Rithm Perpetual Life Residential Trust 8-K

What Happened
Rithm Perpetual Life Residential Trust (a Maryland statutory trust) filed an 8-K on April 15, 2026 announcing its net asset value (NAV) per share as of March 31, 2026. The company reported total NAV of $111,261 (amounts in thousands, per the filing) and NAV per share of $20.1520 for Class J common shares and $20.2140 for Class E common shares. The NAV was calculated under valuation guidelines approved by the board of trustees.

Key Details

• Total NAV: $111,261 (amounts in thousands) — i.e., $111.261 million as presented in the filing.
• NAV components (amounts in thousands): residential transition loans $319,172; residential mortgage loans $156,107; cash and cash equivalents $3,358; secured financings (liability) $(368,185).
• Shares outstanding: total 5,520,365 shares — Class J 5,292,622; Class E 227,743.
• NAV per share (as reported): Class J $20.1520; Class E $20.2140.

Why It Matters
NAV per share provides investors a snapshot of the company’s stated portfolio value and net worth as of March 31, 2026, and allows comparison with market prices to assess premium/discount. The filing also shows the composition of assets and the level of secured financings, which are important for understanding leverage and liquidity. Investors should note the figures are presented in thousands in the filing and that NAV was prepared under the board-approved valuation policy.