Rithm Property Trust Announces Pricing of Public Offering of 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

NEW YORK, February 27, 2025–Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) (NYSE: RPT, “RPT” or the “Company”) announced today the pricing of a public offering of 2,000,000 shares of its 9.875% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) with a $25.00 per share liquidation preference, for gross proceeds of $50,000,000, before deducting underwriting discounts and offering expenses. The Company has granted the underwriters

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Yahoo! Finance: RPT News

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