About: Rithm Property Trust Inc., an externally managed real estate investment trust (REIT), focuses on investments in the commercial real estate (CRE) sector. It operates through two segments: Residential and Commercial. The Residential segment is involved in managing its portfolio of residential mortgage assets, including whole mortgage loans, residential mortgage-backed securities, and beneficial interests. The Commercial segment is focused on originating, acquiring, and managing portfolios of commercial mortgage-backed securities, commercial real property, commercial mortgage loans, and other CRE investments. It operates in California, Florida, New York, New Jersey, Maryland, Virginia, Illinois, Georgia, Texas, North Carolina, and internationally. The company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was formerly Great Ajax Corp. and changed its name to Rithm Property Trust Inc. in December 2024. Rithm Property Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.
Sector: Real Estate
Industry: REIT - Mortgage
Latest price: $11.33 (+2.53%)
RPT NYSE Rithm Property Trust Inc.
Rithm Property Trust Inc. share price
RPT price activity
Last Price
$11.170
Change (24hr)
0.12 USD (1.09%)
Volume
19.24K
Volume (4w avg)
-
Open
$11.19
Day Range
$11.02 - $11.41
Previous Close
$11.05
Last Trade
04 Nov, 9:10 pm GMT+0
Delayed
04 Nov, 9:10 pm GMT+0
RPT price performance
Delayed
04 Nov, 9:10 pm GMT+0
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