Founded in 1971 and headquartered in Rochester, Minnesota, Paramark Real Estate Services provides premium Commercial and Residential Property Management, Facility, and Commercial Brokerage Services for private investors, institutions, corporations, not-for-profits, home owner associations, and cooperatives.
We are proud of our company’s many accomplishments and our clients appreciate the fact Paramark is a closely held Corporation owned and operated by its shareholders. We employ over 200 team members and currently operate in Minnesota, Iowa, Wisconsin, and Illinois. Paramark’s integrated, team-based approach facilitates effective, responsive communication and our proactive approach to management ensures that the operational and financial performance of your property is always our highest priority.
Paramark is recognized by the Institute of Real Estate Management (IREM) as an Accredited Management Organization (AMO ®) and is one of only approximately 500 such firms worldwide. This designation recognizes excellence in Real Estate Management firms and is the result of having achieved the highest levels of performance, experience, and financial stability in our industry. We value the continuing education of our team and strive to provide opportunities for our staff to grow and improve every day as evidenced by the many designations our staff holds including:
- Certified Property Manager (CPM)
- Certified Public Accountant (CPA)
- Juris Doctorate (JD)
- Brokers in MN, IA, WI, and IL
- Certified Residential Managers (CRM)
- Certified Occupancy Specialists (COS)
- Assisted Housing Managers (AHM)
Paramark Real Estate Services was originally founded in 1971 under the name Weis Management Company. In the early years, we provided residential property management services exclusively to support the affordable housing development of Joe and Gene Weis of Weis Builders. Eventually, the company grew and branched out into 3rd party residential and commercial fee management.
In early 2006, Weis Management made a strategic move to clear up any brand confusion in the market with its sister company Weis Builders by changing its name to Paragon Property Management. In late 2006, Paramark was formed through the merger of two well-established real estate service companies: Paragon Property Management and Lanmark Property Advisors. Founded in 1993, Lanmark Property Advisors provided property management and brokerage services for residential and commercial assets. In addition, Lanmark provided facility services both within their portfolio, as well as to standalone Facility Services clients.
The merged company selected the name “Paramark” to reflect and retain the strengths, reputation, and legacies of both Paragon and Lanmark. Today Paramark manages over 5,000 housing units, over 1 million square feet of commercial property, brokers over 60 commercial lease and sale transactions a year, and oversees a portfolio worth $1 Billion in asset value.
OUR CORE VALUES
- Be customer focused
- Bring a positive energy and attitude to everything you do
- Work hard, work smart, and always get the job done
- Be a team player stepping in to help whenever needed.
At Paramark our recipe is quite simple. We take care of our customers. We bring a positive attitude and energy to everything we do. By working harder and smarter, we always get the job done. And, through teamwork and collaboration, we have what it takes to be unstoppable!
OUR CORE FOCUS
To turn our client’s real estate goals into reality.
To simplify the complexity – We are the aspirin to your real estate headaches
Paramark is a full-service real estate organization that provides a customized menu of high-quality services tailored to your specific needs and to maximize the profitability and potential of your asset. Our success in attaining these goals, along with our well-regarded reputation has enabled us to forge relationships and partnerships with clients from all across the United States.
Our ability to develop and execute customized strategic solutions in support of our clients’ unique goals and assets further exemplifies our commitment to creating enduring, successful partnerships.
Paramark offers many different services including:
Residential and Commercial Property Management
Paramark provides a wide range of Residential Property Management services, customized to meet the unique needs of each of our clients. Our integrated team-based approach facilitates effective and timely communication between all parties, from tenants to property managers, vendors to facility technicians, accountants to our most important point of contact – our clients.
Paramark is one of the fastest growing and most respected commercial real estate brokerage firms in the Midwest. Our talented and experienced brokerage team provides a wide range of services, from commercial leasing to investment acquisitions to asset marketing and sales. Exceptional teamwork and unparalleled owner reporting and communication are the foundation of all Paramark services and our Commercial Brokerage is certainly no exception. We recognize that our industry is incredibly competitive and we continually strive to exceed the expectations of our clients.
Paramark provides a wide range of Cooperative, Condominium, Home Owner’s Association management services, from basic accounting functions to facilitating scheduled association meetings to providing cost-effective maintenance solutions and vendor management.
Paramark provides customized maintenance solutions for each individual client and asset, ranging from Paramark Facility Technicians performing general and preventative maintenance at your commercial property, residential property or association to oversight of third-party vendor and cleaning services.
Paramark provides a wide array of accounting services in support of our client’s varying real estate investment needs. Our accounting department is led by Paramark’s CFO, a Certified Public Accountant with 20 years of accounting experience. Our team includes staff accountants, accounts payable, and accounts receivable representatives. Each month we process payroll for over 200 employees, process 1,000’s of invoices, and generate over 160 full custom financial packets and operating reports for our clients.
OUR PLEDGE TO YOU
When you hire Paramark, you are hiring the best. We are passionate about real estate and we absolutely care about your bottom line. We will do everything in our power to live our core values and help you turn your real estate goals into reality.
Learn more about our executive leadership team.