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Tuesday, November 24, 2009, 2:25PM ET - U.S. Markets close in 1 hour and 35 minutes. Dow Down 0.17% Nasdaq Down 0.46%
RAIT Financial Trust (RAS)At 2:09PM ET: 1.3799  Down 0.0601 (4.17%)  
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RAIT Financial Trust
Cira Centre 2929 Arch Street
17th Floor
Philadelphia, PA 19104
United States - Map
Phone: 215-243-9000
Fax: 215-243-9039
Web Site: http://www.raitft.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property Management
Full Time Employees:61

BUSINESS SUMMARY 
RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT) in the United States and Europe. The company, through its subsidiaries, provides a set of debt financing options to the real estate industry; and invests in real estate related assets. It manages and invests various assets, including commercial mortgages, mezzanine loans, and other loans; trust preferred securities and subordinated debentures; residential mortgage loans; and mortgaged-backed securities, including residential mortgage-backed securities, commercial mortgage-backed securities, unsecured REIT notes, and other real estate-related debt securities. The company also invests in real estate interests in entities that own real estate. RAIT Financial Trust qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. RAIT Investment Trust was founded in 1997 and is based in Philadelphia, Pennsylvania.
Key Statistics

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    CORPORATE GOVERNANCE 
    RAIT Financial Trust's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 95.9% of Russell 3000 companies and 87.8% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Scott F. Schaeffer , 46
    Chief Exec. Officer and Pres
    $ 1.09M $ 0
    Mr. Jack E. Salmon , 55
    Chief Financial Officer and Treasurer
    $ 962.00K $ 0
    Mr. Plamen M. Mitrikov , 35
    Exec. VP of Asset Management
    $ 1.09M $ 0
    Mr. Raphael Licht , 41
    Chief Operating Officer and Sec.
    N/A N/A
    Mr. Samuel J. Greenblatt ,
    Exec. VP of Originations
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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