SCHEDULE: Beach Point Capital Discloses 1.1% Stake in Rithm Property Trust
Beneficial Ownership Statement
Beach Point Capital Management LP and Beach Point GP LLC report a 1.1% beneficial ownership stake in Rithm Property Trust Inc. common stock.
Summary
- Beach Point Capital Management LP and Beach Point GP LLC (collectively, "Beach Point") have reported beneficial ownership of 494,985 shares of Rithm Property Trust Inc. common stock.
- This ownership represents 1.1% of the outstanding common stock, calculated based on 45,420,752 shares outstanding as of July 28, 2025, as reported in the Issuer's Form 10-Q filed on July 31, 2025.
- Beach Point Capital, an investment adviser, and Beach Point GP, its sole general partner, exercise shared voting and dispositive power over these shares.
- The shares are held by clients of Beach Point, and both reporting persons disclaim beneficial ownership of these securities.
Sentiment
Score: 5
Explanation: A Schedule 13G filing is a routine disclosure of a passive ownership stake and typically has a neutral sentiment. It indicates an institutional investor holds a position but does not imply any specific positive or negative developments for the issuer.
Future Outlook
NA
Industry Context
This filing indicates a passive investment by Beach Point Capital Management LP in Rithm Property Trust Inc., a common practice for investment advisers managing client portfolios within the real estate investment trust (REIT) sector. Such disclosures provide transparency regarding institutional ownership.
Stakeholder Impact
- Shareholders: Disclosure of an institutional investor's passive stake provides transparency regarding the ownership structure of Rithm Property Trust Inc.
Key Dates
| Date | Description |
|---|---|
| 2025-07-28 | Date shares outstanding (45,420,752) were reported in Issuer's Form 10-Q. |
| 2025-07-31 | Date Issuer's quarterly report on Form 10-Q was filed. |
| 2025-09-30 | Date of event which requires filing of this statement. |
| 2025-11-07 | Date of joint filing agreement and signatures for the Schedule 13G. |
Keywords
Rithm Property Trust, Beach Point Capital Management, Beach Point GP, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, REIT
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