)4.67
+0.05 (+1.08%)
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 326 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.
PARAMOUNT GROUP INC
1633 Broadway Ste 1801
New York City NEW YORK 10019
P: 12122373100
CEO: Albert Behler
Employees: 326
Website: https://www.pgre.com/
With interest rates still high, and as the commercial real estate crisis continues, give back the keys with these seven REITs to sell.
Paramount (PGRE) reports Q4 earnings with FFO beating expectations and revenue surpassing estimates.
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