Paramount Group, the owner of Class A office properties in New York and San Francisco, has agreed to sell itself to alternative asset manager Rithm Capital for $1.6 billion, following a strategic review.
Office landlord Paramount agrees to Rithm Capital’s $1.6 billion buyout offer
REIT owns top-tier properties in New York, San Francisco
By Andria Cheng
CoStar NewsSeptember 18, 2025 | 2:26 AM
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IN THIS ARTICLE
- Companies
- Paramount Group, Inc.
Real Estate
- Rithm Capital Corp
Finance and Insurance