Company:  RAIT FINANCIAL TRUST (RASF)
Form Type:  4
Filing Date:  11/8/2018 
CIK:  0001045425 
Address:  TWO LOGAN SQUARE
100 N. 18TH STREET, 23RD FLOOR
 
City, State, Zip:  PHILADELPHIA, Pennsylvania 19103 
Telephone:  215-207-2100 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$2.40  
Change: 
0.00 (0.00%)  
Trade Time: 
Nov 16  
Market Cap: 
$4.44M
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Description of Business
We are an internally-managed Maryland real estate investment trust, or REIT, focused on managing a portfolio of commercial real estate (CRE) loans and properties. As explained further below, we are currently undertaking steps intended to increase RAIT's liquidity and better position RAIT to meet its financial obligations as they come due. We were formed in August 1997 and commenced operations in January 1998. A discussion of our business lines as segments is incorporated by reference to Note 18 of Notes to Consolidated Financial Statements set forth in Part II, Item 8, "Financial Statements and Supplementary Data." Business Strategy On September 7, 2017, we announced that our Board of Trustees, or the board, had formed a committee of independent trustees, or the special committee, to explore and evaluate a wide range of possible strategic and financial alternatives for RAIT.
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  FORM 4
    NAME AND TITLE
    NON DERIVATIVE SECURITIES
    DERIVATIVE SECURITIES
    EXPLANATIONS AND REMARKS
    REPORTING OWNERS
    SIGNATURES