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Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Buys Paramount Group for $1.6 Billion

Rithm Capital Corp., a global alternative asset manager, announced its $1.6 billion acquisition of Paramount Group Inc. (NYSE: PGRE), a real estate investment trust focused on Class A office properties in New York City and San Francisco. The transaction values New...

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Kansas Considers Proposal to End Property Taxes

Kansas Considers Proposal to End Property Taxes

Kansas has become the latest state to consider the elimination of property taxes. KSNT.com reports Rep. Blake Carpenter has put forth a proposal for a constitutional amendment that would eliminate property taxes, along with vehicle taxes and the state income tax....

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