About Rithm Capital Corp.
Rithm Capital Corp. is a leading asset manager specializing in real estate, credit, and financial services across the United States. The company operates through multiple segments, including:
- Origination and Servicing
- Investment Portfolio
- Residential Transitional Lending
- Asset Management
Investment Portfolio
The company's diverse investment portfolio includes:
- Single-family rental (SFR) properties
- Title, appraisal, and property preservation businesses
- Real estate securities and residential mortgage loans
- Consumer and business-purpose loans
- Asset management-related investments
Corporate Structure & History
Rithm Capital Corp. qualifies as a real estate investment trust (REIT) for federal tax purposes, allowing it to avoid corporate income taxes by distributing at least 90% of taxable income to stockholders.
Formerly known as New Residential Investment Corp., the company rebranded to Rithm Capital Corp. in August 2022. Founded in 2011, it is headquartered in New York, New York.