Rithm Capital near deal to acquire Paramount Group, WSJ reports

Rithm Capital (RITM) is near an agreement to acquire Paramount Group (PGRE), a major Manhattan and San Francisco office landlord, the Wall Street Journal’s Rebecca Picciotto, Lauren Thomas, and Ben Glickman report. The sale process also attracted interest from firms like Blackstone (BX), as well as office owners SL Green (SLG) and Vornado (VNO), the authors say, citing people familiar with the matter.