Posts Tagged ‘Group’
Pro-housing group sues Newsom over duplex law suspension in fire zones
A pro-housing group sued Gov. Gavin Newsom on Wednesday over his decision to restrict SB 9, a housing law that allows owners to parcel up their properties, in the wake of the January fires.YIMBY Law, a San Francisco-based organization, alleges...
Behind Rithm Capital’s $1.6B Deal to Buy Paramount Group
Rithm Capital’s deal to buy Paramount Group for $1.6 billion came as a bit of a surprise.After bids from Blackstone, SL Green and Empire State Realty Trust, it was Rithm, a lesser-known but still deep-pocketed asset manager with a focus on mo...
Nimes Real Estate Gets Peachtree Group Hotel Financing
A boutique hotel in Burbank is headed for a makeover after securing crucial funds. Nimes Real Estate will receive $55 million of bridge financing to recapitalize the Hotel Amarano Burbank-Hollywood, Commercial Observer reported. Beverly Hills-...
Rithm Capital Likely Winner of Paramount Group Acquisition
Rithm Capital is nearing the finish line to acquire New York City and San Francisco office landlord Paramount Group, according to sources familiar with the matter.This comes after a months-long multiple-round bidding process, which included SL ...
