Added to YB: 2025-12-17
Pitch date: 2025-12-14
PGRE [neutral]
Paramount Group, Inc.
-0.3%
current return
Author Info
Company Info
Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco.
Market Cap
$1.5B
Pitch Price
$6.61
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.18
P/E
-14.82
EV/Sales
8.65
Sector
Office REITs
Category
special_situation
Weird Events, Part 2: Some quick hits $PGRE
PGRE (quick overview): Rithm deal at $6.60/share closing Dec 19th vs rejected Sponsor A bid at $6.95/share with 'substantially less favorable terms' & financing uncertainties. Board previously chose lower Rithm bid for closing certainty over Sponsor A's $7.15 offer due to equity/enforceability issues.
Read full article (2 min)