Rithm Property Trust Acquires Minority Stake in Paramount Group Portfolio

Reuters12-20
<a href="https://laohu8.com/S/RPTCV">Rithm Property Trust</a> Acquires Minority Stake in <a href="https://laohu8.com/S/PGRE">Paramount Group</a> Portfolio

Rithm Property Trust Inc. has completed the acquisition of an indirect minority interest in Paramount Group Operating Partnership LP, which owns a portfolio of ten commercial office properties in New York and San Francisco. The investment was financed with cash on hand and approved by the company's independent directors. Rithm Capital Corp. and its affiliates will manage the portfolio.

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