Paramount Group Completes Merger and Transitions to Private Ownership

Paramount Group ( (PGRE) ) just unveiled an announcement.

On December 19, 2025, Paramount Group completed a series of merger transactions in which each outstanding common unit of its operating partnership was converted into cash based on a defined conversion factor at an effective price of $6.60 per unit, and each outstanding share of Paramount Group common stock was similarly cancelled and converted into the right to receive $6.60 in cash per share, with equity held by the acquiring parties and company affiliates retired without consideration. As part of the transaction, stock options were cancelled for no payment, restricted shares were cashed out at the merger price, long-term incentive and performance-based operating partnership units fully vested and were either exchanged into operating partnership units and cashed out or directly converted into cash, Paramount Group common stock was suspended from trading and delisted from the NYSE on December 19, 2025 with steps initiated to deregister the shares and end Exchange Act reporting, and the company’s board and senior officers were replaced by the directors and officers of the acquiring REIT Merger Sub, which also adopted its own governing documents as those of the surviving entity, signaling a full transition to private ownership and a complete change in corporate control and governance.

The most recent analyst rating on (PGRE) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Paramount Group stock, see the PGRE Stock Forecast page.

Spark’s Take on PGRE Stock

According to Spark, TipRanks’ AI Analyst, PGRE is a Neutral.

The overall stock score is primarily influenced by the positive impact of the acquisition announcement, which offsets the weak financial performance and valuation concerns. Technical analysis suggests a neutral market position, while the lack of earnings call data limits further insights.

To see Spark’s full report on PGRE stock, click here.

More about Paramount Group

Paramount Group is a real estate investment trust (REIT) that operates through an operating partnership structure, with its common stock previously listed on the New York Stock Exchange, and it focuses on owning and managing commercial real estate assets through its operating partnership and related entities.

Average Trading Volume: 2,674,816

Technical Sentiment Signal: Buy

Current Market Cap: $1.57B

Find detailed analytics on PGRE stock on TipRanks’ Stock Analysis page.