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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...
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 ...
Paramount Group CEO Albert Behler’s past business deals with a Paramount board member adds to the growing number of questions about the office landlord’s decision-making and the independence of its board. Behler provided loans and invested...