Rithm Capital Corp. (RITM): M&A transaction — Rithm Capital completes acquisition of Paramount Group for $6.60 per share cash

Rithm Capital Corp.

Paramount shareholders received $6.60 per share in cash; total deal value includes $50M equity investment from Rithm Property Trust.
Portfolio includes 13 owned, 4 managed office assets totaling over 13.1M sq ft in NYC and San Francisco.
Albert Behler, Paramount's Chairman, CEO and President, departs following the closing.
Rithm plans to leverage its asset management platform to enhance and amenitize the portfolio.
Deal funded through cash on hand and $50M equity from Rithm Property Trust, an affiliate-managed entity.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

Rithm Capital Corp. completed an acquisition involving Paramount Group, Inc. for an amount in cash equal to $6.60 per share of Paramount common stock (closed 2025-12-19).

Action: acquisition
Counterparty: Paramount Group, Inc.
Consideration: an amount in cash equal to $6.60 per share of Paramount common stock
Closing: 2025-12-19

Exact text from the filing

Paramount and the limited partners party thereto (the “ OP Agreement ”)) in effect on such date with respect to such Operating Partnership Common Units multiplied by (ii) $6.60, without interest (the “ Partnership Merger Consideration ”). Each issued and outstanding Operating Partnership Common Unit held by (i) the Rithm Parties or any of their

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4 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Rithm Capital Corp. filing history →

Source: SEC EDGAR

accession 0001140361-25-046188

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