BNET Industries

RAIT Financial Trust

Market Cap:$93.5M
Last Fiscal Year Sales:$249.1M
  • Public
  • US
Dow Jones Description

RAIT Investment Trust is a real estate investment trust, or REIT, formed under Maryland law. We were formed in August 1997. We commenced operations upon completion of our initial public offering in January 1998. We conduct our operations through RAIT Partnership, L.P., a limited partnership that owns substantially all of our assets. Our wholly owned subsidiaries, RAIT General, Inc. and RAIT Limited, Inc., are the sole general partner and sole limited partner, respectively, of RAIT Partnership. We sometimes refer to RAIT Investment Trust and RAIT Partnership, along with RAIT General and RAIT Limited, using the words ?we,? ?our? and ?us.? We make investments in real estate primarily by: ? making real estate loans; ? acquiring real estate loans; and ? acquiring real estate interests. We seek to generate income for distribution to our shareholders from a combination of interest and fees on loans, rents and other income from our real estate interests and proceeds from the disposition of our investments.

Number of Employees 34
Contact Information

1818 Market St Fl 28

Philadelphia, Pennsylvania 19103-3629

raitft.com

215.861.7900

NAICS Code : 525930

Recent Events

  • RAIT Financial narrows 3Q loss to $24.7M

    11/04/09 - Financial Announcement - View Story

  • RAIT Financial Trust Declares Preferred Stock Dividends

    10/27/09 - Stock Split / Dividend - View Story

  • RAIT Financial Trust Launches Fixed Income Securities Business

    7/13/09 - Product Announcement - View Story

News & Analysis

rait financial trust - All News and Analysis

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     RAS $1.44 -0.09 (-5.88% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 930,215
Shares Outstanding 64.97M
Market Cap 93.6M
Year High 3.45
Year Low 0.45
Earnings Per Share -15.05
P/E Ratio -0.10
Dividend 1.40
Yield 97.22
IndustryTop Rated
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