09:48 AM EDT, 07/22/2025 (MT Newswires) -- Rithm Capital ( RITM ) said Tuesday it has entered into a strategic partnership with an undisclosed "large" institutional investor to finance the near-term acquisition of up to $500 million of residential transitional loans, with the potential to acquire up to $1.5 billion.

The parties will form a dedicated investment partnership to fund the acquisition of the loans and will be managed by Rithm Capital Advisors, according to a statement.

Rithm said the loans will be serviced by its subsidiary Genesis Capital.

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