Resource America Inc (NASDAQ:REXI)

9.07
Data as of Dec 24
 +0.16 / +1.80%
Today’s Change
7.99
Today|||52-Week Range
9.96
-3.10%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$207.3M

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:

Employees

Shareholders

Individual stakeholders45.76%
Other institutional27.08%
Mutual fund holders16.74%

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

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