NYSE:RITMMortgage REITs
Rithm Capital Reshapes Platform With Elecor And Crestline Growth Push
Rithm Capital (NYSE:RITM) is reshaping its business mix with the acquisitions of Crestline and Paramount.
Paramount has been rebranded as Elecor Properties, paired with a capital improvement plan for the commercial real estate portfolio.
Management is emphasizing operational performance and integration synergies across asset management and real estate platforms.
Rithm Capital operates across mortgage, real estate, and asset management, and the recent moves around Crestline and the former...