Rithm Property Trust Company Description
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.
| Country | United States |
| Founded | 2014 |
| Industry | Real Estate Investment Trusts |
| Employees | 1 |
| CEO | Michael Nierenberg |
Contact Details
Address: 799 Broadway New York, New York 10003 United States | |
| Phone | 646 868 5483 |
| Website | rithmpropertytrust.com |
Stock Details
| Ticker Symbol | 45R0 |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Michael Nierenberg | Chief Executive Officer |
| Nicola Santoro | Chief Financial Officer |