Paramount Group considering an IPO

|By:, SA News Editor

Paramount Group, one of the largest privately owned real estate companies in the U.S., is considering a possible upcoming IPO, which would value the company at up to $15B.

The city office property owner is currently working with BofA to explore different alternatives, but should the company go for the IPO, it would likely amount to the second-largest U.S. real estate public offering, by raising around $2B.