---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-015903"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:43:33.938428+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Great Ajax Q2 net income $10.4M, EPS $0.45; book value $15.86; forms four JVs with $1.4B UPB

## Summary
- Net income attributable to common stockholders $10.4M vs $7.0M prior quarter; basic EPS $0.45.
- Net interest income $14.2M, up from $13.7M, on lower borrowing costs; loan portfolio $955.6M.
- Book value per share $15.86, down from $16.18 due to convertible debt dilution.
- Formed four JVs acquiring $1.4B UPB loans; retained $232.9M in securities; added $5.2M UPB RPLs.
- Declared $0.21 dividend payable Aug 31; subsequent acquisitions: 1,016 NPLs with $173M UPB.

## SEC filing metadata
- accession: 0001628280-21-015903
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614806/000162828021015903/0001628280-21-015903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000162828021015903/ajx-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-015903
- JSON: https://secwatch.observer/filing/0001628280-21-015903.json
- Plain text: https://secwatch.observer/filing/0001628280-21-015903.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.