Rithm Capital Corp., a global asset manager focused on real estate, credit, and financial services, has released its financial results for the first quarter of 2025. The company, which operates several wholly-owned businesses including Sculptor Capital, Newrez, and Genesis Capital, reported its performance amidst a challenging macroeconomic environment. Financial Highlights For the first quarter ended March 31, 2025, Rithm Capital reported a GAAP net income of $36.5 million, translating to $0.07 per diluted common share. Earnings available for distribution stood at $275.3 million, or $0.52 per diluted common share. The company declared a common dividend of $132.5 million, or $0.25 per common share, and reported a book value per common share of $12.39. Business and Operational Highlights Rithm Capital achieved several milestones in Q1 2025, including the completion of an $878 million secured financing backed by mortgage servicing rights (MSRs), marking the largest-ever MSR debt issuance.