Paramount Group is moving ahead with its process to sell the company while its CEO’s perks and deals continue to be scrutinized. Paramount, a major office landlord in New York City and San Francisco, said it was exploring a possible sale of the company a few months ago as part of a “strategic review.” Now, the REIT has reached the second round of bidding in its sales process, according to sources familiar with the matter. Vornado, SL Green, Empire State Realty Trust, Blackstone, DivcoWest partnering with Dubai-based Saray Capital, and Rithm Capital are making bids to acquire the company, according […]
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