Rithm Capital Completes Acquisition of Paramount Group, Inc.
PGRENEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (“Rithm” or “Rithm Capital”), a global alternative asset manager, today announced the successful completion of its previously announced acquisition of Paramount Group, Inc. (NYSE: PGRE) (“Paramount”), a vertically-integrated real estate investment trust that owns, operates, and manages Class A office properties in New York City and San Francisco. The Paramount portfolio includes 13 owned and 4 managed high-quality office assets, totaling more than
Paramount Completes $900 Million Refinancing of 1301 Avenue of the Americas
PGRENEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today the successful completion of a $900 million refinancing of 1301 Avenue of the Americas, a 1.8 million square-foot Class A office building, located between 52nd and 53rd Streets in the heart of Midtown Manhattan. The refinancing was supported by recent leasing momentum, which brought leased occupancy to over 97%, a reflection of the building’s leading market position. The new five-year, i
The Analyst Verdict: Paramount Group In The Eyes Of 4 Experts
PGREEvercore ISI Group Upgrades Paramount Group to Outperform, Raises Price Target to $8
PGREWells Fargo Maintains Underweight on Paramount Group, Lowers Price Target to $4.5
PGREParamount Group Announces Strategic Alternatives Review To Maximize Shareholder Value
PGREParamount Group Sells 25% Interest In One Front Street At Gross Asset Valuation Of $255M
PGREParamount Has Signed A 121,000 Square Foot, 16.5 Year Lease With Benesch, Friedlander, Coplan & Aronoff At 1301 Avenue Of The Americas In Midtown Manhattan
PGREParamount Group Affirms FY2025 FFO Guidance of $0.51-$0.57 vs $0.52 Est
PGREParamount Group Q1 FFO $0.17 Beats $0.16 Estimate, Sales $187.02M Beat $180.70M Estimate
PGREMorgan Stanley Maintains Equal-Weight on Paramount Group, Lowers Price Target to $4
PGREParamount Group Sees FY2025 Core FFO Per diluted share $0.51-$0.57 vs $0.48 Est
PGREParamount Group Q4 Core FFO Per diluted share $0.19 Beats $0.18 Estimate, Sales $186.27M Miss $186.91M Estimate
PGREMizuho Maintains Outperform on Paramount Group, Lowers Price Target to $5
PGREEvercore ISI Group Maintains In-Line on Paramount Group, Raises Price Target to $6
PGREWhere Paramount Group Stands With Analysts
PGREWithin the last quarter, Paramount Group (NYSE:PGRE) has observed the following analyst ratings:
5 Analysts Have This to Say About Paramount Group
PGREWithin the last quarter, Paramount Group (NYSE:PGRE) has observed the following analyst ratings:
Analyst Ratings for Paramount Group
PGREWithin the last quarter, Paramount Group (NYSE:PGRE) has observed the following analyst ratings:
Morgan Stanley Maintains Overweight on Paramount Group, Lowers Price Target to $8
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