RPT · RPT Q2 FY2026 earnings call record财报电话会记录

“I encourage you to review the disclaimers in our press release and earnings supplement regarding forward-looking statements and to review the risk factors contained in our annual and quarterly reports filed with the SEC.”

“During that time, we have improved liquidity, we've cleaned up the balance sheet, and we grew earnings so the company no longer loses money.”

“When we look at the pipeline, we have a world-class origination business in Genesis Capital that makes these residential transition loans as well as multifamily transition loans.”

“When we look at our dividend yield, we're currently at 10%.”

“Dividend paid is $0.36 for a dividend yield at 10%.”

“This is just the profile of the assets purchased by Rithm Property Trust: $117 million of RTL and MTL loans, 9.1% gross WAC.”

“I think you've got $111 million of future funding for the Genesis loans that you took on this quarter, which at a 75% advance rate is roughly $28 million of equity.”

“We could do another debt deal if we wanted to.”

“If it's $50 million of equity, $28 million is already sort of committed to that $111 million; that leaves you with $20 million, $22 million.”

“The challenge in raising equity, and this is our second bout of trying to raise equity over the course of the past six months or so, is once you go out with a potential equity offering, and we've had just a ton of conversations, and supported by what I would say are large money center bank friends who have actually given it all they can to try to help us raise equity, is that as soon as you do that, the stock gets hit.”

“If you looked at the Rithm earnings today as of the end of 630, we had $2.1 billion of cash on liquidity.”

“It's trading a little bit more volume these days.”