Rithm Capital rebrands Paramount Group as Elecor Properties

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Rithm Capital’s Paramount Group Rebrands as Elecor Properties, a Premier Real Assets Platform Built for the Future of the Workplace

April 27, 2026 4:30 PM EDT

Rithm Capital and Key Joint Venture (JV) Partners Plan for Approximately $250 Million in Capital Improvements to Enhance Trophy Office Portfolio Across New York City and San Francisco, Following Record 1.74 Million Square Feet of Leasing in 2025

NEW YORK--(BUSINESS WIRE)-- Rithm Capital Corp. (NYSE: RITM) ("Rithm"), a global alternative asset manager, today announced that its commercial real estate platform Paramount Group, has officially rebranded as Elecor Properties ("Elecor"), a premier real estate platform redefining the modern workplace. The new identity reflects a strategic transformation from a high... More