04:20 PM EDT, 09/16/2025 (MT Newswires) -- Rithm Capital ( RITM ) is nearing an acquisition of Paramount Group ( PGRE ) , a Manhattan and San Francisco office landlord, The Wall Street Journal reported Tuesday, citing people familiar with the matter.

Paramount has drawn interest from multiple suitors, including Blackstone (BX), SL Green Realty ( SLG/PI ) and Vornado Realty ( VNO ) , with Rithm Capital ( RITM ) emerging as the frontrunner, the report said.

Terms of the deal remain undisclosed and may be announced as early as this week, the report said.

Rithm and Paramount did not immediately respond to requests for comment from MT Newswires.

Parmount shares rose 4.2% in regular Tuesday trading, and Rithm fell 2.7%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)