Resource America Inc (NASDAQ:REXI)

During the Trading Day
8.66 +0.10 / +1.17%
Data as of 3:59pm ET
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8.66 0.00 / 0.00%
 
Volume: 296.00
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$169.9M

Company Description

Resource America, Inc. operates as an asset management company with businesses in the financial services, real estate and equipment leasing sectors. It operates in three segments: Real Estate, Financial Fund Management and Commercial Finance. The Real Estate segment focuses on acquiring and managing multifamily assets to acquiring and managing a diversified portfolio of commercial real estate and real estate related debt that has been significantly discounted due to the effects of the economic events and high levels of leverage. The Financial Fund Management segment concentrates on trust preferred securities of banks, bank holding companies, insurance companies, bank loans, asset-backed securities and other financial companies. The Commercial Finance segment focuses on originating small and middle-ticket equipment leases and commercial loans secured by business-essential equipment, including technology, commercial and industrial equipment and medical equipment. Resource America was founded in 1966 and is headquartered in Philadelphia, PA.

Contact Information

Resource America, Inc.
1 Crescent Drive
Philadelphia Pennsylvania 19112
P:(215) 546-5005
Investor Relations:

Employees

Shareholders

Individual stakeholders47.40%
Other institutional36.67%
Mutual fund holders15.33%

Top Executives

Jonathan Z. CohenPresident, Chief Executive Officer & Director
Thomas C. ElliottChief Financial Officer & Senior Vice President
Jeffrey F. BrotmanExecutive Vice President
Michael S. YeciesSecretary, Chief Legal Officer & Senior VP
David E. BloomSenior Vice President

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