Dec 09, 2025 • akingump.com
SOMEWHAT-BULLISH
Akin Advises Crestline on Sale to Rithm Capital Corporation
Akin, a leading international law firm, advised Crestline Management, L.P. on its sale to Rithm Capital Corp, a global alternative asset manager. Crestline, founded in 1997, is a global alternative investment management firm based in Fort Worth, Texas. The Akin team was led by investment management partner Jim Deeken and included other partners, counsel, and associates.
Jun 18, 2025 • National Mortgage Professional
NEUTRAL
Rithm Capital Closes $504M Non-QM Loan Securitization – NMP
Rithm Capital, the parent company of Newrez LLC, has successfully closed its third Non-QM loan securitization of the year, totaling $504 million. The securitization, NRMLT 2025-NQM3, is backed by 1,039 residential mortgages with strong credit metrics and received high ratings from S&P and KBRA. This transaction highlights Rithm Capital's robust asset-based credit approach and the strength of its integrated residential mortgage platform.
Sep 03, 2024 • RE-NJ
NEUTRAL
Kushner lands Fortress, Rithm Capital construction loans totaling $415 million for Monmouth Mall redevelopment
Kushner has secured $415 million in construction financing for the redevelopment of Monmouth Mall into Monmouth Square, a mixed-use property in Eatontown, NJ. The financing includes a $303 million loan from Fortress Investment Group for 1,000 apartments and a $112.5 million loan from Rithm Capital Corp. for the redeveloped retail component, which will feature a 990,000-square-foot footprint anchored by Whole Foods Market. The project involves demolishing 600,000 square feet of retail space and will include affordable housing units, a clubhouse, public green space, and medical offices.
Jul 31, 2024 • National Mortgage Professional
BULLISH
Rithm Capital Corp. Reports Net Income Of $213.2 Million In Q2 2024
Rithm Capital Corp. announced strong second-quarter 2024 earnings, reporting a net income of $213.2 million and a book value per common share of $12.39. Its mortgage company, Newrez, achieved a pre-tax income of $247.7 million and saw a significant increase in origination-funded production volume. The company's diversified platform and expansion through acquisitions, such as Computershare Mortgage Services Inc., position it well for future growth, especially with anticipated federal rate reductions.
Aug 10, 2022 • Business Wire
BULLISH
Rithm Capital Rings in Rebrand with NYSE Opening Bell
Rithm Capital celebrated its rebrand, new ticker symbol, and management internalization by ringing the NYSE opening bell on August 10, 2022. The event marked a new chapter for the company, signifying its growth beyond the traditional mortgage REIT sector and its reinforcement as a leading provider of capital and services in the financial and real estate industries. CEO Michael Nierenberg emphasized the company's diverse asset portfolio and commitment to generating attractive shareholder returns.
Aug 03, 2022 • Mortgage Professional America
SOMEWHAT-BEARISH
Rithm Capital posts multi-million-dollar loss in second quarter
Rithm Capital (formerly New Residential Investment) reported a net loss of $3.3 million in Q2 2022, primarily due to a $325 million fee paid to terminate its management agreement with Fortress Investment Group as part of its transition to internal management. Despite the loss, the company expects annual savings of $60 million to $65 million from the restructure and highlighted strong performance in its servicing business and MSR portfolio, along with growth in non-prime mortgage and single-family rental portfolios. CEO Michael Nierenberg emphasized the company's strong liquidity and position for future investments.