New York-based Rithm Capital, the parent company of Newrez, has received the blessing of Sculptor’s founder Daniel S. Och and his group to acquire the asset management firm for $719 million, representing a 14% increase over the original bid. The […]
New York-based Rithm Capital’s profits declined in the third quarter of 2023, when the real estate investment trust got involved in a dispute for Sculptor Capital Management and announced the acquisition of Specialized Loan Servicing. […]
Real estate investment trust Rithm Capital Corp. has increased its offer to acquire Sculptor Capital Management Inc. by 7.62% to $676 million amid competition from a group of investors and a dispute among the shareholders at the […]
Real estate investment trust Rithm Capital Corp has entered into a definitive agreement to acquire Computershare Mortgage Services Inc. for about $720 million, the companies announced Monday. The deal includes the purchase of Specialized Loan Servicing LLC. The deal […]
In a letter to a group of founders and shareholders, New York-based asset management firm Sculptor Capital Management said their request to inspect the company’s books and records pertaining to its acquisition by Rithm Capital […]
New York-based Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms at a time when the parent company of New Rez and Caliber plans to spin off its […]
New York-based Rithm Capital executives have played it cautious with capital deployment amid a higher rate environment, and it’s a strategy that paid off in 2022. The company announced Wednesday that its approach resulted in an […]
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