Douglas Harter

Jason Stewart

Thomas Catherwood

Jade Rahmani

Randolph Binner

Tim D'Agostino

William Catherwood

- Rithm Property Trust (RPT) reported **flat earnings** for Q3 2025 and continues to pay a **$0.06 dividend**.  **[0001614806_2220870_1]** **[0001614806_2220870_2]** 
- The company ended Q3 2025 with **$81 million in cash** and **$292 million in total equity**, with a portfolio size of **$308 million**.  **[0001614806_2220870_2]** 
- Management is exploring strategic options, including recapitalizing the vehicle with an equity offering, liquidation, or growing a direct lending business, noting the stock trades at a significant discount to its **$5.30 book value**.  **[0001614806_2220870_1]** 
- RPT originated a **$21 million loan** on a grocery-anchored retail center in Q3 2025 and is considering participating in the Paramount transaction with a potential **$50 million equity investment** for an estimated **20+% return**.  **[0001614806_2220870_2]** **[0001614806_2220870_7]**

Rithm Property Trust Reports Flat Q3 2025 Earnings and Explores Strategic Options

- Rithm Property Trust reported a **GAAP Comprehensive Loss of ($0.4) Million** or **($0.01) per Diluted Share** and **Earnings Available for Distribution (EAD) of ($0.7) Million** or **($0.02) per Diluted Share** for the third quarter of 2025.  **[0001614806_2220465:7]** 
- As of September 30, 2025, the company's **GAAP Book Value was $5.30 per Common Share**, and it paid a **$0.06 per Common Share dividend** for Q3 2025.  **[0001614806_2220465:7]** 
- The company is a real estate investment platform focused on commercial real estate (CRE) lending and opportunistic investing, and in August 2025, it originated a **$21 million loan** on a grocery-anchored retail center outside of Seattle.  **[0001614806_2220465:7]** **[0001614806_2220465:8]** 
- Rithm Property Trust emphasizes growth through portfolio acquisitions, direct origination, and M&A opportunities, capitalizing on market conditions such as the repricing of CRE assets and market dislocations.  **[0001614806_2220465:8]**

Rithm Property Trust Reports Q3 2025 Results

- Rithm Property Trust Inc. reported a **GAAP comprehensive loss of $(0.4) million**, or **$(0.01) per diluted common share**, for the third quarter ended September 30, 2025.  **[1614806_0001614806-25-000032_rptexhibit991-093025.htm:0]** 
- The company's earnings available for distribution for Q3 2025 were a **loss of $(0.7) million**, or **$(0.02) per diluted common share**.  **[1614806_0001614806-25-000032_rptexhibit991-093025.htm:0]** 
- A **common dividend of $0.06 per common share**, totaling **$2.7 million**, was paid during the quarter.  **[1614806_0001614806-25-000032_rptexhibit991-093025.htm:0]** 
- As of September 30, 2025, the **book value per common share was $5.30**.  **[1614806_0001614806-25-000032_rptexhibit991-093025.htm:0]**