Rithm Perpetual Life Residential Trust Reports Aug 31, 2026 NAV
Rithm Perpetual Life Residential TrustResearch Summary
AI-generated summary of this SEC filing
Rithm Perpetual Life Residential Trust Reports Aug 31, 2026 NAV
What Happened
Rithm Perpetual Life Residential Trust filed an 8-K on September 15, 2026 announcing its net asset value (NAV) as of August 31, 2026. The Company reported total NAV of $161,031 (amounts presented in the filing in thousands), and NAV per share of $20.1448 for Class J common shares and $20.3053 for Class E common shares.
Key Details
- Filing date: September 15, 2026; NAV date: August 31, 2026.
- Total NAV: $161,031 (amounts in filing are in thousands — approximately $161.0 million).
- NAV per share: Class J = $20.1448; Class E = $20.3053.
- Shares outstanding: Total 7,990,566 (Class J: 7,598,637; Class E: 391,929).
- Major NAV components (amounts in filing in thousands; approximate $):
- Residential transition loans, at fair value: $453,415 (~$453.4M)
- Residential mortgage loans, at fair value: $219,267 (~$219.3M)
- Cash and equivalents: $1,982 ($2.0M); restricted cash: $7,579 ($7.6M)
- Secured financings (liability), at fair value: $(523,498) (~$(523.5)M)
- Other liabilities and related-party amounts reduced NAV by about $3.8M
Why It Matters
NAV provides a snapshot of the Fund’s per‑share value based on its loan portfolio and financing levels as of August 31, 2026. Significant components include large loan portfolios offset by substantial secured financings; investors use this NAV and the per‑share figures to assess the company’s underlying asset value relative to market price and to monitor changes in portfolio valuations over time.