Rithm Perpetual Life Residential Trust Sells Shares, Declares Distributions

What Happened
Rithm Perpetual Life Residential Trust filed an 8-K on August 5, 2026 reporting that, on August 3, 2026, it sold 425,765.113 Class J common shares for aggregate consideration of $8,619,400 as part of its continuous private offering (exempt under Section 4(a)(2) and Rule 506 of Regulation D). The filing also reports the issuance of 3,509.10 Class E common shares to Rithm Perpetual Life Residential Investor LLC (an affiliate of the adviser) as payment for the adviser’s monthly management fee of $71,165.20 under the November 18, 2025 advisory agreement.

Key Details

• Shares sold: 425,765.113 Class J common shares on August 3, 2026 for $8,619,400 (includes $34,400 upfront selling commission).
• Adviser fee payment: 3,509.10 Class E common shares issued in lieu of cash for a $71,165.20 monthly management fee.
• Distributions declared: On July 31, 2026 the company declared gross and net distributions of $0.1700 per share for both Class J and Class E common shares (no ongoing servicing fees). Record date was July 31, 2026; payments expected on or about August 20, 2026, in cash or via the distribution reinvestment plan.
• Offering exemption: Sales were made under the private offering exemption (Section 4(a)(2) and Rule 506 of Reg D).

Why It Matters
These items affect shareholder supply and cash flows: the private offering increased outstanding Class J shares and raised about $8.62M of capital, while the adviser’s fee was paid in equity rather than cash, slightly increasing Class E shares outstanding. The declared $0.17 per-share distribution is payable to holders of record on July 31, 2026 and may be received in cash or reinvested, which influences immediate income for investors and potential dilution if reinvested or paid in shares.