Earnings AchievementRithm Property Trust achieved positive GAAP EPS and distributable earnings for the first time since the takeover, marking a notable milestone for the company.
Investment StrategyThe company’s transition to a CRE investment strategy will deliver near-term earnings in support of the dividend and over time capitalize on the substantial demand for CRE capital combined with a dearth of lending activity in the sector.
Yield ReturnsAt the current share price, shareholders earn an 8.2% current yield.