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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

$RITMPress releaseApr 27, 2026, 4:30 PM ETRead the release

Rithm Capital announced that its commercial real estate platform, formerly known as Paramount Group, has officially rebranded as Elecor Properties to reflect a strategic transformation toward a modern workplace operating platform. The rebrand is backed by plans for approximately $250 million in capital improvements across the platform's trophy office portfolio in New York City and San Francisco.

Key figures

Leasing sq ft 2025
1740000
Capital improvements usd
250000000

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