Paramount Group Reaffirms Merger with Rithm Capital

Paramount Group ( (PGRE) ) has shared an update.

On September 17, 2025, Paramount Group entered into a Merger Agreement with Rithm Capital Corp. and its subsidiaries, which involves merging the Operating Partnership and the Company with Rithm’s subsidiaries. This merger will result in the Operating Partnership and the Surviving Entity being indirectly controlled by Rithm. On December 8, 2025, Sponsor A submitted a non-binding proposal to acquire all shares of Paramount Group at $6.95 per share, which was deemed less favorable compared to the existing Merger Agreement. The Board of Paramount Group, after reviewing the proposal, reaffirmed its recommendation to proceed with the Merger Agreement with Rithm, citing deficiencies in Sponsor A’s proposal, including lack of committed financing and clarity on terms.

The most recent analyst rating on (PGRE) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Paramount Group stock, see the PGRE Stock Forecast page.

Spark’s Take on PGRE Stock

According to Spark, TipRanks’ AI Analyst, PGRE is a Neutral.

The overall stock score is primarily influenced by the positive impact of the acquisition announcement, which offsets the weak financial performance and valuation concerns. Technical analysis suggests a neutral market position, while the lack of earnings call data limits further insights.

To see Spark’s full report on PGRE stock, click here.

More about Paramount Group

Paramount Group, Inc. is a Maryland-based corporation involved in real estate investment, focusing on the acquisition, management, and development of high-quality office properties in select central business district submarkets of New York City, Washington, D.C., and San Francisco.

Average Trading Volume: 3,692,012

Technical Sentiment Signal: Buy

Current Market Cap: $1.56B

Learn more about PGRE stock on TipRanks’ Stock Analysis page.