Basin Street Properties, a prominent real estate investment, development, and management firm, is pleased to announce Paramount Residential Mortgage Group (PRMG) has signed a 1,966 square foot lease at Point West Commerce Centre in Sacramento. This is one of seven new leases Basin Street has completed in Point West in the past 12-months, totaling 19,046 square feet of new activity.

“We’re excited about our move to Point West Commerce Centre,” said Ken Clark, Branch Manager at PRMG. “Our team has been thoroughly impressed with the professional and dedicated property management team as well as the various amenities both onsite and nearby, making it the perfect location for our growing business.”

PRMG is a leading national mortgage lender, dedicated to helping individuals and families achieve their homeownership dreams. Established in 2001, PRMG offers a comprehensive range of residential mortgage products, including conventional loans, FHA loans, VA loans, and jumbo loans, tailored to meet diverse client needs. The company prides itself on delivering exceptional customer service, innovative lending solutions, and a seamless loan process. With a network of branch offices and a team of experienced mortgage professionals, PRMG strives to provide personalized guidance and support to borrowers throughout their homebuying journey. Committed to ethical practices and community involvement, PRMG continues to be a trusted partner in the mortgage industry, helping clients navigate the complexities of home financing with confidence and ease.

Point West Commerce Centre at 1545 River Park Drive is a Class A, 121,605 square foot office campus that is part of Basin Street’s Point West Portfolio. The Point West community is located approximately five miles northeast of downtown Sacramento, directly adjacent to the Capital City Freeway. The Point West area is a well-established commercial and residential district offering exceptional shopping, dining and office destinations for the greater Sacramento region. Given the area’s easy freeway access, central location, and diverse mix of suburban residential, commercial and residential uses, it has been identified as a future site for additional development.

“We are excited to welcome PRMG to our property,” said Jacob Chaparian, Director of Leasing at Basin Street Properties. “We are confident that Point West Commerce Centre will provide a welcoming and productive setting for PRMG’s employees and clients. We look forward to watching them succeed at our property.”

Nicole Clark of KNC Properties represented Paramount Residential Mortgage Group. Jack Blackmon and Matt Alemania of Newmark represented Basin Street Properties.