Brief
Rithm Capital Rebrands Paramount Group as Elecor Properties
Michael Nierenberg’s Rithm Capital has a new vision for the 16-building office portfolio it purchased from Paramount Group — one that’s going to come with $250 million of new capital improvements. Ri

Summary
Michael Nierenberg’s Rithm Capital has a new vision for the 16-building office portfolio it purchased from Paramount Group — one that’s going to come with $250 million of new capital improvements.
Rithm Capital will rebrand Paramount Group as Elecor Properties, a real estate platform that will aim to position what was Paramount’s 13.
8 million-square-foot New […]
Source
- Commercial Observercommercialobserver.com

