RAIT Financial Trust

Equities

RASFQ

US7492278640

Delayed OTC Markets Other stock markets			5-day change	1st Jan Change
- ^USD	-.--%		+86.74%	+22.71%

2020	RAIT Funding, LLC Went Out of Business	CI
2020	Liquidation Plan Approved for RAIT Funding, LLC	CI

Rait Financial Trust Reports Earnings Results for the Second Quarter Ended June 30, 2019

November 07, 2019 at 04:52 pm EST

RAIT Financial Trust announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced operating income was USD 2.680 million compared to operating loss of USD 21.777 million a year ago. Net income was USD 827,000 compared to net loss of USD 57.023 million a year ago. Basic loss per share was USD 2.3 compared to USD 27.26 a year ago. For the half year, operating loss was USD 3.647 million compared to USD 38.799 million a year ago. Net loss was USD 5.374 million compared to USD 84.728 million a year ago. Basic loss per share was USD 8.41 compared to USD 45.82 a year ago.

Latest news about RAIT Financial Trust

RAIT Funding, LLC Went Out of Business	20-03-27	CI
Liquidation Plan Approved for RAIT Funding, LLC	20-01-30	CI
Fortress Investment Group LLC completed the acquisition of substantially all of the assets of RAIT Financial Trust (OTCPK:RASF.Q), RAIT General, Inc., RAIT Limited, Inc. and Taberna Realty Finance Trust for approximately $170 million.	19-12-22	CI
Disclosure Statement Approved for RAIT Funding, LLC	19-12-16	CI
Motion for Asset Sale Approved for RAIT Funding, LLC	19-12-05	CI
Notice of Cancellation of Auction Filed by RAIT Funding, LLC	19-11-29	CI
Rait Financial Trust Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-11-07	CI
Joint Reorganization Plan and Disclosure Statement Filed by RAIT Funding, LLC	19-10-14	CI
Bidding Procedure Approved for RAIT Funding, LLC	19-10-02	CI
Motion for Asset Sale Filed by RAIT Funding, LLC	19-09-09	CI
Motion for Joint Administration Approved for RAIT Funding, LLC	19-09-04	CI
Motion for Joint Administration Filed by RAIT Funding, LLC	19-09-02	CI
RAIT Funding, LLC Filed for Bankruptcy	19-08-30	CI
Fortress Investment Group LLC entered into an equity and asset purchase agreement to acquire substantially all of the assets of RAIT Financial Trust (OTCPK:RASF.Q), RAIT General, Inc., RAIT Limited, Inc. and Taberna Realty Finance Trust for approximately $170 million.	19-08-29	CI
RAIT Financial Trust Receives Notice of Default Relating to 7.125% Senior Notes Due 2019 and 7.625% Senior Notes Due 2024	19-08-26	CI
RAIT Financial Trust Auditor Raises 'Going Concern' Doubt	19-03-25	CI
Baker Katz, LLC acquired PlazAmericas Mall in Houston from RAIT Financial Trust.	18-12-18	CI
RAIT Financial Trust will Change its Ticker to RASF from RASF.D	18-09-10	CI
KRA Management acquired 40-story Tower at Erieview and adjacent Galleria from RAIT Financial Trust (OTCPK:RASF.D) for $17.7 million.	18-08-01	CI
RAIT Financial Trust Announces Executive Changes	18-06-28	CI
Pebb Enterprises, LLC and Tortoise Propane, L.P. acquired 171,489 square feet property at 1501 Yamato Road in Boca Raton from RAIT Financial Trust for $42 million.	18-06-19	CI
RAIT Financial Trust(OTCPK:RASF) dropped from Russell 2000 Index	18-05-17	CI
RAIT Financial Trust(OTCPK:RASF) dropped from Russell 3000 Index	18-05-17	CI
RAIT Financial Trust(NYSE:RAS) dropped from S&P TMI Index	18-05-16	CI
RAIT Financial Trust(NYSE:RAS) dropped from S&P Global BMI Index	18-03-19	CI

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Company Profile

RAIT Financial Trust is a United States-based real estate investment trust company, that is focused on managing a portfolio of commercial real estate (CRE) loans and properties. It conducts its business through real estate lending, owning and managing segment concentrated on lending, owning and managing commercial real estate assets throughout the United States.

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	1st Jan change	Capi.
RAIT FINANCIAL TRUST	+22.71%	79.42K
LIBERTY PROPERTY TRUST	+3.16%	10.22B
GREN PROP	+41.48%	1.48B