Steinkrauss named principal at Paramount

According to Paramount Partners, a full-service commercial real estate firm with offices in Hingham, Mass., Old Saybrook and New London, Conn., Walter Steinkrauss has become a principal. Steinkrauss was previously serving as Paramount's director of retail development consulting. A veteran in the commercial real estate industry, Steinkrauss delivers experience in retail construction and development,as well as valuable insight into markets throughout much of New England. "We are extremely pleased to welcome Walter to our management team," said managing principal Deborah Meyers. "He is a highly respected member of the real estate community, mirroring our company's mission of establishing long-term relationships by delivering quality service to our clients. In his new role as principal, Walter will work with Richard Pilla and me as we grow our new platform." Steinkrauss said, "As a leader in the commercial real estate industry, Paramount Partners is committed to delivering innovative solutions and value-add results. As a principal, I look forward to helping facilitate the firm's future growth through the expansion of our business model."