Rithm Property Trust reports Q1 EAD 2c, consensus 2c

Book value per common share was $5.40 from $5.44 at previous quarter end. “Rithm Property Trust (RPT) continued its track record of earnings growth under Rithm in the first quarter of 2025, despite a challenging macro-economic environment,” said CEO Michael Nierenberg. “This demonstrates the strength of our platform and deep real estate expertise in consistently creating value for our shareholders. We remain opportunistic with our capital and are focused on the continued transformation of the RPT platform.”