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AI brief of an SEC Form 8-K · Rithm Capital (RITM)

Rithm Capital completes $6.60-per-share acquisition of Paramount Group

Neutral Impact 5 of 5 m&a Written later

On December 19, 2025, Rithm Capital completed its merger with Paramount Group, Inc. under an agreement dated September 17, 2025, and Paramount's separate corporate existence ended. Paramount common stock and operating partnership units were converted into the right to receive $6.60 in cash each, without interest, so former Paramount shareholders are paid in cash and no longer hold shares.

Key points

  • Paramount common stock converted into the right to receive $6.60 per share in cash, without interest.
  • Rithm funded the consideration with cash on hand and a $50 million equity investment from Rithm Property Trust Inc., an externally managed affiliate of Rithm.
  • Paramount owns 13 office assets and manages 4 more, totaling more than 13.1 million square feet in New York City and San Francisco.
  • Albert Behler, Chairman, Chief Executive Officer and President of Paramount, is departing the company at closing; Paramount will be rebranded.

The filing

CompanyRithm Capital (RITM)
Form8-K, current report
Filed with the SECDec 19, 2025, 4:05 PM ET
Accession number0001140361-25-046188

Items reported: 2.01 Acquisition or Disposition Completed7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.