** Mortgage REIT Rithm Property Trust's RPT.N shares up 13.7% at $12.09 premarket on Tues after it pulls planned equity raise

** New York City-based RPT terminates proposed public stock offering and contemplated concurrent private placement, citing market conditions

** RPT says it won't acquire the portfolio of multifamily residential transition loans at this time

** After the bell on July 13, RPT kicked off $300 mln public offering, along with an affiliate of its external manager, Rithm Capital RITM.N, indicating interest in purchasing $200 mln of shares in a private placement

** RPT shares ended down 2.4% at record low close of $10.63 on Mon, having shed 24% over the past week

** At Mon close, stock down 36% YTD