Business Details
24 Years
experience
Your Trusted Partner for Real Estate Investment Solutions
Paredim Partners is a premier owner-operator of multifamily properties in the Northeastern United States, specializing in the New York tri-state area. Founded in 2002, we have established a significant track record as leaders in opportunistic multifamily investment and development. Our expertise spans the acquisition, repositioning, and conversion of over 4,500 apartment units, with $850 million in properties acquired and $1.5 billion in total capital transactions. Our in-house management organization, Paredim Communities, provides vertical integration, local expertise, and a hands-on approach through a regional management structure. We focus on urban and suburban markets with high barriers to entry, developing amenity-oriented projects that deliver superior living environments.Our team combines decades of experience with a disciplined strategy to identify undervalued assets and maximize their potential. We prioritize long-term value creation through strategic acquisitions, operational excellence, and resident-centric design. Our regional focus ensures deep market knowledge, enabling us to execute tailored solutions for each property. With 19 properties in our current portfolio, we remain committed to delivering exceptional results for investors and residents alike. Our hands-on leadership team oversees every aspect of our operations, ensuring alignment with our core principles of quality, innovation, and integrity.
Services
Multifamily Investment
Property Repositioning
Development Projects
Property Management
Capital Transactions
Details
- Year established: 2002
Highlights and features
- We have over 20 years of experience in multifamily real estate investment.
- Our in-house management team provides hands-on expertise and local market knowledge.
- We specialize in acquiring properties below replacement cost for maximum value.
- Our regional focus ensures deep understanding of Northeastern US markets.
- We develop amenity-oriented communities designed for resident satisfaction and long-term growth.
Services
Multifamily Investment
We specialize in acquiring multifamily properties in high-barrier Northeastern markets. Our strategy targets undervalued assets with potential for repositioning. Through rigorous analysis and local market expertise, we identify opportunities to generate strong returns for investors while enhancing community value.
Property Repositioning
Our repositioning efforts focus on transforming underperforming properties through targeted renovations and operational improvements. By upgrading amenities and modernizing units, we increase occupancy rates and rental income. This approach maximizes asset value while maintaining alignment with market demands.
Development Projects
We execute ground-up development and conversion projects tailored to local market needs. Our in-house team manages every phase from concept to completion, emphasizing amenity-rich designs that attract residents. Projects prioritize functionality, sustainability, and long-term profitability.
Property Management
Paredim Communities provides comprehensive management services across our portfolio. Our regional teams handle leasing, maintenance, and operations with a focus on resident satisfaction. Proactive budgeting and performance monitoring ensure consistent returns for property owners.
Capital Transactions
We facilitate complex capital transactions totaling over $1.5 billion since inception. Our expertise includes institutional and private equity partnerships, structured financing solutions, and strategic exits. Transparent reporting and investor relations maintain trust throughout the investment lifecycle.
People
David A. Parisier
Founder/Managing Director
David founded Paredim Partners in 2002 and oversees all strategic operations. With over two decades of real estate experience, he has directed $850 million in transactions while maintaining the firm's core investment philosophy.
Stephen Schubert
Senior Director of Investments
Stephen leads investment strategy and investor relations with 30+ years of institutional real estate expertise. He joined Paredim in 2018, bringing deep knowledge of portfolio management and financial execution.
Brian Lemire
Senior Director Operations and Leasing
Brian oversees property operations and leasing since joining in 2015. His responsibilities include budgeting, staff development, and implementing operational efficiencies across the 19-property portfolio.
Robert Doolittle
Director Development and Construction
Robert directs all development projects with 30+ years of construction experience. Since 2011, he has managed renovations and new developments while optimizing site operations programs for long-term success.
Questions
What geographic markets does Paredim Partners focus on?
We specialize in the Northeastern United States, particularly the New York tri-state area, Connecticut, and surrounding regions with strong market barriers.
What property types do you invest in?
Our primary focus is multifamily residential properties, including apartment complexes and mixed-use developments with residential components.
How does Paredim evaluate potential acquisitions?
We target underperforming assets below replacement cost in high-barrier markets, assessing value through rigorous financial analysis and local market expertise.
Do you handle property management internally?
Yes, our in-house management organization Paredim Communities oversees all operational aspects of our portfolio properties.
What is your development approach?
We focus on repositioning existing properties and select ground-up projects, emphasizing amenity-driven designs that meet resident needs and market demands.
