secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Property Trust Inc. (RPT)
CIK:        0001614806
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001628280-23-015774
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Great Ajax Q1 net loss $7.9M, EPS ($0.34); book value $12.58; dividend $0.20
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- Net loss attributable to common stockholders of $7.9M ($0.34 per share); operating loss $2.1M ($0.09 per share).
- Interest income $18.5M, net interest income $3.5M, down $0.4M sequentially from $3.97M.
- Refinanced three joint ventures into Ajax Mortgage Loan Trust 2023-A: $205.1M UPB loans, retained $16.1M in securities.
- GAAP book value per common share $12.58 at March 31, 2023, down from $13.00 at Dec 31, 2022.
- Board declared $0.20 per common share cash dividend, payable May 31, 2023 to holders of record May 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614806/000162828023015774/0001628280-23-015774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614806/000162828023015774/ajx-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-015774

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