The purchase increases their holdings to 400,000 shares of the preferred stock, indicating a continued commitment to investing in Rithm Property Trust. While InvestingPro data indicates current weak financial health metrics, analysts expect profitability improvement this year, with several additional metrics and insights available to subscribers. In other recent news, Rithm Property Trust announced a change in its independent registered public accounting firm. The company has appointed Ernst & Young LLP (EY) as its new auditor for the fiscal year ending December 31, 2025. This decision follows the dismissal of Moss Adams LLP, which was approved by the Audit Committee and the Board of Directors. Moss Adams's audit reports for the previous two fiscal years did not contain any adverse opinions or qualifications, and there were no disagreements between the company and Moss Adams. The transition to EY was reported in a Form 8-K filing with the Securities and Exchange Commission.