Praedium Group is a real estate investment trust focused on the middle market, targeting underperforming properties for less than $75 million. Its primary geographic focus has been the Midwest and Pacific Northwest, but it also has invested extensively in Manhattan. Formed in 1991, the firm has completed more than $10 billion in transactions and has sponsored more than eight private equity funds. In 2001 Montreal-based Caisse de depot et placement du Quebec invested $100 million in Praedium, and the two institutions have had a long-term partnership ever since. Praedium has a particularly active year in 2015, as it competed more than $2.5 billion in transactions during the first eight months of that year (most of which was from liquidation). Those transactions included 40 apartment properties and more than 600,000 square feet of office and retail space. For many of its deals Praedium prefers to partner with local firms, such as with Pinnacle Group, which it has joined with on many Manhattan transactions (the two joined on a buying spree that bolstered Pinnacles profile between 2004 and 2006).
My Account page or Subscribe to one of the download plans.
- Event Sales
- Address 143 Linden Street 2513 Newark Avenue 416, 422 East 17th Street 1617 President Street 233 East 77th Street 237 West 18th Street 349 East 51st St
- Neighborhood Midtown
- Borough Brooklyn
- Price $ 32,000,000
- Publication Date 03/01/2015
- Event Date 01/15/2015
- Party 1 Praedium Group
- Party 2 Pinnacle Group
- Event Sales
- Address Upper West Side portfolio
- Neighborhood Upper West Side
- Borough Manhattan
- Price $ 17,050,000
- Publication Date 10/01/2012
- Event Date 08/17/2012
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Abraham, Iris Rossano, Amit Doshi
- Party 2 Naftali Group, Praedium Group
- Event Sales
- Address 182 West 82nd Street
- Neighborhood Upper West Side
- Borough Manhattan
- Price $ 17,050,000
- Publication Date 10/01/2012
- Event Date 08/22/2012
- Party 1 Portnof Realty Corporation
- Party 1 Brokerage Besen & Associates
- Party 1 Broker Abraham Aderet, Iris Rossano, Amit Doshi
- Party 2 The Naftali Group, Praedium Group
- Event Sales
- Building Name 176-182 82nd Street
- Address 176 82nd Street
- Borough Manhattan
- Price $ 17,000,000
- Publication Date 09/01/2012
- Event Date 07/23/2012
- Party 1 Navistone Amsterdam LLC
- Party 2 Praedium Group
- Event Sales
- Address 109 Gold Street
- Neighborhood DUMBO
- Borough Brooklyn
- Price $ 14,500,000
- Publication Date 05/01/2012
- Event Date 03/17/2012
- Party 1 Constellation Group
- Party 1 Broker Stephen Palmese
- Party 2 Praedium Group, North End Equities
- Event Sales
- Address 109-15 and 109-25 Merrick Boulevard
- Neighborhood Jamaica
- Borough Queens
- Price $ 9,050,000
- Publication Date 12/01/2010
- Event Date 10/17/2010
- Party 1 Praedium Group affiliate
- Party 1 Broker Brian Sarath, Thomas Donovan, Robert Knakal
- Party 2 Pistilli Realty Group
- Event Sales
- Address East Harlem portfolio
- Borough Manhattan
- Price $ 26,900,000
- Publication Date 03/01/2010
- Event Date 01/20/2010
- Party 1 Pinnacle Group, Praedium Group
- Party 1 Brokerage Massey Knakal Realty Services
- Party 1 Broker Shimon Shkury
- Event Sales
- Address 20 Henry Street
- Neighborhood Brooklyn Heights
- Borough Brooklyn
- Price $ 19,600,000
- Publication Date 11/01/2007
- Event Date 09/17/2007
- Party 1 Broadway Management, Praedium Group
- Party 1 Brokerage Massey Knakal Realty Services
- Party 1 Broker Brian Leary, Robert Knakal
- Party 2 Urban Realty Partners
- Event Sales
- Address Brooklyn and Bronx portfolio
- Neighborhood Midtown
- Borough Brooklyn
- Price $ 47,100,000
- Publication Date 11/01/2006
- Event Date 09/17/2006
- Party 1 Brokerage GFI Realty Services
- Party 1 Broker Aaron Jungreis
- Party 2 Praedium Group
- Party 2 Brokerage GFI Realty Services
- Party 2 Broker Aaron Jungreis
- Event Office Leasing
- Address 825 Third Avenue
- Neighborhood Midtown East
- Borough Manhattan
- Square feet 9,700
- Publication Date 03/01/2005
- Event Date 01/20/2005
- Party 1 Brokerage CBRE
- Party 2 Praedium Group
- Party 2 Brokerage Newmark Grubb Knight Frank
- Party 2 Broker Scott Klau

Pinnacle Group|PRAEDIUM GROUP, 382 EASTERN LLC
Praedium Group | North End Equities, GOLD & YORK DEVELOPMENT LLC