Mountain Funding acquires controlling interest in Paramount Group

Mountain Funding, a real estate lending and investment company in Charlotte, N.C., has acquired a controlling interest in the Paramount Group, a real estate development, management and investment company in Boca Raton, Fla.

According to company executives, this acquisition will strengthen Mountain Funding’s development underwriting, operational and asset management abilities. In addition, Mountain Funding joins the Paramount Group, which also includes Paramount Enterprises, The Siegel Group and Paramount Residential.

Mountain provides high-leverage senior/mezzanine debt and equity to real estate projects and entities.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish