Rithm Capital Closes on Paramount Group Acquisition

Rithm Capital Closes on Paramount Group Acquisition

Rithm Capital Corp. said Friday it had completed its previously announced $1.6-billion acquisition of Paramount Group, Inc., a vertically integrated REIT that owns, operates and manages Class A office properties in New... Read more »
Rithm will publicly offer up to 34.5M shares of common stock

Rithm will publicly offer up to 34.5M shares of common stock

New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares... Read more »
Rithm Capital delivers 4M profit in 2023 

Rithm Capital delivers $524M profit in 2023 

New York-based Rithm Capital posted a profit in 2023, a year marked by several acquisitions that turned the company into a leading global asset manager. In the mortgage space, the parent of multichannel lender Newrez... Read more »
Rithm Capital completes acquisition of Sculptor

Rithm Capital completes acquisition of Sculptor

New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.  The deal was made public four months ago and created a dispute among investors... Read more »
With increased offer, Rithm now expected to close on Sculptor

With increased offer, Rithm now expected to close on Sculptor

New York-based Rithm Capital, the parent company of Newrez, has received the blessing of Sculptor’s founder Daniel S. Och and his group to acquire the asset management firm for $719 million, representing a 14% increase over the... Read more »
Rithm delivers 4M profit in Q3 amid M&A deals

Rithm delivers $194M profit in Q3 amid M&A deals

Regarding acquiring Specialized Loan Servicing for a purchase price of approximately $720 million, Nierenberg added that it “helps grow our third-party servicing business and reinforces our position as one of the leading... Read more »