Mark Patterson - Paramount Lead Independent Director

PGRE Stock  USD 4.15  0.08  1.97%   

Director

Mr. Mark R. Patterson is a Independent director of the PARAMOUNT GROUP, INC. beginning May 17, 2018 from and after the 2018 annual stockholder meeting. Mr. Patterson was a member of our Board since 2018. Mr. Patterson has, since 2010, been President of MP Realty Advisors, LLC, and serves as a real estate consultant and financial advisor. He is also an Advisory Director of Investcorp, Inc. From August 2010 until January 2015, Mr. Patterson served as Chief Executive Officer of Boomerang Systems, Inc. In August 2015, Boomerang Systems, Inc. filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. Until January of 2009 Mr. Patterson was a Managing Director and the Head of Real Estate Global Principal Investments at Merrill Lynch where he oversaw the real estate principal investing activities of the firm. Mr. Patterson joined Merrill Lynch in April 2005 as the Global Head of Real Estate Investment Banking and in 2006 also became the CoHead of Global Commercial Real Estate which encompassed real estate investment banking, principal investing and mortgage debt. Prior to joining Merrill Lynch, he served as the Global Head of Real Estate Investment Banking at Citigroup from 1996 until 2005. Mr. Patterson currently serves on the board of directors for UDR, Inc. and Digital Realty Trust, Inc., and is chairman of the board of directors of Americold Realty Trust, Inc. He is a former director of GGP, Inc since 2020.
Age 60
Tenure 5 years
Professional MarksMBA
Phone212 237 3100
Webhttps://www.paramount-group.com
Patterson also serves on the board of the William & Mary Foundation. Throughout his career, Mr. Patterson was involved in a variety of financing and investing activities spanning virtually all types of real estate in most major global property markets. He has a Bachelor of Business Administration degree from the College of William and Mary, and a MBA degree from the Darden School of Business at the University of Virginia. He is also a Certified Public Accountant.

Mark Patterson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mark Patterson against Paramount stock is an integral part of due diligence when investing in Paramount. Mark Patterson insider activity provides valuable insight into whether Paramount is net buyers or sellers over its current business cycle. Note, Paramount insiders must abide by specific rules, including filing SEC forms every time they buy or sell Paramount'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Mark Patterson over a year ago
Enservco exotic insider transaction detected

Paramount Management Efficiency

Paramount's management efficiency ratios could be used to measure how well Paramount manages its routine affairs as well as how well it operates its assets and liabilities.
Paramount Group currently holds 3.68 B in liabilities with Debt to Equity (D/E) ratio of 0.87, which is about average as compared to similar companies. Paramount Group has a current ratio of 5.22, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Paramount's use of debt, we should always consider it together with its cash and equity.

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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. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants. Paramount operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 318 people. Paramount Group (PGRE) is traded on New York Stock Exchange in USA. It is located in 1633 Broadway, New York, NY, United States, 10019-6748 and employs 316 people. Paramount is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Paramount Group Leadership Team

Elected by the shareholders, the Paramount's board of directors comprises two types of representatives: Paramount inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paramount. The board's role is to monitor Paramount's management team and ensure that shareholders' interests are well served. Paramount's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paramount's outside directors are responsible for providing unbiased perspectives on the board's policies.
Albert Behler, Chairman of the Board, President, Chief Executive Officer
David Zobel, Executive Vice President - Head of Acquisitions
Vito Messina, Senior Vice President Asset Management
Sumit Sharma, VP Devel
Thomas Armbrust, Independent Director
Katharina OttoBernstein, Independent Director
Ermelinda Berberi, Senior Vice President Chief Accounting Officer
Wilbur Paes, Chief Financial Officer, Chief Operating Officer, Treasurer
Karin Klein, Independent Director
Peter Linneman, Independent Director
David Eaton, Senior Leasing
Lizanne Galbreath, Independent Director
Gregory Wright, Independent Director
Katharina Bernstein, Independent Director
Colin Dyer, Independent Director
Thomas III, Vice Relations
Gage JD, General VP
Martin Bussmann, Independent Director
Mark Patterson, Lead Independent Director
Wilbur CPA, CFO COO
Gage Johnson, Senior Vice President, General Counsel, Secretary
Peter Brindley, Executive Vice President - Head of Real Estate

Paramount Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paramount a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Paramount Group is a strong investment it is important to analyze Paramount's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paramount's future performance. For an informed investment choice regarding Paramount Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Paramount Group is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount's value that differs from its market value or its book value, called intrinsic value, which is Paramount's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount's market value can be influenced by many factors that don't directly affect Paramount's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.