Paramount
One Sarasota Tower
2 North Tamiami Trail
Suite 800
Sarasota, FL 34236
p: 941.256.9800
info@pdevp.com

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Our Team

Choosing Good People

We choose the best individuals and companies while they are at the peak of their professional performance, recognizing that no one can be at the top of their game all of the time, under every situation.

It Starts With Our Principals

Each of the three principals of Paramount has more than 23 years of experience in real estate development.

Stephan Gietl, Principal

  • Has over two decades of experience developing retail mixed-used and residential projects both in the United States and Central Eastern Europe
  • Had full responsibility for a 1MM SF mixed-use development, which sold for $700MM to a large German REIT
  • Has a background specializing in in luxury developments, such as ”The Crimson” in Miami
  • Brings a focus on finance, with ample experience dealing with institutional funds
  • Holds three university degrees and is often invited to speak and teach at Harvard University on subjects related to real estate development

Tom Settle, Principal

  • Developed 8,000+ apartments
  • Heavily experienced in developing “luxury” (class A) apartments
  • Specializes in site selection, government relations, product design, etc.
  • Was project partner at P.A.C Land development (1995-2012) prior to joining Beneficial Communities / Paramount Partners
  • Attended the University of Florida and graduated from the University of Cincinnati

Don Paxton, Principal

  • Has been developing apartments in more than 25 states for the past 23 years
  • With more than 150 completed projects, he has been responsible for the development two of the once-largest multi-family developers in the county
  • Has a focus on operations amongst all other aspects of the business
  • Experienced in dealing with piecing together complicated capital stack, both public and private
  • Is a graduate of the University of Florida with a business degree focused on Real Estate and Economics