BREAKING NEWS: Rithm Capital to Acquire Paramount Group

Global alternative asset manager Rithm Capital Corp. said Wednesday it has agreed to acquire Paramount Group, Inc., a vertically-integrated REIT that owns, operates, manages, and redevelops Class A office properties in New York City and San Francisco, for approximately $1.6 billion. Paramount's portfolio includes 13 owned and four managed office assets totaling more than 13.1 ...

via: https://www.connectcre.com/stories/breaking-news-rithm-capital-to-acquire-paramount-group/