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RAIT Financial Trust Message Board

  • ethison ethison Oct 1, 2013 4:39 PM Flag

    New Knowledge

    The presentation provided little new info for any regular readers of this board. I learned one or two new things.
    1. JMP will start formal coverage soon. Great news for longs.
    2. The apartment complex that IRT bought was not from RAS as RAS now has 8,500 units under management.
    3. He has reiterated all in one statement what he stated piecemeal in the past......"we are match funded, so we are not taking any interest or maturity risk. (always nice to hear).
    4. Scott is preparing for inflation ahead.
    5. Steve Delaney really likes the company.

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