Rithm Capital Acquires Paramount Group (PGRE) for $1.6 Billion
December 19, 2025
Rithm Capital Corp. completed its previously announced acquisition of Paramount Group, Inc., a vertically integrated REIT owning Class A office properties in New York City and San Francisco. The transaction expands Rithm’s integrated owner-operator asset management platform and increases its commercial real estate footprint.
- Buyers
- Rithm Capital Corp., Rithm Capital
- Targets
- Paramount Group, Inc.
- Industry
- Real Estate
- Location
- New York, United States
- Transaction Type
- Buyout
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