Rithm Property Trust Inc. RPT
NONE The provided text does not contain a clear business description section. Item 1 (Business) consists almost entirely of regulatory risk disclosures, governance limitations, and structural constraints related to Investment Company Act compliance and REIT qualification requirements. While the document mentions that the company holds "RPLs and NPLs" (residential and non-performing loans) in passing within a risk disclosure, it does not explicitly state what the company owns, the scale of its portfolio, or its geographic focus in a business description format. The text is primarily focused on explaining what the company cannot do and the limitations it faces, rather than describing its actual business operations and asset holdings.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-18 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Earnings Available for Distribution / leverage are from the Q1 2026 earnings release (filed 2026-04-24) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model RPT yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $50.10M | $1.47M | $0.00 | $1.53M | $-4.50M |
| 2024 | $47.22M | $-91.83M | $0.00 | $-44.43M | $290.00K |
| 2023 | $-16.86M | $-47.07M | $534.00K | $0.00 | $-46.46M |
| 2022 | $217.66M | $-15.01M | $444.00K | $116.94M | $97.67M |
| 2021 | $75.76M | $41.85M | $72.25M | $72.25M | $92.86M |
| 2020 | $28.53M | $28.50M | $302.00K | $0.00 | $63.06M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-07-07 | 2026-07-07 | 2026-07-31 | 2026-06-26 | $0.36 | Quarterly |
| 2026-05-15 | 2026-05-15 | 2026-05-29 | 2026-04-20 | $0.36 | Quarterly |
| 2026-01-30 | 2026-01-30 | 2026-02-13 | 2026-01-20 | $0.36 | Quarterly |
| 2025-11-14 | 2025-11-14 | 2025-11-28 | 2025-10-20 | $0.06 | Quarterly |
| 2025-08-15 | 2025-08-15 | 2025-08-29 | 2025-07-16 | $0.06 | Quarterly |
| 2025-05-15 | 2025-05-15 | 2025-05-30 | 2025-04-25 | $0.06 | Quarterly |
| 2025-02-14 | 2025-02-14 | 2025-02-28 | 2025-01-29 | $0.06 | Quarterly |
| 2024-11-15 | 2024-11-15 | 2024-11-29 | 2024-10-21 | $0.06 | Quarterly |
| 2024-08-15 | 2024-08-15 | 2024-08-30 | 2024-07-23 | $0.06 | Quarterly |
| 2024-05-14 | 2024-05-15 | 2024-05-30 | 2024-05-03 | $0.06 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-03-29 | 2024-02-26 | $0.10 | Quarterly |
| 2023-12-06 | — | — | — | $0.19 | Monthly |
| 2023-11-14 | 2023-11-15 | 2023-11-30 | 2023-11-02 | $0.11 | Quarterly |
| 2023-08-14 | 2023-08-15 | 2023-08-31 | 2023-08-03 | $0.20 | Irregular |
| 2023-06-16 | — | — | — | $0.14 | Monthly |
| 2023-05-12 | 2023-05-15 | 2023-05-31 | 2023-05-04 | $0.20 | Irregular |
| 2023-03-16 | 2023-03-17 | 2023-03-31 | 2023-03-02 | $0.25 | Quarterly |
| 2022-11-14 | 2022-11-15 | 2022-11-29 | 2022-11-03 | $0.27 | Irregular |
| 2022-08-12 | 2022-08-15 | 2022-08-31 | 2022-08-04 | $0.27 | Irregular |
| 2022-05-13 | 2022-05-16 | 2022-05-31 | 2022-05-05 | $0.26 | Irregular |
| 2022-03-17 | 2022-03-18 | 2022-03-31 | 2022-02-10 | $0.26 | Quarterly |
| 2022-01-07 | 2022-01-10 | 2022-01-25 | 2021-12-30 | $0.10 | Special |
| 2021-11-12 | 2021-11-15 | 2021-11-29 | 2021-11-04 | $0.24 | Irregular |
| 2021-08-13 | 2021-08-16 | 2021-08-31 | 2021-08-05 | $0.21 | Irregular |
Coverage (payout of operating cash flow): -242.52%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — RPT
Rithm Property Trust Announces Public Offering of Common Stock
Rithm Property Trust Inc. Declares Second Quarter 2026 Common and Preferred Stock Dividends
Rithm Property Trust Inc. (RPT) Q1 2026 Earnings Call Transcript
Rithm Property Trust Inc. Announces First Quarter 2026 Results
Rithm Property Trust Inc. Declares First Quarter 2026 Common and Preferred Dividends
Rithm Property Trust Inc. Schedules First Quarter 2026 Earnings Release and Conference Call
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Mortgage REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.