Rithm Capital Rebrands Paramount Group as Elecor Properties, Plans $250 Million in Upgrades

MT Newswires Live

04/28

Rithm Capital (RITM) said late Monday that its commercial real estate platform, Paramount Group, has officially rebranded as Elecor Properties.

Rithm and its key joint venture partners plan to invest about $250 million in capital improvements across Elecor's office portfolio, the company said.

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