Bismarck–Mandan Metro
A stable, low-volatility market with consistent renter demand and strong absorption, even during new supply cycles.
Market Opportunity
Paramount Development Group is strategically focused on the Bismarck–Mandan metro and surrounding communities—an area defined by resilience, steady growth, and long-term housing demand.
Why This Market?
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North Bismarck Growth Hub
One of the region’s fastest-growing corridors, where Paramount has two planned multifamily projects aligned with expanding infrastructure and demand.
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Regional Strengths
A diverse employment base spanning healthcare, energy, education, finance, and government supports a strong economy and reliable demand for housing.
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Balanced mix of stabilized cash-flow assets, value-add renovations, and selective developments.
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Conservative underwriting, strong reserves, and vertical integration reduce execution risk.
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We target Commercial Value Add opportunities in stable, low-volatility markets with consistent renter demand and long-term fundamentals.
Our Investment Plan
Paramount Development Group follows a disciplined investment strategy designed to protect investor capital while driving long-term growth.
The Result: Resilient returns for investors, sustainable growth for our portfolio, and meaningful impact for the communities we develop.
Our Vision
At Paramount Development Group, we take a disciplined and strategic approach to development and investment—focused on creating long-term value while serving real community needs.
What We Target:
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Multifamily Focus
Value-add, stabilized, and new development multifamily projects designed to deliver consistent returns and durable cash flow.
Community Involvement
At Paramount Development Group, we believe development should serve more than investors—it should serve the community. Strong communities are built through intentional investment in both people and place. That’s why we actively engage with local organizations, civic leaders, and nonprofits to ensure our projects support broader community goals.
From workforce housing that keeps talent local, to mixed-use developments that create vibrant hubs of activity, we are committed to building projects that address real needs and generate lasting value. Beyond the buildings, we support initiatives that strengthen community infrastructure, youth development, and quality of life—because true progress comes when development and community move forward together.
Why We Do It:
We believe strong communities are built with intention. By aligning development with the needs of residents, employers, and investors, Paramount Development Group creates projects that not only perform financially but also enrich the fabric of the community. For us, success is measured in more than numbers—it’s measured in the strength, stability, and pride of the communities we help shape.
Our Company Partners
We are proud to work with trusted partners who share our vision and support our developments, helping us create lasting value for the communities we serve.
