realestate

Skadden, Latham steer $1.6B Paramount real estate deal

Paramount Group sold to Rithm Capital Corp for ~$1.6B, with Skadden Arps and Latham & Watkins advising, says Wednesday.

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aramount Group, a real‑estate investment trust, is being sold to Rithm Capital Corp. for roughly $1.6 billion. Skadden Arps Slate Meagher & Flom LLP advises Rithm, while Latham & Watkins LLP represents Paramount, the parties announced Wednesday. By Al Barbarino, Sept. 17, 2025. Law360 tracks the deal and offers a subscription that delivers daily newsletters, expert analysis, a mobile app, advanced search, judge data, real‑time alerts and access to 450,000+ archived articles. Law360 keeps you ahead of fast‑moving legal issues. Try it with a free 7‑day trial.

Skadden, Latham negotiate $1.6B Paramount real estate transaction.