---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-006048"
form_type: "8-K"
ticker: "RPT"
cik: "0001614806"
company_name: "Rithm Property Trust Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:19:08.877870+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Great Ajax Q4 2022 net loss $6.8M; book value falls to $13.00 from $13.75

## Summary
- Net loss attributable to common stockholders of $(6.8)M, EPS $(0.30); operating loss $(1.3)M.
- Net interest income $4.0M, down from $8.7M prior quarter; interest expense rose $3.1M on higher rates.
- Book value per common share $13.00 at Dec 31, 2022, down from $13.75 at Sep 30, 2022.
- Formed joint venture 2022-RPL1 acquiring $293.6M UPB of mortgage loans; subsequent refinancing of three joint ventures into 2023-A.
- Board declared $0.25 dividend payable March 31, 2023; amended management agreement to include unsecured debt in fee calculation.

## SEC filing metadata
- accession: 0001628280-23-006048
- form_type: 8-K
- ticker: RPT
- cik: 0001614806
- company_name: Rithm Property Trust Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1614806/000162828023006048/0001628280-23-006048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614806/000162828023006048/ajx-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-006048
- JSON: https://secwatch.observer/filing/0001628280-23-006048.json
- Plain text: https://secwatch.observer/filing/0001628280-23-006048.txt

## Key facts
- Earnings Releases
  Rithm Property Trust Inc. reported the quarter ended December 31, 2022 results: revenue $18.4 million, net income $(6.8) million, EPS $(0.30).
  - Period: the quarter ended December 31, 2022
  - Revenue: $18.4 million
  - Net income: $(6.8) million
  - EPS: $(0.30)
  - Result: reported results
  source text: Interest income of $18.4 million; net interest income of $4.0 million • Net loss attributable to common stockholders of $(6.8) million • Earnings per share ("EPS") per basic common share of $(0.30)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1614806/000162828023006048/0001628280-23-006048-index.htm

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