other material
confidence high
sentiment neutral
materiality 0.60
Rithm Perpetual Life Trust sells $32.9M of shares; declares $0.17/share distribution
Rithm Perpetual Life Residential Trust
- Sold 1,622,572 common shares for aggregate consideration of ~$32.9M in exempt private placement.
- Class J shares: 1,605,988 shares sold for $32,575,350; Class E: 16,583 shares for $335,000.
- Declared February 2026 distributions of $0.1700 per share (net) for Class J and Class E common shares.
- Net distributions payable on March 20, 2026 to shareholders of record as of February 27, 2026.