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RAIT Financial Trust (NYSE:RAS)

2.92
Delayed Data
As of 4:01pm ET
 -0.18 / -5.81%
Today’s Change
1.85
Today|||52-Week Range
6.60
+8.15%
Year-to-Date
SECTOR
Finance
INDUSTRY
Real Estate Investment Trusts
MARKET CAP
$284.8M

Company Description

RAIT Financial Trust is an internally managed real estate investment trust, which provides offers comprehensive set of debt financing options to the commercial real estate industry and provide asset and property management services. The company own and manage a portfolio of commercial real estate properties and manage real estate assets for third parties. It operates through the following reportable segments: Real Estate Lending, Owning and Managing, IRT and Taberna Securitization. The Real Estate Lending, Owning and Managing segment concentrates on lending, owning and managing commercial real estate assets throughout the United States. The form of investment may range from first mortgage loans to equity ownership of a commercial real estate property. The IRT segment concentrates on the ownership of apartment properties in opportunistic markets throughout the United States. The Taberna Securitization segment includes the ownership and management of three real estate trust preferred securitizations. RAIT Financial Trust was founded by Betsy Z. Cohen in August 1997 and is headquartered in Philadelphia, PA.

Contact Information

RAIT Financial Trust
Cira Centre
Philadelphia Pennsylvania 19104
P:(215) 243-9000
Investor Relations:

Employees

Shareholders

Individual stakeholders4.31%
Other institutional28.47%
Mutual fund holders25.11%

Top Executives

Scott F. SchaefferChairman & Chief Executive Officer
Scott L. N. DavidsonPresident
James J. SebraChief Financial Officer & Treasurer
Kenneth R. FrappierExecutive VP-Portfolio & Risk Management
Alfred J. DilmoreChief Accounting Officer