Paredim Partners

Paredim Partners is a premier owner-operator of multifamily properties in the Northeastern United States, with a specialization in the New York tri-state area. Founded in 2002, the firm has established a significant track record as a leader in opportunistic multifamily investment and development. The firm has been responsible for the acquisition, repositioning and/or conversion of over 3,000 apartment units and over $750 million in investment transactions in the region. With a current portfolio of 18 properties, Paredim has successfully applied its strategies to acquire mismanaged and underperforming properties that can be purchased below replacement cost.

Paredim Communities, the company’s in house management organization, provides a vertical capability, strong local expertise and a hands-on approach via its a regional management structure that brings significant local market knowledge to each project from acquisition through stabilization. Paredim’s investment and operational philosophy is based upon acquiring properties within urban and suburban markets with significant barriers to entry, then developing unique amenity-oriented projects designed to provide residents with superior living environments and management services in each location.