Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 339

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 2
Chunk 339
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.1 %94.1 %$1,810 1,682Missouri3588.9 %$69,551 6.9 %$194 92.2 %92.2 %97.1 %$1,634 1,408Nevada1002.5 %$32,163 3.2 %$322 90.0 %90.0 %95.7 %$1,813 1,461North Carolina43310.8 %$123,108 12.2 %$284 94.0 %94.0 %97.6 %$1,854 1,545Oklahoma521.3 %$11,193 1.1 %$215 88.5 %88.5 %92.0 %$1,507 1,592Tennessee852.1 %$27,589 2.7 %$325 84.7 %84.7 %92.3 %$1,944 1,495Texas91923.0 %$241,611 23.8 %$263 68.5 %68.7 %93.8 %$1,908 1,750Other U.S.2— %$503 — %$253 100.0 %100.0 %100.0 %$1,798 1,568Total / Weighted Average4,007100.0 %$1,011,986 100.0 %$253 86.3 %86.4 %95.4 %$1,857 1,602

We primarily rely on the use of credit facilities, term loans and securitizations to finance purchases of SFR properties. See Note 18 to our consolidated financial statements for further information regarding financing of our SFR properties.

Our Investment Portfolio segment also includes the activity from several wholly-owned subsidiaries or minority investments in companies that perform various services in the mortgage and real estate sectors. This includes our strategic partnership with Darwin to run a property management platform, Adoor Property Management LLC (“APM”). All of our SFR properties are currently managed through APM.

Residential Transitional Lending

Through our wholly-owned subsidiary Genesis, we specialize in originating and managing a portfolio of primarily short-term business purpose mortgage loans