Corporate Finance
Comprehensive support throughout mergers and acquisitions and other corporate transactions.
Corporate Finance
Paramount Group consolidated its real estate holdings and its management company as part of its conversion to a REIT and IPO. Duff & Phelps acted as the independent financial advisor to Paramount Group Investment Funds.
Duff & Phelps Rendered Relative Fairness Opinion in Connection with the Paramount Group's REIT IPO
On November 19, 2014 Paramount Group went public, raising $2.3 billion, representing the largest REIT IPO in history.
Transaction Overview
Paramount Group, Inc. consolidated the real estate portfolios and operations of a series of investment funds and other entities and internalized its management company as part of its conversion to a real estate investment trust and initial public offering.
About Paramount Group, Inc.
Paramount Group is one of the largest vertically-integrated real estate companies focused on owning, operating and managing high-quality, Class A office properties in New York City, Washington, D.C. and San Francisco. Paramount’s portfolio consists of 12 Class A office properties with an aggregate of approximately 10.4 million rentable square feet.
Role of Duff & Phelps
Duff & Phelps served as financial advisor to the investment funds to determine the relative value of each of the funds and the management company and rendered a fairness opinion that the relative value attributable to each of the funds and the management company were fair to the funds, from a financial point of view.
Related Services
Fairness Opinions
#1 ranked provider of fairness opinions for boards of directors and special committees.
Fairness Opinions
Valuation Services
Objective valuations for financial reporting, tax and management planning purposes.
Valuation Services
M&A Advisory
Middle-market M&A advisory differentiated by industry expertise and superior deal execution.
M&A Advisory
Transaction Advisory Services
Seamless analytical advisory through the deal continuum, from transaction origination to closing.
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Valuation Insights, First Quarter 2019
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2018 U.S. Goodwill Impairment Study
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U.S. Equity Risk Premium Recommendation
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Transaction Trail 2018 Report
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Cost of Capital Navigator – New Features
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News
Events
Adam Warren to Speak on a Financial Services & Securities Litigation Panel
October 17, 2017 Chicago
Duff & Phelps to Sponsor the ABA/IPT Advanced Income, Sales/Use and Property Tax Seminars
March 30, 2017 New Orleans,