Rithm Property Trust
Externally managed real estate investment trust (REIT) that acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | $50.0m | Post IPO Equity |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (22 %) | (12 %) | (120 %) | 162 % | 229 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 75 % | 79 % | 131 % | 233 % | 279 % | 166 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Great Ajax Corp operates as an externally managed real estate investment trust (REIT) focusing on acquiring, investing, and managing a diverse portfolio of mortgage loans. These loans are primarily secured by single-family residences and properties, as well as multi-family residential and commercial mixed-use retail residential properties. The company also holds real estate owned (REO) properties, which are acquired through foreclosure or other settlements of non-performing loans, or directly from the market. Great Ajax Corp serves investors looking for opportunities in the real estate sector, particularly those interested in mortgage-backed securities. The business model revolves around generating income through interest on mortgage loans and capital gains from property sales. By strategically managing its portfolio, Great Ajax Corp aims to deliver consistent returns to its stakeholders.
Keywords: REIT, mortgage loans, single-family, multi-family, mixed-use, foreclosure, real estate, investment, portfolio, income.