of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Other Events Rithm Property Trust Inc. (the “ Company ”) determined to terminate its proposed public offering of the Company’s common stock previously announced on July 13, 2026 (the “ Offering ”). As a result of such termination, no shares of common stock or preferred stock of the Company are being sold pursuant to the Offering or the contemplated concurrent private placement, and the Company will not acquire the portfolio of multifamily residential transition loans at this time. The termina…

Results of Operations and Financial Condition Rithm Property Trust Inc. (the “ Company ”) is disclosing the following estimated preliminary results of operations for the three and six months ended June 30, 2026: Estimated Preliminary Unaudited Financial Results for the Three and Six Months ended June 30, 2026 Three Months Ended Six Months Ended (dollars in thousands, except per share data) June 30, 2026 June 30, 2026 GAAP Comprehensive Income $79 to $853 $(3,092) to $(2,324) GAAP Comprehensiv…

Other Events On July 13, 2026, the Company announced the commencement of a public offering of the Company’s common stock (the “ Offering ”). An affiliate of Rithm Capital Corp., a Delaware corporation (together with its subsidiaries, “ Rithm Capital ”) and an affiliate of the manager of the Company, has indicated an interest in purchasing shares of the Company’s common stock and, under certain circumstances, shares of a new class of non-voting convertible preferred stock, in a concurrent priv…

The filing pertains to the approval of a compensatory plan and does not involve any changes in management or executive roles.

Entry into a Material Definitive Agreement On May 13, 2026, Rithm Property Trust Inc. (the “Company”), through a wholly-owned subsidiary, consummated the purchase of a portfolio of multifamily residential transition loans (“RTLs”) originated by Genesis Capital LLC (“Genesis”), a wholly-owned subsidiary of Rithm Capital Corp. (“Rithm Capital”). The purchase was made pursuant to a Flow Mortgage Loan Purchase and Sale Agreement (the “Flow MLPA”), by and between RPT Seller LLC, a wholly-owned sub…

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

and Item 9.01(b) of Form 8-K. The remainder of the information contained in the Current Report on Form 8-K filed on December 19, 2025 is not amended hereby.

Material Modification to Rights of Security Holders. To the extent required by

Completion of Acquisition or Disposition of Assets. On December 19, 2025, in connection with the closing of the previously announced acquisition by Rithm Capital Corp., a Delaware corporation (“ Rithm Capital ”), of Paramount Group, Inc., a Maryland corporation, Rithm Property Trust Inc. (the “ Company ”) acquired an indirect minority interest (the “ RPT PGRE Investment ”) in Paramount Group Operating Partnership LP, a Delaware limited partnership (“ PG Operating Partnership ”), which through…

Other Events. On December 19, 2025, the Company announced that its Board of Directors unanimously approved a reverse stock split of shares of the Company’s common stock (the “Common Stock”), and the outstanding common units (“Common Units”) of its operating partnership (the “Operating Partnership”), at a ratio of one share for every six shares presently outstanding (the “Reverse Stock Split”). The Reverse Stock Split is expected to take effect at approximately 5:00 p.m. Eastern Time on Decemb…

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Chief Financial Officer and Chief Accounting Officer — Nicola Santoro, Jr.: Nicola Santoro, Jr. was appointed as the Chief Financial Officer and Chief Accounting Officer of Rithm Property Trust Inc., replacing Mary Doyle.

Change in Registrant’s Certifying Accountant. (a) Dismissal of Independent Registered Public Accounting Firm On March 7, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of Rithm Property Trust Inc. (the “Company”) approved the decision to change its independent registered public accounting firm and dismissed Moss Adams LLP (“Moss Adams”) as its independent registered public accounting firm, effective immediately. The Audit Committee and the Board part…

The Articles Supplementary provide that the Company will pay, when, as and if declared by the Company’s board of directors, out of funds legally available for the payment of dividends, quarterly cumulative cash dividends on the Series C Preferred Stock, in arrears, on or about the 15 th day of each February, May, August and November (provided that if any dividend payment date is not a business day, then the dividend which would otherwise have been payable on that dividend payment date will in…

Entry into a Material Definitive Agreement. On February 26, 2025, Rithm Property Trust Inc. (the “Company”), Great Ajax Operating Partnership L.P. (the “Operating Partnership”) and RCM GA Manager LLC (the “Manager”) entered into an underwriting agreement (the “Underwriting Agreement”) with Janney Montgomery Scott LLC, BTIG, LLC and Piper Sandler & Co. as representatives of the several underwriters named therein (the “Underwriters”). The following summary of certain provisions of the Underwrit…

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Entry into a Material Definitive Agreement On October 18, 2024, Great Ajax Corp. (the “Company”) and RCM GA Manager LLC, an affiliate of Rithm Capital Corp. (the “Manager”), entered into an amendment (the “Amendment”) to the Management Agreement, dated June 11, 2024, by and among the Company, Great Ajax Operating Partnership L.P. and the Manager (the “Management Agreement”), to provide that the Base Management and the Incentive Fee shall be payable in cash or, at the election of the Manager,…

of this Report, including Exhibit 99.1, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Results of Operations and Financial Condition On July 24, 2024, Great Ajax Corp., a Maryland corporation (the “Company”), issued a press release regarding its financial results for the second quarter ended June 30, 2024 (the “Press Release”). A copy of the Press Release is attached hereto as Exhibit 99.1 and is available on the Company’s website. The information provided in

Chief Executive Officer — Michael Nierenberg: Lawrence A. Mendelsohn resigned as CEO and Michael Nierenberg was appointed as the new CEO.

Entry into a Material Definitive Agreement. On June 11, 2024, Great Ajax Corp. (the “Company”) closed its previously announced strategic transaction (the “Transaction”) with Rithm Capital Corp. (together with its subsidiaries, “Rithm”). As previously announced, the Company received stockholder approval for the Transaction in May 2024. The following summarizes the agreements entered into in connection with the closing of the Transaction. Entry into Termination and Release Agreement and Managem…