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RAIT Financial Trust - Company Profile Snapshot

Company Profile: RAIT Financial Trust
Ticker: RAS
Exchanges: NYSE
2007 Sales: 930,980,000
Major Industry: Financial
Sub Industry: Real Estate Investment Trust Co.
Country: UNITED STATES
Employees: 76

Business Description
RAIT Financial Trust Formerly known as Rait Investment Trust. The Group's principal activity is to provide a comprehensive set of debt financing options to the real estate industry. The Group is a real estate investment trust company. The Group qualifies and has elected to be taxed as a real estate investment trust ("REIT") under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended, commencing with its taxable year ending December 31, 1999. The Group provides real estate loans directly to borrowers, acquires real estate loans from others and has interests in real properties. The operations of the Group are conducted through RAIT Partnership, LP, a limited partnership that owns substantially all assets of the Group. The Group operates throughout United States.

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