Welcome to our dedicated page for Rithm Property Trust news (Ticker: RPT), a resource for investors and traders seeking the latest updates and insights on Rithm Property Trust stock.
Rithm Property Trust Inc. (NYSE: RPT) is a real estate investment trust (REIT) and real estate investment platform externally managed by an affiliate of Rithm Capital Corp. The company’s news flow centers on its commercial real estate focused investment strategy, mortgage- and securities-related holdings, capital structure decisions, and regular financial reporting.
Investors following RPT news can see recurring quarterly earnings announcements, where the company reports GAAP comprehensive income, earnings available for distribution, book value per common share, and details of its net interest income, expenses, and other income or loss items. These releases are often accompanied by information on conference calls and webcasts that discuss recent performance and portfolio activity.
Rithm Property Trust also issues dividend declarations for both its common stock and its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. These updates outline per-share dividend amounts and relevant record and payment dates, reflecting the company’s REIT requirement to distribute a significant portion of its taxable income.
Another category of news involves capital and portfolio actions, such as the one-for-six reverse stock split of the company’s common stock and investments in commercial mortgage-backed securities, mortgage loans, and an indirect minority interest in Paramount Group Operating Partnership LP. Press releases and related SEC filings describe how these actions affect the share count, trading characteristics, and composition of the investment portfolio.
By reviewing RPT news, readers can track how management describes its flexible commercial real estate focused investment strategy, its use of the non-GAAP earnings available for distribution metric, and the evolving mix of mortgage loans, CMBS, RMBS, and other real estate-related investments. This page aggregates those updates so users can monitor ongoing disclosures and corporate developments.
Rithm Property Trust (NYSE:RPT) has announced its dividend declarations for Q2 2025. The company will distribute a cash dividend of $0.06 per share of common stock, payable on August 29, 2025, to stockholders of record as of August 15, 2025.
Additionally, the Board declared a dividend of $0.6171875 per share for its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, payable on August 15, 2025, to preferred stockholders of record on August 1, 2025.
Rithm Property Trust (NYSE: RPT) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results for the period ended June 30, 2025, on Thursday, July 24, 2025 after market close.
Management will host a conference call the same day at 5:00 P.M. Eastern Time. Investors can access the webcast through the company's website at www.rithmpropertytrust.com. A replay will be available until August 7, 2025 in the Events & Presentations section.
Rithm Property Trust (NYSE: RPT) reported its Q1 2025 financial results with GAAP comprehensive income of $1.1 million ($0.02 per diluted share), down from $2.2 million in Q4 2024. The company posted earnings available for distribution of $0.7 million ($0.02 per diluted share) and paid a common dividend of $2.7 million ($0.06 per share).
During Q1 2025, RPT deployed $64 million in capital, including $46.7 million in CMBS acquisitions and $17.5 million in a floating rate senior mortgage loan in NYC. The company issued 2.08 million shares of 9.875% Series C Preferred Stock, raising net proceeds of $50.8 million. Additionally, RPT sold legacy RMBS worth $20.7 million, reducing its RMBS portfolio to $101.1 million UPB.
The company's book value per share decreased slightly to $5.40 from $5.44 in the previous quarter, with total equity of $295.9 million.
Rithm Property Trust (NYSE: RPT) has announced its Board of Directors' declaration of first quarter 2025 dividend for its Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The dividend is set at $0.4937500 per share, calculated at a pro-rata accrual rate of 9.875% from the Series C issuance date of March 4th until the payment date. The dividend will be paid on May 15, 2025, to preferred shareholders of record as of May 1, 2025.
Rithm Property Trust (NYSE: RPT) has announced its schedule for first quarter 2025 earnings release and conference call. The company will release its Q1 2025 financial results for the period ended March 31, 2025, on Monday, April 28, 2025, before the NYSE opening.
Management will host a conference call the same day at 8:00 A.M. Eastern Time. A webcast will be available on the company's website, with pre-registration encouraged. A replay of the conference call will be accessible until May 12, 2025.
Rithm Property Trust (NYSE: RPT) has announced the sale of an additional 84,232 shares of its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock through a partial exercise of the over-allotment option. This sale generated additional gross proceeds of $2,105,800 before deducting underwriting discounts and offering expenses.
The Series C Preferred Stock began trading on the NYSE under the symbol RPT.PRC on March 12, 2025. The company plans to use the net proceeds for investments and general corporate and working capital purposes. The offering was managed by Janney Montgomery Scott , BTIG, , and Piper Sandler & Co. as book-running managers, with Lucid Capital Markets, , JonesTrading Institutional Services , and Wedbush Securities Inc. serving as co-managers.
Rithm Property Trust (NYSE: RPT) has announced that its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock has received approval for listing on the New York Stock Exchange under the symbol 'RPT PRC'. Trading is expected to begin on March 12, 2025.
Rithm Property Trust, formerly known as Great Ajax Corp., is a real estate investment platform externally managed by a Rithm Capital Corp. (NYSE: RITM) affiliate. The company is transitioning from its historical focus on re-performing and non-performing loans secured by single-family residences and commercial properties to a flexible commercial real estate focused investment strategy.
Rithm Property Trust (NYSE: RPT) has announced the pricing of a public offering of 2,000,000 shares of its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock at $25.00 per share, generating gross proceeds of $50 million. The company has granted underwriters a 30-day option to purchase up to 300,000 additional shares for over-allotments.
The offering is expected to close on March 4, 2025, with proceeds intended for investments and general corporate purposes. RPT plans to list the Series C Preferred Stock on the NYSE under the symbol 'RPTP'. The offering is being managed by Janney Montgomery Scott, BTIG, and Piper Sandler as book-running managers, with Lucid Capital Markets, JonesTrading, and Wedbush Securities as co-managers.
Rithm Property Trust Inc. (NYSE: RPT) has announced the commencement of a public offering of its Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock with a $25.00 per share liquidation preference. The company plans to grant underwriters a 30-day option to purchase additional shares to cover over-allotments.
RPT intends to use the net proceeds from the offering for investments and general corporate and working capital purposes. Following the offering, the company plans to apply for listing the Series C Preferred Stock on the New York Stock Exchange.
The offering's book-running managers are Janney Montgomery Scott , BTIG, and Piper Sandler & Co., with Lucid Capital Markets, , JonesTrading Institutional Services and Wedbush Securities Inc. acting as co-managers. The offering is being made through the company's effective shelf registration statement filed with the SEC.
Formerly known as Great Ajax Corp., Rithm Property Trust is a real estate investment platform externally managed by an affiliate of Rithm Capital Corp. (NYSE: RITM) and is organized as a REIT.
Rithm Property Trust (NYSE: RPT) reported its Q4 2024 financial results, showing improvement with GAAP net income of $2.9 million ($0.06 per diluted share), compared to a loss of $8.0 million in Q3 2024. The company achieved earnings available for distribution of $0.3 million ($0.01 per diluted share).
The company's book value per common share stood at $5.44 as of December 31, 2024, with total book value at $246.9 million. During Q4, RPT paid a common dividend of $2.8 million ($0.06 per share).
Since taking over Great Ajax's management in June 2024, the company has rebranded to Rithm Property Trust and made significant progress in commercial real estate investments, acquiring $154 million in UPB of commercial mortgage-backed securities (CMBS), bringing their total CMBS investment to $244 million UPB.