NYSE:RITMMortgage REITs
Rithm Capital (RITM) Weighs C Corp Shift As It Builds Third Party Asset Management
Rithm Capital (NYSE:RITM) is weighing a potential shift from its current real estate investment trust structure to a traditional C corporation, according to recent management commentary.
The company is also working to expand its third party asset management platform and grow fee based revenue streams.
Rithm Capital enters this decision point with shares recently trading around $9.87. The stock is up 9.9% over the past week and 5.1% over the past month, while returns year to date and over...