Rithm Capital Corp. (RITM) NYSE

Currency In USD

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Rithm Capital Corp.

Address

799 Broadway

New York, NY 10003

United States of America (the)

Phone

212 850 7770

Sector

Financial Services

Industry

Financial - Diversified

Employees

7240

First IPO Date

May 02, 2013

Key Executives

NameTitlePayYear Born
Michael NierenbergChairman, President & Chief Executive Officer8.45M1963
Varun WadhawanManaging Director86,9021977
Sanjeev KhannaManaging Director86,902N/A
Martin MigliaraManaging Director86,902N/A
Peter SibiliaManaging Director86,902N/A
Andrew SlovesManaging Director86,9021964
Kenneth Matthew BruceManaging Director86,902N/A
David Craig ZeidenChief Legal Officer1.42M1973
Nicola Santoro Jr.Chief Financial Officer, Chief Accounting Officer & Treasurer1.76M1968
Charles SorrentinoMD & Head of Investments0N/A
Satish Motilal MansukhaniManaging Director of Investment Strategy0N/A
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Description

Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services in the United States. It operates through Origination and Servicing, Residential Transitional Lending, and Asset Management and Investment Portfolio. The company’s investment portfolio primarily comprises of single-family rental properties, title, appraisal and property preservation and maintenance businesses; real estate securities, call rights, SFR properties, residential mortgage loans, collateralized loan obligations and consumer loans, excess mortgage servicing rights, servicer advance investments, and asset management related investments. It also provides government-sponsored enterprise (GSE) and government guaranteed loans; non-GSE or non-government guaranteed loans; and residential transitional lending. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022. Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.

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