Rithm Property Trust Inc.

Rithm Property Trust Inc. is an externally managed real estate investment trust (REIT) focused on commercial real estate (CRE) investments. It operates through two segments: Residential, which manages residential mortgage assets such as whole mortgage loans, residential mortgage-backed securities, and beneficial interests; and Commercial, which originates, acquires, and manages commercial mortgage-backed securities, commercial real property, commercial mortgage loans, and other CRE investments. The company operates in California, Florida, New York, New Jersey, Maryland, Virginia, Illinois, Georgia, Texas, North Carolina, and internationally. It has elected to be taxed as a REIT for U.S. federal income tax purposes, meaning it would not be subject to corporate income tax on the portion of its net income distributed to shareholders. Formerly Great Ajax Corp., it changed its name to Rithm Property Trust Inc. in December 2024. The company was incorporated in 2014 and is headquartered in New York, New York.