Articles from Rithm Property Trust Inc.

Rithm Property Trust Inc. (NYSE: RPT, “RPT” or the “Company”) today announced the sale of an additional 84,232 shares of the Company’s 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) pursuant to the partial exercise of the over-allotment option granted to the underwriters of its previously announced public offering, for additional gross proceeds of $2,105,800, before deducting underwriting discounts and offering expenses. The Company intends to use the net proceeds from the offering for investments and general corporate and working capital purposes.

Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today that its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) has been approved for listing on the New York Stock Exchange under the symbol “RPT PRC”. Trading is expected to commence on March 12, 2025.

Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today 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 (the “Series C Preferred Stock”) with a $25.00 per share liquidation preference, for gross proceeds of $50,000,000, before deducting underwriting discounts and offering expenses.  The Company has granted the underwriters an option for a period of 30 days to purchase up to an additional 300,000 shares of the Series C Preferred Stock to cover over-allotments, if any. The offering is subject to customary closing conditions and is expected to close on March 4, 2025. The Company intends to use the net proceeds from the offering for investments and general corporate and working capital purposes.

Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today the commencement of a public offering of shares of the Company’s Series C Fixed-to-Floating Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) with a $25.00 per share liquidation preference. In connection with the offering, the Company expects to grant the underwriters an option for a period of 30 days to purchase additional shares of Series C Preferred Stock solely to cover over-allotments. The Company intends to use the net proceeds from the offering for investments and general corporate and working capital purposes.

Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “Rithm Property Trust” or the “Company”) today announced the following financial results for the quarter ended December 31, 2024.

Rithm Property Trust (NYSE:RPT, “RPT” or the “Company”) today announced the tax treatment of its 2024 common stock distributions.

Rithm Property Trust Inc. (NYSE: RPT, “Rithm Property Trust” or the “Company”) announced today that it will release its fourth quarter 2024 financial results for the period ended December 31, 2024 on Thursday, January 30, 2025 prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Thursday, January 30, 2025 at 8:00 A.M. Eastern Time.