{"id":802046,"date":"2022-06-21T07:00:53","date_gmt":"2022-06-21T05:00:53","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/new-residential-investment-corp-announces-internalization-and-rebrand-to-rithm-capital-and-declares-second-quarter-2022-dividends\/"},"modified":"2023-07-10T17:26:27","modified_gmt":"2023-07-10T15:26:27","slug":"new-residential-investment-corp-announces-internalization-and-rebrand-to-rithm-capital-and-declares-second-quarter-2022-dividends","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/new-residential-investment-corp-announces-internalization-and-rebrand-to-rithm-capital-and-declares-second-quarter-2022-dividends\/","title":{"rendered":"New Residential Investment Corp. Announces Internalization and Rebrand to Rithm Capital, and Declares Second Quarter 2022 Dividends"},"content":{"rendered":"NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. (NYSE: NRZ) (\u201cNRZ\u201d or the \u201cCompany\u201d) announced today it has entered into agreements providing for the internalization of the Company\u2019s management function.\n\n\n\nIn conjunction with the internalization, the Company announced plans to change its name and rebrand as Rithm Capital Corp. (NYSE: RITM) (\u201cRithm Capital\u201d).\n\n\nInternalization Agreement\n\n\nUnder the Internalization Agreement, the parties have terminated the Management and Advisory Agreement, dated May 7, 2015 (the \u201cManagement Agreement\u201d), effective as of June 17, 2022 (the \u201cEffective Date\u201d). In connection with the termination of the Management Agreement, the Company has agreed to pay FIG LLC (the \u201cManager?<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;New Residential Investment Corp. (NYSE: NRZ) (\u201cNRZ\u201d or the \u201cCompany\u201d) announced today it has entered into agreements providing for the internalization of the Company\u2019s management function. In conjunction with the internalization, the Company announced plans to change its name and rebrand as Rithm Capital Corp. (NYSE: RITM) (\u201cRithm Capital\u201d). Internalization Agreement Under the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-802046","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Residential Investment Corp. 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(NYSE: NRZ) (\u201cNRZ\u201d or the \u201cCompany\u201d) announced today it has entered into agreements providing for the internalization of the Company\u2019s management function. In conjunction with the internalization, the Company announced plans to change its name and rebrand as Rithm Capital Corp. (NYSE: RITM) (\u201cRithm Capital\u201d). 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