Business Description
Rithm Property Trust Inc. is a real estate investment trust headquartered in New York, founded in 2014 and formerly known as Great Ajax Corp. The company invests across both residential and commercial real estate, holding assets such as mortgage loans, mortgage-backed securities, and commercial properties across more than ten U.S. states. Because it qualifies as a REIT for federal tax purposes, it avoids corporate income tax on profits paid out to shareholders. The trust is managed by an external team and also holds select investments outside the United States.
