{"id":823868,"date":"2025-03-10T16:34:15","date_gmt":"2025-03-10T20:34:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rithm-property-trust-announces-approval-of-listing-of-9-875-series-c-fixed-to-floating-rate-cumulative-redeemable-preferred-stock\/"},"modified":"2025-03-10T16:34:15","modified_gmt":"2025-03-10T20:34:15","slug":"rithm-property-trust-announces-approval-of-listing-of-9-875-series-c-fixed-to-floating-rate-cumulative-redeemable-preferred-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rithm-property-trust-announces-approval-of-listing-of-9-875-series-c-fixed-to-floating-rate-cumulative-redeemable-preferred-stock\/","title":{"rendered":"Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock"},"content":{"rendered":"

<\/p>\n

\nRithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock\n<\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nRithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, \u201cRPT\u201d or the \u201cCompany\u201d) announced today that its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the \u201cSeries C Preferred Stock\u201d) has been approved for listing on the New York Stock Exchange under the symbol \u201cRPT PRC\u201d. Trading is expected to commence on March 12, 2025.\n<\/p>\n

\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.\n<\/p>\n

\nABOUT RITHM PROPERTY TRUST\n<\/p>\n

\nRithm Property Trust is a real estate investment platform externally managed by an affiliate of Rithm Capital Corp. (NYSE: RITM). Rithm Property Trust has historically focused on acquiring, investing in and managing re-performing loans and non-performing loans secured by single-family residences and commercial properties. In connection with its recent strategic transaction with Rithm Capital Corp., the Company is transitioning to a flexible commercial real estate focused investment strategy. Rithm Property Trust is a Maryland corporation that is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purpose.\n<\/p>\n

\nFORWARD-LOOKING STATEMENTS\n<\/p>\n

\nThis press release contains certain information which constitutes \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as \u201cmay,\u201d \u201cwill,\u201d \u201cseek,\u201d \u201cbelieves,\u201d \u201cintends,\u201d \u201cexpects,\u201d \u201cprojects,\u201d \u201canticipates,\u201d \u201cplans\u201d and \u201cfuture\u201d or similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements in this press release include, without limitation, statements regarding the listing and commencement of trading of the shares of Series C Preferred Stock on the New York Stock Exchange. These statements are not historical facts. These forward-looking statements represent management\u2019s current expectations regarding future events and are subject to the inherent uncertainties in predicting future results and conditions, many of which are beyond our control. Accordingly, you should not place undue reliance on any forward-looking statements contained herein. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances and expressly disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250310535255\/en\/<\/a><\/span><\/p>\n

Investor Relations
\n<\/b>
646-868-5483
\n
ir@rithmpropertytrust.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock NEW YORK–(BUSINESS WIRE)– Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, \u201cRPT\u201d or the \u201cCompany\u201d) announced today that its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the \u201cSeries C Preferred Stock\u201d) has been approved for listing on the New York Stock Exchange under the symbol \u201cRPT PRC\u201d. Trading is expected to commence on March 12, 2025. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be … <\/p>\n

Continue reading “Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-823868","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rithm-property-trust-announces-approval-of-listing-of-9-875-series-c-fixed-to-floating-rate-cumulative-redeemable-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Rithm Property Trust Announces Approval of Listing of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock NEW YORK–(BUSINESS WIRE)– Rithm Property Trust Inc. 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