Rithm Capital, DRA Advisors form joint venture for 1301 Avenue of the Americas
Rithm Capital and DRA Advisors announced a joint venture for ownership of 1301 Avenue of the Americas.
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Rithm Capital Forms JV for NYC Tower, Retains Majority Stake
Rithm Capital has closed a joint venture with a DRA Advisors fund for the ownership of 1301 Avenue of the Americas. Rithm, through Elecor, will maintain majority ownership and manage the fully leased, 1.7 million square foot Midtown Manhattan tower.
Rithm Cap and DRA Advisors Form Joint Venture
Rithm Capital and DRA Advisors have announced a joint venture to own 1301 Avenue of the Americas.