Rithm Capital Corp. (0K76.L) LSE

Currency In USD

Rithm Capital Corp.

Address

799 Broadway

New York City, NY 10003

United States of America (the)

Phone

212 850 7770

Website

https://www.rithmcap.com

Sector

Real Estate

Industry

REIT - Mortgage

Employees

6045

First IPO Date

January 29, 2018

Key Executives

Name	Title	Pay	Year Born
Michael Nierenberg	Chairman, President & Chief Executive Officer	8.45M	1963
Andrew Sloves	Managing Director	86,902	1964
Kenneth Matthew Bruce	Managing Director	86,902	N/A
Peter Sibilia	Managing Director	86,902	N/A
Varun Wadhawan	Managing Director	86,902	1977
Martin Migliara	Managing Director	86,902	N/A
Sanjeev Khanna	Managing Director	86,902	N/A
David Craig Zeiden	Chief Legal Officer	1.42M	1973
Nicola Santoro Jr.	Chief Financial Officer, Chief Accounting Officer & Treasurer	1.76M	1968
Charles Sorrentino	MD & Head of Investments	0	N/A
Satish Motilal Mansukhani	Managing Director of Investment Strategy	0	N/A

Description

Operating within the United States, Rithm Capital Corp. offers funding and specialized support to both the real estate and financial services industries. The company's diverse investment holdings include assets linked to mortgage servicing, various residential securities, a range of loans, and consumer credit products. For federal income tax purposes, it holds the designation of a Real Estate Investment Trust (REIT). This classification means the firm typically avoids federal corporate income taxation, provided it disburses a minimum of 90% of its taxable earnings to its shareholders. Prior to August 2022, the entity operated under the name New Residential Investment Corp., at which point it adopted its current moniker, Rithm Capital Corp. Established in 2011, its primary offices are located in New York, New York.