Rithm Capital

Rithm Capital announces the issuance of $500 million aggregate principal amount of senior unsecured notes due 2031. Net proceeds are intended for general corporate purposes, including the possible repayment of existing indebtedness. The offering will not be registered under the U.S. Securities Act and is being made to qualified institutional buyers pursuant to Rule 144A and to non‑U.S. persons pursuant to Regulation S. Rithm Capital is a global alternative asset manager focused on credit and real estate‑related investments. » Plus sur de.investing.com

Rithm Capital reported an earnings available for distribution (EAD) of $0.51 per share for Q1 2026 (expectation $0.50) and revenue of $1.38 billion, about 10.4% above forecasts. The balance sheet shows a book value of $7.0 billion ($12.51 per share), cash of $1.4 billion and a maintained quarterly dividend of $0.25. Genesis Capital generated a record $1.6 billion in new business volume, while Newrez is further expanding its AI-based ReziAI platform and targets annual cost savings of $65 million by 2027 through ValonOS. Asset-management activities showed strong inflows and investments of over $2 billion in the quarter; management sees significant upside to the current share price. » Plus sur de.investing.com

Rithm Capital announces it will rename its commercial real estate platform Paramount Group to Elecor Properties and invest about $250 million to modernize its office portfolio in New York and San Francisco. Planned upgrades include redesigned lobbies, communal spaces, conference centers, fitness areas, bars and elevator modernizations in buildings such as 1633 Broadway, One Market Plaza, One Front Street and 712 Fifth Avenue. The announcement follows a record leasing performance of 1.74 million square feet across the portfolio in 2025; Rithm manages $5.67 billion and, the company says, pays a dividend yield of 10%. » Plus sur de.investing.com