RITM
NYSE · Real Estate · REIT - Mortgage · US
Rithm Capital Corp. (NYSE:RITM) is a diversified financial services company and real estate investment trust (REIT) that was founded in 2011 and went public in 2013. Originally known as New Residential Investment Corp., the company rebranded to Rithm Capital in August 2022 to reflect its evolution from a mortgage-focused REIT into a broader alternative asset management platform. Headquartered in New York, Rithm has transformed from managing $1 billion in permanent capital in 2013 to overseeing approximately $80 billion in assets under management across multiple business segments. The company has paid over $5.4 billion in dividends to shareholders while expanding its operations through strategic acquisitions, including the notable purchase of Sculptor Asset Management in 2023.