Paramount Group

Paramount Group, Inc. is a real estate investment and management company. It owns, operates, manages, acquires and redevelops office properties in central business district submarkets of New York, District of Columbia and San Francisco. The company operates through the following geographical segments: New York, San Francisco and Washington. Paramount Group was founded by Werner Otto in 1978 and is headquartered in New York, NY.

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Paramount Group exceeds Q1 earnings expectations, eyes strategic growth

Paramount Group delivered strong financial performance, demonstrating resilience in leasing and maintaining a solid liquidity position. The company faces challenges related to market volatility and shareholder expectations, but is well-positioned to capitalize on potential investment opportunities. With a disciplined approach to growth and risk management, Paramount Group remains focused on long-term sustainability and value creation.

Paramount Group reports Q2 earnings, showcases proactive management amidst challenges

Paramount Group's Q2 performance was impacted by non-cash write-offs and an impairment loss, but the company showcased proactive management in retaining occupancy and rental revenue. While facing challenges such as portfolio performance and debt maturities, the company's liquidity position and negotiation of cash flow loans present opportunities for future growth and flexibility.

Paramount Group meets Q3 expectations amidst market challenges and opportunities

Paramount Group's Q3 performance met expectations, with strong leasing activity in key markets. However, economic uncertainty and market challenges persist, necessitating a prudent approach to capital deployment. The company's focus on tenant relationships and debt management presents opportunities for stability and cost savings.

Paramount Group reports robust earnings, eyes growth amid market challenges

Paramount Group's strong financial performance, strategic decisions on assets, and emphasis on tenant experience and relationships with lenders position the company for growth. Challenges in certain markets and the need for cautious capital allocation are being addressed proactively.

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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. It operates through the New York and San Francisco geographical segments. The company was founded by Werner Otto in 1978 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 today and reported results for the first quarter ended March 31, 2024. First Quarter Highlights: Results of Operations: Reported net income attributable to common stockholders of $9.9 million, or $0.05 per diluted share, for the quarter ended March 31, 2024, compared to $1.7 million, or $0.01 per diluted share, for the quarter.

Paramount Announces First Quarter 2024 Results

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Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Paramount Group (PGRE) and EastGroup Properties (EGP). But which of these two stocks offers value investors a better bang for their buck right now?

PGRE or EGP: Which Is the Better Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Paramount Group (PGRE) Right Now?

NEW YORK--(BUSINESS WIRE)--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, 2024 with the U.S. Securities and Exchange Commission and release its first quarter 2024 financial results on Wednesday, May 1, 2024 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, May 2, 2024 at 10:00 a.m. Eastern Time (ET),.

Paramount Announces Release Date for First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) is proud to announce that it has achieved the 2024 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. Paramount was honored among a select group of organizations for the company's contributions to energy efficiency and the transition to a clean energy economy. ENERGY STAR award winners are recognized for demonstrating sustainabili.

Paramount Earns 2024 ENERGY STAR® Partner of the Year Award

Should Value Investors Buy Paramount Group (PGRE) Stock?

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Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Paramount Group (PGRE) or Omega Healthcare Investors (OHI). But which of these two stocks is more attractive to value investors?

PGRE vs. OHI: Which Stock Is the Better Value Option?

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has signed a 74,000 square foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan. With this lease signing, the Company has made further progress leasing vacant space at 1301 Avenue of the Americas. “We are delighted to welcome Citizens Bank to 1301 Avenue of the Americ.

Paramount Signs 74,000 Square Foot Lease at 1301 Avenue of the Americas

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Orion Office REIT

Office Properties Income Trust

Shares in real estate investment trusts have bounced back in recent months, but as the commercial real estate space remains in a tough spot, there are still plenty of stocks in this category best described as REITs to sell. The main reason for this all has to do with the macro environment.

7 REITs to Sell in March Before They Crash & Burn

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from January 1, 2024 to March 31, 2024. The dividend will be payable on April 15, 2024, to stockholders of record as of the close of business on March 28, 2024. About Paramount Group, Inc. Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate inve.

Paramount Declares Regular Quarterly Dividend

Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Paramount Group (PGRE) or Omega Healthcare Investors (OHI). But which of these two stocks offers value investors a better bang for their buck right now?

PGRE or OHI: Which Is the Better Value Stock Right Now?

Paramount Group's stock has dropped 70% in the past five years with the REIT now swapping hands for 5.8x its 2024 core FFO guidance. The office REIT has a high-quality tenant base, including JPMorgan, Google, and Morgan Stanley. However, PGRE is facing salient risks from declining occupancy rates and lower asking rents on new leases.

Paramount Group: Blue Chip Tenants And Rock Bottom Valuation

Is Paramount Group (PGRE) Stock Undervalued Right Now?

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Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Paramount Group (PGRE) and COPT Defense (CDP). But which of these two stocks is more attractive to value investors?

PGRE vs. CDP: Which Stock Is the Better Value Option?

Paramount Group, Inc. (PGRE) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2023 today and reported results for the fourth quarter ended December 31, 2023. Fourth Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $205.6 million, or $0.95 per diluted share, for the quarter ended December 31, 2023, compared to $37.9 million, or $0.17 per diluted share, for the qu.

Paramount Announces Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that, together with its joint venture partner, it has modified and extended the existing mortgage loan at One Market Plaza, a 1.6 million square-foot two-building trophy asset in the South Financial District of San Francisco. The existing $975 million loan, which bears interest at a fixed rate of 4.03%, was scheduled to mature on February 6, 2024. In connection with the modification, the.

Paramount Modifies and Extends Loan at One Market Plaza

NEW YORK--(BUSINESS WIRE)--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, 2023 with the U.S. Securities and Exchange Commission and release its fourth quarter 2023 financial results on Wednesday, February 14, 2024 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, February 15, 2024 at 10:00 a.m. Eastern T.

Paramount Announces Release Date for Fourth Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today announced the 2023 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. Common Shares (CUSIP #69924R108) Record Date   Payable Date   Total Dividends Per Share     Total Dividends Allocable to 2023     2023 Taxable Ordinary Dividends (1)     Total Capital.

Paramount Announces Tax Treatment of 2023 Common Stock Dividends

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Since November, excitement about lower interest rates has boosted interest-rate-sensitive stocks like real estate investment trusts (or REITs). However, as rate cut enthusiasm cools, now may be the time to determine what REITs to sell.

7 REITs to Sell in January Before They Crash and Burn

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it achieved a 5 Star rating in the 2023 GRESB Real Estate Assessment. Maintaining the highest GRESB rating for the fifth consecutive year is an impressive feat, especially given that survey participation increased in 2023 by 15% to include 2,084 listed and non-listed portfolios across 75 countries. Paramount was a top performer within both the Management and Performance scoring cate.

Paramount Achieves GRESB 5 Star Rating for Fifth Consecutive Year

Paramount Group, Inc. (PGRE) Q3 2023 Earnings Call Transcript

Paramount Group (PGRE) came out with quarterly funds from operations (FFO) of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.24 per share a year ago.

Paramount Group (PGRE) Meets Q3 FFO Estimates

NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results for the third quarter ended September 30, 2023. Third Quarter Highlights: Results of Operations: Reported net loss attributable to common stockholders of $8.4 million, or $0.04 per diluted share, for the quarter ended September 30, 2023, compared to $1.5 million, or $0.01 per diluted share, for th.

Paramount Announces Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--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 September 30, 2023 with the U.S. Securities and Exchange Commission and release its third quarter 2023 financial results on Wednesday, November 1, 2023 after the end of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, November 2, 2023 at 9:00 a.m. Easter.

News for Paramount Group Stock (PGRE)