Rithm Property Trust completed the purchase of a $102.1m multifamily transition loan portfolio from Genesis. The acquisition utilizes the CRE Repurchase Facility and targets an estimated 14% net levered yield.
Rithm Property Trust completed the purchase of a $102.1m multifamily transition loan portfolio from Genesis. The acquisition utilizes the CRE Repurchase Facility and targets an estimated 14% net levered yield.