Albert Behler’s “golden parachute” will allow him to enjoy more than a few dinners at Le Bernardin. If the Paramount Group CEO and Chairman steps down from his position after the company’s sale to ...

The REIT, which owns 13M SF of commercial real estate, has been exploring a potential sale of the company or other “strategic alternatives” since May. That process has reached the second round of bids ...

Rithm Capital Corp. is set to acquire Paramount Group for $1.6 billion, gaining 13 owned and 4 managed office properties totaling 13.1 million square feet in New York and San Francisco. The deal, ...

Paramount Group is moving ahead with its process to sell the company while its CEO’s perks and deals continue to be scrutinized. Paramount, a major office landlord in New York City and San Francisco, ...

Boston-based Solel Partners sold 4.2 million shares of Paramount Group in the third quarter for an estimated $25.6 million. The transaction value equaled 4.9% of the fund’s reportable U.S. equity ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paramount Group, Inc. (NYSE: PGRE) to Rithm Capital Corp. for $6.60 per share is fair to ...

Paramount Group’s second-quarter earnings call mentioned a major unreported lease, but not a different lease signed after the quarter ended. Chairman and CEO Albert Behler told analysts that 1301 ...

Rithm Capital agreed to acquire Paramount Group, a real estate investment trust with properties in New York City and San Francisco, for $1.6 billion. The Wall Street Journal reported on Tuesday that ...

Shareholders of a New York-based office REIT rejected a multimillion-dollar golden parachute for its embattled CEO while also greenlighting a $1.6B merger with a mortgage lender. Paramount Group ...

(Reuters) - Global asset manager Rithm Capital on Wednesday said it had agreed to acquire office portfolio owner Paramount Group for $1.6 billion in cash, betting on a rebound in office real estate.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The multibillion-dollar deal ...