Rithm Capital Corp.

Rithm Capital is a global asset manager specializing in real estate, credit, and financial services. Formed in September 2011, the company began operations in December 2011 and became publicly traded on May 15, 2013. It has operated as a REIT for U.S. federal income tax purposes since inception and, since June 17, 2022, has been structured as an internally managed REIT. Rithm Capital aims to create long-term value for stockholders by identifying, acquiring, managing, and enhancing real estate-related and other financial assets. Its platform combines operating companies, investment portfolios, and asset management across residential mortgage, real estate, and credit markets. Headquartered in New York City, Rithm Capital has offices in London, Hong Kong, Tokyo, Toronto, and Abu Dhabi. The company's investments in residential real estate-related assets include equity interests in operating companies and investments throughout the residential mortgage and real estate lifecycle. This includes origination and servicing platforms operated through wholly owned subsidiaries, Newrez and Genesis, and investments in SFR properties. Rithm Capital also owns businesses providing title, appraisal, property preservation, and maintenance services. Its Asset Management business primarily operates through Rithm Asset Management LLC (RAM), which conducts activities through wholly owned subsidiaries like Sculptor Capital Management, Inc. (Sculptor), Crestline, and Rithm Capital Advisors LLC (RCA). RCA serves as an investment adviser to various investment vehicles and managed accounts, generating primarily fee-based revenues. Additionally, RCM GA Manager LLC (RCM Manager) manages Rithm Property Trust and R-HOME. Following the Paramount Acquisition, the company owns and operates a portfolio of Class A office properties in New York City and San Francisco, managed within its broader real estate platform. Rithm Capital conducts its business through four segments: Origination and Servicing, Residential Transitional Lending, Asset Management, and Investment Portfolio.