Paramount Group, Inc. (PGRE) Q3 2022 Earnings Call Transcript

Oct. 28, 2022 12:07 AM ETParamount Group, Inc. (PGRE)
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Paramount Group, Inc. (NYSE:PGRE) Q3 2022 Earnings Conference Call October 27, 2022 10:00 AM ET

Company Participants

Tom Hennessy - Vice President of Business Development and Investor Relations

Albert Behler - Chairman, Chief Executive Officer, and President

Wilbur Paes - Chief Operating Officer, Chief Financial Officer, and Treasure

Peter Brindley - Executive Vice President, Head of Real Estate

Conference Call Participants

Brian Spahn - Evercore ISI

Derek Johnston - Deutsche Bank

Vikram Malhotra - Mizuho

Ronald Kamdem - Morgan Stanley


Good day, ladies and gentlemen. Thank you for standing by. Welcome to Paramount Group Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded today, October 27, 2022.

I will now turn the conference over to Tom Hennessy, Vice President of Business Development, and Investor Relations. Please go ahead.

Tom Hennessy

Thank you, operator, and good morning, everyone. Before we begin, I would like to point everyone to our third quarter 2022 earnings release and supplemental information, which were released yesterday. Both can be found under the heading Financial Results in the Investors section of the Paramount Group Web site at

Some of our comments will be forward-looking statements within the meaning of the federal securities laws. Forward-looking statements, which are usually identified by the use of words such as will, expect, should or other similar phrases are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Therefore, you should exercise caution in interpreting and relying on them. We refer you to our SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial condition.

During the call, we will discuss our non-GAAP measures, which we believe can be useful in evaluating the company's operating performance. These

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