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Resource America Inc (NASDAQ:REXI)

During the Trading Day
5.88 +0.04 / +0.68%
As of 4:00pm ET
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5.88 -0.0012 / -0.02%
Volume: 524.00

Company Description

Resource America, Inc. is a specialized asset management company, which uses industry specific expertise to evaluate, originate, service and manage investment opportunities through real estate, financial fund management and commercial finance subsidiaries as well as joint ventures. The company operates its business through three segments: Real Estate, Financial Fund Management and Commercial Finance. The Real Estate segment focuses on acquiring and managing diversified portfolio of commercial real estate and real estate related debt that has been discounted due to the effects of current economic conditions and high levels of leverage as well as value-added multifamily investments. The Financial Fund Management segment focuses sponsorship and management of issuers of collateralized loan obligations. 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.
One Crescent Drive
Philadelphia Pennsylvania 19112
P:(215) 546-5005
Investor Relations:



Individual stakeholders56.96%
Other institutional23.51%
Mutual fund holders12.33%

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 Edward BloomSenior Vice President