Rithm Capital
German Lawyers’ Pension Fund Records $67MM (€57.9MM) Write-Down on 750,000 SQFT Transamerica Pyramid as BVK Exits San Francisco Landmark at ~$700MM
Hessen retirement scheme absorbs full loss on preferred equity tranche after post-pandemic office downturn and a costly renovation erode value of San Francisco’s...
Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021
The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...
386,000 SQFT Trophy Office Tower at 55 Second Street Hits the Market in San Francisco After Paramount Group Default
The LEED Platinum, 2002-vintage tower offers nearly 300,000 square feet of contiguous vacancy and prominent building signage in the heart of the Second...
Yoda Plc Reaches Deal to Acquire San Francisco’s Iconic 500,000 SQFT Transamerica Pyramid from SHVO-Led Investor Group
Cyprus-based investment conglomerate strikes deal for the landmark 48-story skyscraper after months of tensions between developer Michael Shvo and German pension fund Bayerische...
Aronson Family Trust Lists 47,000 SQFT Union Square Office and Retail Building at 100 Post Street in San Francisco
The mixed-use property at the convergence of the North Financial District and Union Square offers a flagship opportunity as the San Francisco office...
Rithm Capital Agrees to Acquire Paramount Group For $1.6 Billion
Acquisition Will Provide Rithm with Class A Office Portfolio at Scale in Premier Markets at Attractive Levels | Expands and Diversifies Rithm’s Commercial...
Rithm Capital Poised to Acquire Struggling Office Giant Paramount Group in $1.6 Billion Deal
Deal valued at $1.6 billion signals renewed confidence in Manhattan and San Francisco commercial real estate A New York-based real estate investment firm...
Adam Neumann’s Surprise WeWork Bid: Can He Reclaim the Co-Working Empire He Built?
The saga of WeWork continues to take unexpected turns. The co-working company, seeking to escape the legacy of its tumultuous past, faces a...
