Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Other costs91¢$19.8M
- Income tax9¢$2.1M
Out of $21.9M in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2024
- Dividends paid9¢$22.8M
- Kept or used elsewhere91¢$242.1M
Out of $264.9M of cash from operations.4
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $18.6M5 | $22.7M6 | $28.1M7 | $28.5M8 | $28.4M4 | $21.6M4 | $21.9M4 |
| Operating expenses | $558.0M8 | $569.9M4 | $607.0M4 | $610.1M4 | |||
| Operating income | $121.6M9 | ||||||
| Income before tax | $5.7M8 | -$24.9M4 | -$369.9M4 | -$36.3M4 | |||
| Income tax | $3.1M5 | $312.0K6 | $1.5M7 | $3.6M8 | $3.3M4 | $1.4M4 | $2.1M4 |
| Net income | $9.1M5 | -$36.9M6 | -$24.7M7 | -$20.4M8 | -$36.4M4 | -$259.7M4 | -$46.3M4 |
| Earnings per share | $0.045 | -$0.166 | -$0.117 | -$0.098 | -$0.164 | -$1.204 | -$0.214 |
| Earnings per share (diluted) | $0.045 | -$0.166 | -$0.117 | -$0.098 | -$0.164 | -$1.204 | -$0.214 |
| Shares (weighted, basic) | 218.7M shares8 | 221.3M shares4 | 216.9M shares4 | 217.2M shares4 | |||
| Shares (weighted, diluted) | 218.7M shares8 | 221.3M shares4 | 216.9M shares4 | 217.2M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $339.7M6 | $306.2M7 | $434.5M8 | $524.9M4 | $408.9M4 | $428.2M4 | $375.1M4 |
| Intangible assets | $119.4M7 | $90.4M8 | $68.0M4 | $50.5M4 | |||
| Total assets | $8.8B5 | $8.7B6 | $8.6B7 | $8.5B8 | $8.5B4 | $8.0B4 | $7.9B4 |
| Total liabilities | $3.9B13 | $4.1B5 | $4.0B6 | $4.0B7 | $4.0B8 | $4.0B4 | $3.9B4 |
| Shareholders’ equity | $4.0B13 | $3.8B5 | $3.7B6 | $3.6B7 | $3.6B8 | $3.2B4 | $3.1B4 |
| Shares outstanding | 233.1M shares13 | 227.4M shares5 | 218.8M shares6 | 219.0M shares7 | 216.6M shares8 | 217.4M shares4 | 217.5M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $156.5M5 | $285.4M6 | $237.3M7 | $244.3M8 | $246.6M4 | $277.9M4 | $264.9M4 |
| Depreciation and amortization | $232.5M8 | $232.5M4 | $250.6M4 | $239.5M4 | |||
| Stock-based compensation | $18.6M8 | $19.0M4 | $20.3M4 | $20.1M4 | |||
| Cash from investing | -$103.5M8 | -$152.6M4 | -$160.1M4 | -$109.1M4 | |||
| Dividends paid | $95.0M9 | $93.0M6 | $89.2M7 | $61.3M8 | $67.1M4 | $48.9M4 | $22.8M4 |
| Share buybacks | $102.9M5 | $97.1M6 | $120.0M7 | $63.2M4 | $04 | $04 | |
| Cash from financing | -$76.5M8 | -$173.9M4 | -$58.0M4 | -$110.0M4 | |||
| Dividend per share | $0.405 | $0.406 | $0.377 | $0.288 | $0.314 | $0.184 | $0.074 |
Corporate structure
Paramount Group, Inc. sits at the top of its group. 247 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Paramount Group, Inc.
- Saray Capital (DIFC) Ltd Filed SCHEDULE 13D/A on Paramount Group, Inc., latest Dec 10, 2025 (2 filings since May 20, 2025)
- Cohen & Steers Filed SCHEDULE 13G/A on Paramount Group, Inc., latest Nov 14, 2025 (3 filings since Aug 14, 2025)
- Long Pond Capital, LP Filed SCHEDULE 13G on Paramount Group, Inc., latest May 14, 2025
- BlackRock Filed SCHEDULE 13G/A on Paramount Group, Inc., latest Apr 24, 2025 (5 filings since Feb 3, 2022)
- VANGUARD GROUP INC Filed SC 13G/A on Paramount Group, Inc., latest Feb 13, 2024 (3 filings since Feb 10, 2022)
- NORGES BANK Filed SC 13G/A on Paramount Group, Inc., latest Feb 14, 2023
- Monarch Alternative Capital LP Filed SC 13D/A on Paramount Group, Inc., latest Nov 8, 2022 (3 filings since Feb 25, 2022)
- Paramount Group, Inc. New York, New York
- 111 Sutter Street Holding I GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Holding I LP Subsidiary · Delaware, United States
- 111 Sutter Street Holding II GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Holding II LP Subsidiary · Delaware, United States
- 111 Sutter Street Investor GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Investor LP Subsidiary · Delaware, United States
- 111 Sutter Street Owner GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Owner LP Subsidiary · Delaware, United States
- 111 Sutter Street Paramount I GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Paramount I LP Subsidiary · Delaware, United States
- 111 Sutter Street Paramount II GP LLC Subsidiary · Delaware, United States
- 111 Sutter Street Paramount II LP Subsidiary · Delaware, United States
- 1285 AoA PC Lender GP LLC Subsidiary · Delaware, United States
- 1285 AoA PC Lender LP Subsidiary · Delaware, United States
- 1301 AC Landlord GP LLC Subsidiary · Delaware, United States
- 1301 AC Landlord LP Subsidiary · Delaware, United States
- 1301 AC Member LLC Subsidiary · Delaware, United States
- 1301 Participating GP LLC Subsidiary · Delaware, United States
- 1301 Properties GP LLC Subsidiary · Delaware, United States
- 1301 Properties Owner LP Subsidiary · Delaware, United States
- 1325 AC Member LLC Subsidiary · Delaware, United States
- 1325 Avenue Merger Sub GP LLC Subsidiary · Delaware, United States
- 1325 Avenue Merger Sub LP Subsidiary · Delaware, United States
- 1325 Avenue of the Americas, L.P. Subsidiary · New York, United States
- 1325 Rental GP, L.L.C. Subsidiary · Delaware, United States
- and 221 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Paramount Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $6.7B4 Dec 31, 2024 | $6.7B4 Dec 31, 2023 | −1.4% |
| Real estate investments, at cost | $8.3B4 Dec 31, 2024 | $8.2B4 Dec 31, 2023 | +0.9% |
| Real estate accumulated depreciation | $1.6B4 Dec 31, 2024 | $1.5B4 Dec 31, 2023 | +11.4% |
| Real estate properties | 184 Dec 31, 2024 | 188 Dec 31, 2023 | 0% |
| Area of real estate | 13.8 million sq ft4 Dec 31, 2024 | 13.8 million sq ft8 Dec 31, 2023 | 0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $375.1M4 Dec 31, 2024 | $428.2M4 Dec 31, 2023 | −12.4% |
| Stakes in other companies (equity method) | $86.0M4 Dec 31, 2024 | $132.2M4 Dec 31, 2023 | −35.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $197.6M4 Dec 31, 2024 | $262.5M4 Dec 31, 2023 | −24.7% |
| Accumulated amortization | $147.1M4 Dec 31, 2024 | $194.5M4 Dec 31, 2023 | −24.4% |
| Finite-lived intangibles, net | $50.5M4 Dec 31, 2024 | $68.0M4 Dec 31, 2023 | −25.8% |
Properties, in its own words
Portfolio Summary
As of December 31, 2024, we owned and/or managed a portfolio of 18 properties aggregating 13.8 million square feet comprised of:
The rest of Item 2
Eight wholly and partially owned Class A properties aggregating 8.7 million square feet in New York, comprised of 8.2 million square feet of office space and 0.5 million square feet of retail and theater space;
Six wholly and partially owned Class A properties aggregating 4.3 million square feet in San Francisco, comprised of 4.1 million square feet of office space and 0.2 million square feet of retail space; and
The table below provides additional details about our owned properties comprised of 14 Class A properties aggregating 13.0 million square feet as of December 31, 2024.
(Amounts in thousands, except square feet and per square foot amounts) · Annualized Rent (3) · Square Feet
Property · ParamountOwnership · Number of Buildings · % Leased(1) · % Occupied(2) · Amount · Per SquareFoot (4) · In Service · Out of Service · Total
New York:
1633 Broadway · 90.0 · 1 · 92.6 · 92.4 · 190,307 · 84.90 · 2,530,987 · - · 2,530,987
1301 Avenue of the Americas · 100.0 · 1 · 85.9 · 81.5 · 122,868 · 88.34 · 1,749,363 · - · 1,749,363
1325 Avenue of the Americas · 100.0 · 1 · 94.5 · 85.6 · 47,299 · 68.64 · 824,381 · - · 824,381
31 West 52nd Street · 100.0 · 1 · 66.6 · 66.6 · 50,676 · 94.40 · 773,112 · - · 773,112
900 Third Avenue (5) · 100.0 · 1 · 68.9 · 68.9 · 29,548 · 72.65 · 591,276 · - · 591,276
712 Fifth Avenue · 50.0 · 1 · 74.9 · 72.5 · 52,795 · 138.03 · 527,388 · - · 527,388
1600 Broadway · 9.2 · 1 · 100.0 · 100.0 · 10,929 · 324.53 · 25,693 · - · 25,693
60 Wall Street (6) · 5.0 · 1 · N/A · N/A · N/A · N/A · - · 1,643,651 · 1,643,651
Subtotal / Weighted Average · 8 · 85.0 · 82.6 · 504,422 · 88.54 · 7,022,200 · 1,643,651 · 8,665,851
Paramount's Ownership Interest · 8 · 85.0 · 82.6 · 449,072 · 85.75 · 6,482,104 · 82,347 · 6,564,451
San Francisco:
One Market Plaza · 49.0 · 2 · 90.1 · 89.6 · 163,657 · 112.55 · 1,608,499 · - · 1,608,499
300 Mission Street · 31.1 · 1 · 81.4 · 81.4 · 52,784 · 99.15 · 654,009 · - · 654,009
One Front Street · 100.0 · 1 · 76.3 · 76.3 · 45,344 · 92.16 · 645,281 · - · 645,281
55 Second Street · 44.1 · 1 · 85.7 · 85.7 · 28,062 · 86.66 · 377,417 · - · 377,417
Market Center (7) · 67.0 · 2 · 45.4 · 44.6 · 28,822 · 85.86 · 750,372 · - · 750,372
111 Sutter Street (7) · 49.0 · 1 · 50.9 · 50.9 · 12,356 · 88.47 · 276,258 · - · 276,258
Subtotal / Weighted Average · 8 · 76.0 · 75.7 · 331,025 · 100.94 · 4,311,836 · - · 4,311,836
Paramount's Ownership Interest · 8 · 74.0 · 73.7 · 179,692 · 99.43 · 2,441,399 · - · 2,441,399
Total / Weighted Average · 16 · 81.6 · 80.0 · 835,447 · 93.15 · 11,334,036 · 1,643,651 · 12,977,687
Paramount's Ownership Interest · 16 · 82.0 · 80.1 · 628,764 · 89.32 · 8,923,503 · 82,347 · 9,005,850
Represents the percentage of square feet that is leased, including signed leases not yet commenced.
Represents the percentage of space for which we have commenced rental revenue in accordance with GAAP.
Amounts represent the end of the period monthly base rent plus escalations in accordance with the lease terms, multiplied by 12.
We sold a 45.0% equity interest in 900 Third Avenue on January 17, 2025.
This property is “out-of-service” for redevelopment.
These assets have been designated as “non-core”.
Tenant Diversification
As of December 31, 2024, our properties were leased to a diverse base of tenants. Our tenants represent a broad array of industries, including legal services, technology and media, financial services, insurance and other professional services. The following table sets forth information regarding the ten largest tenants in our portfolio based on annualized rent as of December 31, 2024.
(Amounts in thousands, except square feet and per square feet amounts) · Our Share of
Total · Total · Annualized Rent (1) · % of
Lease · Square Feet · Square Feet · Per Square · Annualized
Tenant · Expiration · Occupied (2) · Occupied (2) · Amount · Foot (2) · Rent
JPMorgan Chase · Jun-2025 · 219,180 · 219,180 · 18,990 · 86.30 · 3.0
Jun-2027 · 18,148 · 18,148 · 1,678 · 92.46 · 0.3
Dec-2029 · 81,525 · 81,525 · 8,606 · 105.56 · 1.3
Dec-2030 · 25,157 · 25,157 · 2,451 · 96.87 · 0.4
344,010 · 344,010 · 31,725 · 91.96 · 5.0
Norton Rose Fulbright · Mar-2032 · 111,589 · 111,589 · 10,317 · 92.46 · 1.7
Sep-2034 · 179,286 · 179,286 · 19,115 · 102.19 · 3.0
290,875 · 290,875 · 29,432 · 98.46 · 4.7
Allianz · Jan-2031 · 320,911 · 288,823 · 29,274 · 101.36 · 4.7
Wilson Sonsini · Aug-2025 · 61,048 · 61,048 · 6,320 · 103.53 · 1.0
Oct-2032 · 84,224 · 41,270 · 5,009 · 121.37 · 0.8
Mar-2041 · 132,207 · 132,207 · 10,709 · 81.00 · 1.7
277,479 · 234,525 · 22,038 · 93.97 · 3.5
Morgan Stanley · Mar-2032 · 260,829 · 234,749 · 20,528 · 87.45 · 3.3
Warner Music Group · Jul-2029 · 288,250 · 259,428 · 20,352 · 77.42 · 3.2
Showtime Networks · Jan-2026 · 253,196 · 227,879 · 17,877 · 76.73 · 2.8
Google · Apr-2025 · 339,833 · 166,518 · 16,647 · 99.53 · 2.6
O'Melveny & Myers · Feb-2040 · 160,708 · (3) · 160,708 · (3) · 12,908 · 80.00 · 2.1
Credit Agricole · Apr-2035 · 159,308 · 159,308 · 12,181 · 75.06 · 1.9
Represents the end of the period monthly base rent plus escalations in accordance with the lease terms, multiplied by 12.
Excludes 38,014 square feet that is leased through February 2040 but is not currently occupied.
Industry Diversification
The following table sets forth information relating to tenant diversification by industry in our portfolio based on annualized rent as of December 31, 2024.
Our Share of
(Amounts in thousands, except square feet) · Square Feet · % of Occupied · Annualized · % of Annualized
Industry · Occupied · Square Feet · Rent (1) · Rent
Legal Services · 1,622,488 · 22.7 · 144,926 · 23.0
Technology and Media · 1,415,545 · 19.8 · 122,978 · 19.6
Financial Services - Commercial and Investment Banking · 1,233,184 · 17.2 · 107,528 · 17.1
Item 2 of the 10-K filed Feb 27, 2025.14
Leadership
Who has led Paramount Group, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerAlbert P. Behler Nov 18, 2014 to now15
- ChairAlbert P. Behler Nov 18, 2014 to now15
- PresidentAlbert P. Behler Nov 18, 2014 to now15
- Chief financial officerWilbur N. Paes Mar 22, 2016 to now16
- Chief financial officerDavid P. Spence Nov 18, 2014 to Nov 26, 201417
- Chief operating officerWilbur N. Paes Feb 5, 2021 to now18
Board members and other officers (23)
- OfficerTimothy Carey Dembo Aug 1, 2025 to now19
- OfficerErmelinda Berberi Feb 16, 2021 to now20
- OfficerDavid Zobel Jun 29, 2018 to Jan 13, 202121
- EVP, LeasingPeter R.c. Brindley Dec 21, 2017 to now22
- EVP, Chief Investment OfficerDaniel A. Lauer Nov 18, 2014 to Feb 1, 201723
- SVP, GC and SecretaryGage R. Johnson Nov 18, 2014 to now24
- EVP, Operations and HRJolanta K. Bott Nov 18, 2014 to Feb 1, 201725
- SVP, Property ManagementRalph J. Diruggiero Nov 18, 2014 to Feb 1, 201726
- EVP, LeasingTheodore J. Koltis Nov 18, 2014 to Feb 1, 201727
- SVP, Asset ManagementVito Messina Nov 18, 2014 to Apr 3, 201528
- SVP, Chief Accounting OfficerWilbur N. Paes Nov 18, 2014 to Apr 3, 201529
- Board memberWolfgang Carl Frederic Arndts Jul 11, 2025 to now30
- Board memberHitoshi Saito May 16, 2022 to now31
- Board memberPaula Sutter Aug 3, 2022 to now32
- Board memberGregory S. Wright May 21, 2020 to now33
- Board memberColin Dyer May 20, 2019 to May 17, 202134
- Board memberKarin Klein Mar 31, 2016 to now35
- Board memberMartin Bussmann Mar 31, 2016 to now36
- Board memberThomas Armbrust Nov 18, 2014 to May 20, 202437
- Board memberDan A. Emmett Nov 19, 2014 to May 20, 201938
- Board memberLizanne Galbreath Nov 19, 2014 to May 20, 201939
- Board memberPeter Linneman Nov 19, 2014 to Dec 19, 202340
- Board memberKatharina Otto-Bernstein Nov 26, 2014 to May 20, 202441
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 111 Sutter Street Holding I GP LLC Delaware3
- 111 Sutter Street Holding I LP Delaware3
- 111 Sutter Street Holding II GP LLC Delaware3
- 111 Sutter Street Holding II LP Delaware3
- 111 Sutter Street Investor GP LLC Delaware3
- 111 Sutter Street Investor LP Delaware3
- 111 Sutter Street Owner GP LLC Delaware3
- 111 Sutter Street Owner LP Delaware3
- 111 Sutter Street Paramount I GP LLC Delaware3
- 111 Sutter Street Paramount I LP Delaware3
- 111 Sutter Street Paramount II GP LLC Delaware3
- 111 Sutter Street Paramount II LP Delaware3
- 1285 AoA PC Lender GP LLC Delaware3
- 1285 AoA PC Lender LP Delaware3
- 1301 AC Landlord GP LLC Delaware3
- 1301 AC Landlord LP Delaware3
- 1301 AC Member LLC Delaware3
- 1301 Participating GP LLC Delaware3
- 1301 Properties GP LLC Delaware3
- 1301 Properties Owner LP Delaware3
- 1325 AC Member LLC Delaware3
- 1325 Avenue Merger Sub GP LLC Delaware3
- 1325 Avenue Merger Sub LP Delaware3
- 1325 Avenue of the Americas, L.P. New York3
All 248 listed subsidiaries
- 1325 Rental GP, L.L.C. Delaware3
- 1540 Broadway Fund X GP LLC Delaware3
- 1540 Broadway Fund X LP Delaware3
- 1600 Broadway Purchaser GP, LLC Delaware3
- 1600 Broadway Purchaser LP Delaware3
- 1600 Broadway Retail Owner, LLC Delaware3
- 1600 Broadway Retail Reit, LLC Delaware3
- 1633 AC Member LLC Delaware3
- 1633 Broadway Holdings I GP, LLC Delaware3
- 1633 Broadway Holdings I, LP Delaware3
- 1633 Broadway Holdings II GP, LLC Delaware3
- 1633 Broadway Holdings II, LP Delaware3
- 1633 Broadway Owner I GP, LLC Delaware3
- 1633 Broadway Owner I, LP Delaware3
- 1633 Broadway Owner II GP, LLC Delaware3
- 1633 Broadway Owner II, LP Delaware3
- 229 West Fund VIII GP LLC Delaware3
- 229 West Fund VIII LP Delaware3
- 300 Mission Investor Joint Venture LP Delaware3
- 31 West 52nd AC Member LLC Delaware3
- 40 West 53rd Associates Limited Partnership New York3
- 50 Beale Fund VII-H Co-Managing GP, LLC Delaware3
- 50 Beale Fund VII-H Investment LP Delaware3
- 50 Beale GP LLC Delaware3
- 50 Beale Holdco LP Delaware3
- 50 Beale Inc. Delaware3
- 50 Beale LP Delaware3
- 50 Beale Paramount Club GP LLC Delaware3
- 50 Beale Paramount Club LP Delaware3
- 50 Beale Paramount GP LLC Delaware3
- 50 Beale Paramount LP Delaware3
- 50 Beale Street LLC Delaware3
- 50 Beale Sub GP LLC Delaware3
- 50 Beale TRS Inc. Delaware3
- 55 2nd St. Investor GP, LLC Delaware3
- 55 2nd St. Investor, LP Delaware3
- 55 Broadway Preferred GP LLC Delaware3
- 55 Broadway Preferred Investors LP Delaware3
- 55 Broadway Preferred LP Delaware3
- 55 Second Acquisition GP, LLC Delaware3
- 55 Second Acquisition, LP Delaware3
- 55 Second Street A GP, LLC Delaware3
- 55 Second Street A, LP Delaware3
- 55 Second Street B GP, LLC Delaware3
- 55 Second Street B, LP Delaware3
- 55 Second Street C GP, LLC Delaware3
- 55 Second Street C, LP Delaware3
- 55 Second Street GP, LLC Delaware3
- 55 Second Street Holdings A GP, LLC Delaware3
- 55 Second Street Holdings A, LP Delaware3
- 55 Second Street Holdings B GP, LLC Delaware3
- 55 Second Street Holdings B, LP Delaware3
- 55 Second Street Holdings C GP, LLC Delaware3
- 55 Second Street Holdings C, LP Delaware3
- 55 Second Street Imperial GP, LLC Delaware3
- 55 Second Street Imperial, LP Delaware3
- 55 Second Street Paramount GP, LLC Delaware3
- 55 Second Street Paramount Holdings GP, LLC Delaware3
- 55 Second Street Paramount Holdings, LP Delaware3
- 55 Second Street Paramount, LP Delaware3
- 55 Second Street REIT A GP, LLC Delaware3
- 55 Second Street REIT A, LP Delaware3
- 55 Second Street REIT B GP, LLC Delaware3
- 55 Second Street REIT B, LP Delaware3
- 55 Second Street REIT C GP, LLC Delaware3
- 55 Second Street REIT C, LP Delaware3
- 55 Second Street TRS GP, LLC Delaware3
- 55 Second Street TRS, LP Delaware3
- 55 Second Street WvF GP, LLC Delaware3
- 55 Second Street WvF, LP Delaware3
- 55 Second Street, LP Delaware3
- 60 WALL TRS GP LLC Delaware3
- 60 WALL TRS LP Delaware3
- 60 Wall Investor LP Delaware3
- 60 Wall Mezz GP LLC Delaware3
- 60 Wall Mezz LP Delaware3
- 60 Wall Owner GP LLC Delaware3
- 60 Wall Owner LP Delaware3
- 60 Wall Paramount GP LLC Delaware3
- 60 Wall Paramount LP Delaware3
- 60 Wall REIT LLC Delaware3
- 660 North Capitol Fund X GP LLC Delaware3
- 660 North Capitol Fund X, LP Delaware3
- 670 Broadway GP LLC Delaware3
- 670 Broadway Holdco LP Delaware3
- 670 Broadway Owner LP Delaware3
- 700 Eighth Fund VIII Manager LLC Delaware3
- 700 Eighth Mezz Owner LP Delaware3
- 700 Eighth Retail Owner LP Delaware3
- 712 Fifth Avenue G.P., L.L.C. Delaware3
- 712 Fifth Avenue Mezz GP LLC Delaware3
- 712 Fifth Avenue Mezz LP Delaware3
- 712 Fifth Avenue Owner GP LLC Delaware3
- 712 Fifth Avenue Owner LP Delaware3
- 712 Fifth Avenue, L.P. New York3
- 75 Howard Developer LP Delaware3
- 75 Howard Developer RDF Co-GP LLC Delaware3
- 75 Howard Investor GP LLC Delaware3
- 75 Howard Investor LP Delaware3
- 75 Howard Owner GP LLC Delaware3
- 75 Howard Owner LP Delaware3
- 900 Third Avenue, L.P. New York3
- 900 Third GP, LLC Delaware3
- 900 Third Holdings GP, LLC Delaware3
- 900 Third Holdings, LP Delaware3
- Forum Rental Investments, Inc. Delaware3
- Fund VIII Debt Holdings GP LLC Delaware3
- Imperial Rental Investments LLC Delaware3
- Kommanditgeselleschaft Grundstucksgeselleschaft EKZ Schwedt m.b.H. & Co. Germany3
- Market Center Holdings GP, LLC Delaware3
- Market Center Holdings, LP Delaware3
- Market Center Investment GP, LLC Delaware3
- Market Center Investment, LP Delaware3
- Market Center Mezz GP, LLC Delaware3
- Market Center Mezz, LP Delaware3
- Market Center Owner GP, LLC Delaware3
- Market Center Owner, LP Delaware3
- Market Center Paramount GP, LLC Delaware3
- Market Center Paramount II GP, LLC Delaware3
- Market Center Paramount II, LP Delaware3
- Market Center Paramount Investment GP, LLC Delaware3
- Market Center Paramount Investment, LP Delaware3
- Market Center Paramount, LP Delaware3
- Market Center TRS GP, LLC Delaware3
- Market Center TRS, LP Delaware3
- Milton 712, LLC Delaware3
- Milton Rental Investments, Inc. Delaware3
- OSS Fund X Mezz A GP LLC Delaware3
- OSS Fund X Mezz A LP Delaware3
- OSS Fund X Mezz B GP LLC Delaware3
- OSS Fund X Mezz B LP Delaware3
- One Front Street Investor GP LLC Delaware3
- One Front Street Investor LP Delaware3
- One Front Street Owner GP LLC Delaware3
- One Front Street Owner LP Delaware3
- PGRE Fund RDF-LF Blocker-A, LP Delaware3
- PGRE-NGIP GP, LLC Delaware3
- PGRE-NGIP, LP Delaware3
- PGRE-OMP GP LLC Delaware3
- PGRE-OMP LP Delaware3
- PGREF I 1633 Broadway Land, L.P. Delaware3
- PGREF I 1633 Broadway Tower, L.P. Delaware3
- PGREF I Paramount Plaza GP, LLC Delaware3
- PGREF I Paramount Plaza Holding GP, LLC Delaware3
- PGREF I Paramount Plaza, L.P. Delaware3
- PGREF III OMP Preferred Investor, L.P. Delaware3
- PGREF III OMP Prime Interest LP Delaware3
- PGREF III One Market GP, LLC Delaware3
- PGREF III One Market Investor GP, LLC Delaware3
- PGREF III One Market Plaza Investor, L.P. Delaware3
- PGREF V 1301 Participating LP Delaware3
- PGREF V 1301 Sixth Holding LP Delaware3
- PGREF V 1301 Sixth Investors GP LLC Delaware3
- PGREF V 31 West 52nd GP, LLC Delaware3
- PGREF V 31 West 52nd Street Investors, L.P. Delaware3
- PGREF V 40 West 53rd GP, LLC Delaware3
- PGREF V Holdco GP LLC Delaware3
- PGREF V Holdco LP Delaware3
- PGRESS II GP, LLC Delaware3
- PPF OFF One Market Plaza TRS, LLC Delaware3
- PPF Paramount GP, LLC Delaware3
- PPF Paramount One Market Plaza Owner, L.P. Delaware3
- PPF Paramount One Market Plaza, LP Delaware3
- Paramount 1600 Broadway Retail GP, LLC Delaware3
- Paramount 1600 Broadway Retail, LP Delaware3
- Paramount Development and Investment, Inc. Delaware3
- Paramount Fund VII Acquisitions LLC Delaware3
- Paramount Fund VIII Acquisitions LLC Delaware3
- Paramount Fund X Investments LLC Delaware3
- Paramount GREF RDF, LLC Delaware3
- Paramount GREF VII, LLC Delaware3
- Paramount GREF VIII, LLC Delaware3
- Paramount GREF X Debt Co-Invest Trading GP, LLC Delaware3
- Paramount GREF X Debt Co-Invest Trading, LP Delaware3
- Paramount GREF X Debt Co-Invest, LP Delaware3
- Paramount GREF X Debt Investor, Ltd. Cayman Islands3
- Paramount GREF X Equity Co-Invest, LP Delaware3
- Paramount GREF X Equity Investor, Inc. Delaware3
- Paramount GREF X, LLC Delaware3
- Paramount Gateway Office Club 50 Beale GP LLC Delaware3
- Paramount Gateway Office Club Operating Investor LLC Delaware3
- Paramount Group Acquisition and Development LLC Delaware3
- Paramount Group Fund VIII 1285 LP Delaware3
- Paramount Group Fund VIII 1440 Broadway Mezz LP Delaware3
- Paramount Group Fund VIII 15 Laight LP Delaware3
- Paramount Group Fund VIII 15 Laight Mezz LP Delaware3
- Paramount Group Fund VIII 229 West Junior Mezz LP Delaware3
- Paramount Group Fund VIII 229 West Senior Mezz LP Delaware3
- Paramount Group Fund VIII 26 Broadway Mezz LP Delaware3
- Paramount Group Fund VIII 44 Wall LP Delaware3
- Paramount Group Fund VIII 575 Lexington LP Delaware3
- Paramount Group Fund VIII 850 Third LP Delaware3
- Paramount Group Fund VIII Debt Holdings, LP Delaware3
- Paramount Group Fund VIII Holdco I LP Delaware3
- Paramount Group Fund VIII Holdco II LP Delaware3
- Paramount Group Fund VIII One State Street LP Delaware3
- Paramount Group Fund VIII Square 85 LP Delaware3
- Paramount Group Loan Services LLC Delaware3
- Paramount Group Loan Services TRS LLC Delaware3
- Paramount Group Management GP, LLC Delaware3
- Paramount Group Management LP Delaware3
- Paramount Group Management TRS German Holdco LLC Delaware3
- Paramount Group Operating Partnership LP Delaware3
- Paramount Group Property-Asset Management LLC Delaware3
- Paramount Group Property-Asset Management TRS LLC Delaware3
- Paramount Group Real Estate Advisor II, LP Delaware3
- Paramount Group Real Estate Advisor LLC Delaware3
- Paramount Group Real Estate Fund RDF-LF, LP Delaware3
- Paramount Group Real Estate Fund VII Inc. Maryland3
- Paramount Group Real Estate Fund VII, LP Delaware3
- Paramount Group Real Estate Fund VII-H, LP Cayman Islands3
- Paramount Group Real Estate Fund VIII, LP Delaware3
- Paramount Group Real Estate Fund X, LP Delaware3
- Paramount Group Real Estate Fund X-ECI, LP Delaware3
- Paramount Group Real Estate International Mgmt Inc. Delaware3
- Paramount Group Real Estate Special Situations Fund II, LP Delaware3
- Paramount Group Residential Development Fund, LP Delaware3
- RDF 75 Howard GP LLC Delaware3
- RDF 75 Howard LP Delaware3
- T-C 55 Second Street, LLC Delaware3
- Terminal Warehouse Fund X GP LLC Delaware3
- Terminal Warehouse Fund X LP Delaware3
- WVF-Paramount 745 Investor, L.P. Delaware3
- WVF-Paramount 745 Property, L.P. Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Dec 19, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights42
- Dec 16, 20258-K Shareholder vote43
- Dec 10, 20258-K Other events44
- Dec 8, 20258-K Executive or director change45
- Oct 29, 20258-K Results of operations46
- Sep 17, 20258-K Entered a material agreement; Executive or director change; Regulation FD disclosure47
- Aug 7, 20258-K Executive or director change48
- Jul 30, 20258-K Results of operations49
- Jul 8, 20258-K Executive or director change50
- May 19, 20258-K Executive or director change; Shareholder vote; Regulation FD disclosure51
- May 7, 20258-K Ended a material agreement; Regulation FD disclosure; Other events52
- Apr 30, 20258-K Results of operations53
- Nov 18, 2014New chief executive Albert P. Behler becomes CEO15
Calendar
When it reported results
- Oct 29, 2025Reported quarterly or annual results46
- Jul 30, 2025Reported quarterly or annual results49
- Apr 30, 2025Reported quarterly or annual results53
- Feb 27, 2025Reported quarterly or annual results54
- Oct 30, 2024Reported quarterly or annual results55
- Jul 31, 2024Reported quarterly or annual results56
- May 1, 2024Reported quarterly or annual results57
- Feb 14, 2024Reported quarterly or annual results58
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
210 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 41 major events, 104 insider forms, 18 large holders, 30 other. The latest 20:
- Dec 29, 202515-12G EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 22, 20254 EDGAR
- Dec 19, 2025S-8 POS EDGAR
- Dec 19, 2025S-8 POS EDGAR
- Dec 19, 2025POSASR EDGAR
- Dec 19, 20258-K EDGAR
- Dec 16, 20258-K EDGAR
- Dec 10, 2025DEFA14A EDGAR
- Dec 10, 20258-K EDGAR
- Dec 10, 2025SCHEDULE 13D/A EDGAR
The 210 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
27 open-market trades by officers, directors and large owners since October 2021: 26 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 21, 2025 | Behler Albert P.Chairman, CEO and President | Buy | 10,000 | $4.15 | $41.5K | Form 4 |
| Mar 14, 2025 | Behler Albert P.Chairman, CEO and President | Buy | 50,000 | $4.08 | $204.0K | Form 4 |
| Mar 13, 2025 | Behler Albert P.Chairman, CEO and President | Buy | 50,000 | $4.00 | $200.0K | Form 4 |
| Aug 17, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $4.73 | $94.6K | Form 4 |
| Aug 16, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 50,000 | $4.64 | $232.0K | Form 4 |
| Mar 23, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 50,000 | $4.10 | $205.0K | Form 4 |
| Mar 23, 2023 | Johnson Gage R.SVP, GC and Secretary | Buy | 4,500 | $3.97 | $17.9K | Form 4 |
| Mar 22, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 30,000 | $4.36 | $130.8K | Form 4 |
| Mar 21, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $4.35 | $87.0K | Form 4 |
| Mar 20, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 30,000 | $4.27 | $128.1K | Form 4 |
| Mar 17, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 40,000 | $4.28 | $171.2K | Form 4 |
| Mar 10, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 10,000 | $4.81 | $48.1K | Form 4 |
| Mar 10, 2023 | Armbrust ThomasDirector | Buy | 20,000 | $4.85 | $97.0K | Form 4 |
| Mar 9, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 30,000 | $5.06 | $151.8K | Form 4 |
| Mar 8, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $5.21 | $104.2K | Form 4 |
| Mar 7, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $5.18 | $103.6K | Form 4 |
| Mar 3, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 10,000 | $5.28 | $52.8K | Form 4 |
| Mar 2, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $5.19 | $103.8K | Form 4 |
| Mar 1, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 20,000 | $5.20 | $104.0K | Form 4 |
| Feb 28, 2023 | Behler Albert P.Chairman, CEO and President | Buy | 30,000 | $5.35 | $160.5K | Form 4 |
All 27 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Saray Capital (DIFC) LtdSCHEDULE 13D/A, 2 filings May 20, 2025 to Dec 10, 202559
- Cohen & SteersSCHEDULE 13G/A, 3 filings Aug 14, 2025 to Nov 14, 202560
- Long Pond Capital, LPSCHEDULE 13G, 1 filing May 14, 202561
- BlackRockSCHEDULE 13G/A, 5 filings Feb 3, 2022 to Apr 24, 202562
- VANGUARD GROUP INCSC 13G/A, 3 filings Feb 10, 2022 to Feb 13, 202463
- NORGES BANKSC 13G/A, 1 filing Feb 14, 202364
- Monarch Alternative Capital LPSC 13D/A, 3 filings Feb 25, 2022 to Nov 8, 202265
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Albert Behler | 73 | $1.1M | $4.4M66 |
| 2024 | Wilbur Paes | 47 | $670.0K | $2.5M66 |
| 2024 | Peter Brindley | 48 | $577.5K | $1.9M66 |
| 2024 | Gage Johnson | 63 | $400.0K | $955.4K66 |
| 2023 | ChairmanChief Executive | $1.1M | $20.8M66 | |
| 2023 | Chief Operating Officer, | $650.0K | $9.1M66 | |
| 2023 | Executive VicePresident, | $560.0K | $6.3M66 | |
| 2023 | Senior VicePresident, | $390.0K | $2.5M66 | |
| 2022 | Officer and President | $1.1M | $9.8M66 | |
| 2022 | Chief Financial Officer | $650.0K | $4.4M66 | |
| 2022 | Head of Real Estate | $560.0K | $3.2M66 | |
| 2022 | General Counsel and | $390.0K | $1.4M66 |
SEC filer profile
How Paramount Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARParamount Group, Inc.1
- CIK0001605607
- Employer ID (EIN)32-043930714
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company14
- Incorporated inMaryland14
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address1633 Broadway, Suite 1801, New York, NY 100191
- Phone212-237-31001
- Shares outstanding221,897,427 as of Oct 15, 202512
- Public float$846.7M as of Jun 30, 202414
- AuditorDELOITTE & TOUCHE LLP, New York, New York PCAOB ID 34; it also attests to the company’s internal control over financial reporting14
- On EDGAR sinceMay 14, 20141
- Filings547 in all: 4 (237), 8-K (99), 10-Q (33), SC 13G/A (33), 3 (31), DEFA14A (21), 10-K (11), DEF 14A (11)1
All 37 form types
SC 13G (10), UPLOAD (9), CORRESP (6), 424B2 (4), ARS (4), S-11/A (4), S-3ASR (4), SCHEDULE 13G/A (3), PRE 14A (2), S-8 (2), S-8 POS (2), SC 13D (2), SC 13D/A (2), SCHEDULE 13G (2), 144 (1), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), DRS (1), DRS/A (1), EFFECT (1), POSASR (1), PREM14A (1), S-11 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Feb 27, 2025
Quarterly report (10-Q) Oct 29, 2025
Proxy statement (DEF 14A) Apr 3, 2025
Latest 8-K (8-K) Dec 19, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock of Paramount Group, Inc.,$0.01 par value per share | PGRE | New York Stock Exchange |
From the cover page of the 10-K filed Feb 27, 2025 (Section 12(b) of the Exchange Act).14
Risk factors and legal proceedings
The risks Paramount Group, Inc. names in Item 1A of its 10-K filed Feb 27, 2025: 55 risks under these headings, as written.14
- Risks Related to Real Estate
- Unfavorable market and economic conditions in the United States and globally and in the specific markets or submarkets where our properties are located could adversely affect occupancy levels, rental rates, rent collections, operating expenses, and the overall market value of our assets, impair our ability to sell, recapitalize or refinance our assets and have an adverse effect on our results of operations, financial condition and our ability to make distributions to our stockholders.
- All of our properties are located in New York City and San Francisco, and adverse economic or regulatory developments in these areas could negatively affect our results of operations, financial condition and ability to make distributions to our stockholders.
- We are subject to risks inherent in ownership of real estate.
- A significant portion of our revenue is generated from three properties.
- We may be unable to renew leases, lease currently vacant space or vacating space on favorable terms or at all as leases expire, which could adversely affect our financial condition, results of operations and cash flow.
- We are exposed to risks associated with property redevelopment and repositioning that could adversely affect us, including our financial condition and results of operations.
- We may be required to make rent or other concessions and/or significant capital expenditures to improve our properties in order to retain and attract tenants, which could adversely affect us, including our financial condition, results of operations and cash flow.
- We depend on significant tenants in our office portfolio, which could cause an adverse effect on us, including our results of operations and cash flow, if any of our significant tenants were adversely affected by a material business downturn or were to become bankrupt or insolvent.
- We believe we have been impacted and may continue to be adversely affected by trends in the office real estate industry, including telecommuting, flexible work schedules, open workplaces and teleconferences.
- Real estate investments are relatively illiquid and may limit our flexibility.
- We are subject to losses that are either uninsurable, not economically insurable or that are in excess of our insurance coverage.
The other 44 risks
- We are subject to risks from natural disasters such as earthquakes and severe weather.
- Climate change may adversely affect our business.
- Terrorist attacks and/or shooting incidents may adversely affect our ability to generate revenues and the value of our properties.
- We may become subject to liability relating to environmental and health and safety matters, which could have an adverse effect on us, including our financial condition and results of operations.
- We may be unable to identify and successfully complete acquisitions and, even if acquisitions are identified and completed, we may fail to successfully operate acquired properties, which could adversely affect us and impede our growth.
- We are subject to risks involved in real estate activity through joint ventures and real estate related funds.
- Our joint venture partners in 712 Fifth Avenue, One Market Plaza, 300 Mission Street and 111 Sutter Street have forced sale rights as a result of which we may be forced to sell these assets to third parties at times or prices that may not be favorable to us.
- Contractual commitments with existing real estate related funds may limit our ability to acquire properties, issue loans or invest in preferred equity directly in the near term.
- We share control of some of our properties with other investors and may have conflicts of interest with those investors.
- Risks Related to Our Business and Operations
- Any future pandemic, epidemic or outbreak of infectious disease could have an adverse effect on our performance, financial condition, results of operations and cash flows.
- Capital and credit market conditions may adversely affect our access to various sources of capital or financing and/or the cost of capital, which could impact our business activities, dividends, earnings and common stock price, among other things.
- We may from time to time be subject to litigation which could have an adverse effect on our financial condition, results of operations, cash flow and trading price of our common stock.
- We may be subject to unknown or contingent liabilities related to properties or businesses that we acquire for which we may have limited or no recourse against the sellers.
- Extensive regulation of our investment management businesses affects our activities and creates the potential for significant liabilities and penalties, and increased regulatory focus could result in additional burdens on this business.
- We cannot predict the impact future actions by regulators or government bodies, including the U.S. Federal Reserve, will have on real estate debt markets or on our business, and any such actions may negatively impact us.
- Risks Related to Our Organization and Structure
- The ability of stockholders to control our policies and effect a change of control of our company is limited by certain provisions of our charter and bylaws and by Maryland law.
- Conflicts of interest may exist or could arise in the future between the interests of our stockholders and the interests of holders of common units, which may impede business decisions that could benefit our stockholders.
- If there are deficiencies in our disclosure controls and procedures or internal control over financial reporting, we may be unable to accurately present our financial statements, which could materially and adversely affect us, including our business, reputation, results of operations, financial condition or liquidity.
- We depend on key personnel, including Albert Behler, our Chairman, Chief Executive Officer and President, and the loss of services of one or more members of our senior management team, or our inability to attract and retain highly qualified personnel, could adversely affect our business.
- We face risks associated with security breaches through cyber attacks, cyber intrusions or otherwise, as well as other significant disruptions of our IT networks and related systems.
- Our board of directors may change our policies without stockholder approval.
- Risks Related to Our Indebtedness and Financing
- We have a substantial amount of indebtedness that may limit our financial and operating activities and may adversely affect our ability to incur additional debt to fund future needs.
- We may not have sufficient cash flow to meet the required payments of principal and interest on our debt or to pay distributions on our shares at expected levels.
- Our debt agreements include restrictive covenants, requirements to maintain financial ratios and default provisions which could limit our flexibility, our ability to make distributions and require us to repay the indebtedness prior to its maturity.
- Variable rate debt is subject to interest rate risk that could increase our interest expense, increase the cost to refinance and increase the cost of issuing new debt.
- Mortgage debt obligations expose us to the possibility of foreclosure, which could result in the loss of our investment in a property or group of properties subject to mortgage debt.
- Risks Related to Our Common Stock
- The market price and trading volume of our common stock may be volatile.
- The market value of our common stock may decline due to the large number of our shares eligible for future sale.
- Future issuances of debt securities and equity securities may negatively affect the market price of shares of our common stock and, in the case of equity securities, may be dilutive to existing stockholders. In addition, share repurchases under our share repurchase program could also increase the volatility of the price of our common stock and could diminish our cash reserves.
- Risks Related to Our Status as a REIT
- Failure to qualify or to maintain our qualification as a REIT would have significant adverse consequences to the value of our common stock.
- We may owe certain taxes notwithstanding our qualification as a REIT.
- Our property taxes could increase due to property tax rate changes or reassessment, which could impact our cash flow.
- If our Operating Partnership is treated as a corporation for U.S. federal income tax purposes, we will cease to qualify as a REIT.
- There are uncertainties relating to our distribution of non-REIT earnings and profits.
- Dividends payable by REITs generally do not qualify for reduced tax rates applicable to non-corporate taxpayers.
- Complying with the REIT requirements may cause us to forego otherwise attractive opportunities or liquidate certain of our investments.
- We may be subject to a 100% penalty tax on any prohibited transactions that we enter into, or may be required to forego certain otherwise beneficial opportunities in order to avoid the penalty tax on prohibited transactions.
- REIT distribution requirements could adversely affect our liquidity and adversely affect our ability to execute our business plan.
- Preferred equity and certain debt investments could impact our compliance with REIT income and assets tests.
- The ability of our board of directors to revoke our REIT qualification without stockholder approval may cause adverse consequences to our stockholders.
- Our ability to provide certain services to our tenants may be limited by the REIT rules, or may have to be provided through a TRS.
- Although our use of TRSs may partially mitigate the impact of meeting certain requirements necessary to maintain our qualification as a REIT, there are limits on our ability to own and enter into transactions with TRSs, and a failure to comply with the limits would jeopardize our REIT qualification and may result in the application of a 100% excise tax.
- The partnership audit rules may alter who bears the liability in the event any subsidiary partnership (such as our Operating Partnership) is audited and an adjustment is assessed.
- Tax legislation or regulatory action could adversely affect us or our investors.
Legal proceedings
From time to time, we are a party to various claims and routine litigation arising in the ordinary course of business. As of December 31, 2024, we do not believe that the results of any such claims or litigation, individually or in the aggregate, will have a material adverse effect on our business, financial position, results of operations or cash flows.
The opening of Item 3, Legal Proceedings.14
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 19SEC EDGARTimothy Carey Dembo, Officer
- 20SEC EDGARErmelinda Berberi, Officer
- 21SEC EDGARDavid Zobel, Officer
- 22SEC EDGARPeter R.c. Brindley, EVP, Leasing
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- 27SEC EDGARTheodore J. Koltis, EVP, Leasing
- 28SEC EDGARVito Messina, SVP, Asset Management
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- 31SEC EDGARHitoshi Saito, Board member
- 32SEC EDGARPaula Sutter, Board member
- 33SEC EDGARGregory S. Wright, Board member
- 34SEC EDGARColin Dyer, Board member
- 35SEC EDGARKarin Klein, Board member
- 36SEC EDGARMartin Bussmann, Board member
- 37SEC EDGARThomas Armbrust, Board member
- 38SEC EDGARDan A. Emmett, Board member
- 39SEC EDGARLizanne Galbreath, Board member
- 40SEC EDGARPeter Linneman, Board member
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- 43SEC EDGARShareholder vote
- 44SEC EDGAROther events
- 45SEC EDGARExecutive or director change
- 46SEC EDGARResults of operations
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- 48SEC EDGARExecutive or director change
- 49SEC EDGARResults of operations
- 50SEC EDGARExecutive or director change
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- 53SEC EDGARResults of operations
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