Rithm Property Trust Inc (RPT)

In Q3 2025, RPT announced its earnings, reporting a stabilization of its financial position and maintaining a $0.06 dividend per share. On December 19, 2025, Rithm Property Trust announced a reverse stock split and acquired a 3.9% interest in a real estate partnership with a $50 million cash investment. On January 20, 2026, the company declared its fourth-quarter 2025 common and preferred stock dividends, including a $0.36 per share common stock dividend. On January 28, 2026, Rithm Property Trust Inc. announced the tax treatment of its 2025 dividends.

Specific demand seasonality for Rithm Property Trust, Inc.'s products and services was not explicitly detailed. Its demand may be influenced by broader economic cycles, interest rate environments, and the overall health of the commercial real estate market. The company's strategic shift suggests an adaptability to market conditions rather than a reliance on strict seasonal demand.

Rithm Property Trust, Inc. (RPT) is a real estate investment trust (REIT) operating primarily in the United States. The company has transitioned from focusing on re-performing and non-performing residential loans to a flexible commercial real estate (CRE) focused investment strategy. RPT acquires and originates various commercial real estate assets, including loans, debt, equity, servicing rights, properties, and other securities. Formerly known as Great Ajax Corp., the company changed its name to Rithm Property Trust Inc. in December 2024 and is externally managed by an affiliate of Rithm Capital Corp.

Rithm Property Trust, Inc. primarily operates within the United States, focusing its commercial real estate investments on top U.S. markets.

Rithm Property Trust has undergone a strategic repositioning from a distressed-asset manager to a commercial real estate (CRE) lender in 2024. This shift has been noted for boosting profitability, turning a net loss in Q2 2024 into a net income by Q4 2024. The company has been actively deploying capital into commercial real estate assets and raising new capital through preferred offerings. The company's stock has been trading at a discount to its book value, but management believes there is significant upside potential.

As of September 30, 2025, institutional investors hold 47.89% of Rithm Property Trust, Inc.'s common stock, with major holders including Magnetar Financial LLC (21.66%) and Rithm Capital Corp. (7.26%). Individual and insider ownership accounts for 1.18% of shares outstanding.