Paul Stern
(Paul J. Stern)
Senior Vice President
QuadReal Property Group
(QR Real Estate Capital REIT, QR US Finance REIT)
Developer, Owner
Park Place 666 Burrard Street, Suite 800 Vancouver, BC V6C 2X8 Canada
1345 Avenue of the Americas, Suite 2302 New York, NY 10105
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Person Activity past 24 months:
Lender signatory: 6 for $448.2 million
Top Ten Associated Companies:
EMP Capital Group (4), Watermark Capital Group (2), Quinlan Development Group (1), Borough Developers (1), David Tabak (1)
Top Ten Associated People:
Elichai Pariente (4), Wolfe Landau (2), Timothy Quinlan (1), Meir D. Tabak (1)
Recent activity as signatory:
• Borough Developers and David Tabak borrowed $40 million from QuadReal Property Group for 319 East 17 Street on May 20, 2026.
• EMP Capital Group borrowed $150 million from QuadReal Property Group for 874 Atlantic Avenue on February 17, 2026.
• EMP Capital Group borrowed $140 million from QuadReal Property Group for 1044 Atlantic Avenue on November 25, 2025.
• Watermark Capital Group borrowed $31 million from QuadReal Property Group for 187 Leonard Street on July 09, 2025.
• Watermark Capital Group borrowed $31.2 million from QuadReal Property Group for 17 Monitor Street on July 09, 2025.
• Quinlan Development Group borrowed $56 million from QuadReal Property Group for 224 REAR Classon Avenue on June 21, 2024.
• Avery Hall Investments borrowed $140.2 million from KKR & Co. for 17 Boerum Place on May 17, 2024.
• EMP Capital Group borrowed $110 million from QuadReal Property Group for 874 Atlantic Avenue on May 01, 2024.
• EMP Capital Group borrowed $109 million from QuadReal Property Group for None on December 22, 2023.
Latest Stories:
• EMP Capital ups debt to $140M with QuadReal for 474 units in Crown Heights (December 15, 2025)
• Watermark modifies ground lease with St. Cecilia’s in Williamsburg valued at $9M (July 23, 2025)
• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)