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Rithm Property Trust Inc T.AJX


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Comment by dt_coreon Dec 13, 2021 9:41am
127 Views
Post# 34224531

RE:Anybody seen any cash?

RE:Anybody seen any cash? Not as of yet. Very puzzling. Whichever intermediaries that are holding the cash have essentially zero cost debt that they can use to earn themselves returns until they actually put it into investor accounts. You'd think there would be a penalty assigned to compensate investors for "lending" that cash to the banks/brokers until it actually shows up in our accounts!
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