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RAIT Financial Trust

Financial ServicesReal Estate & Constructioninvestmentreal estate agencyreal estate investments
RAIT Financial Trust ("RAIT") (NYSE: RAS) is an internally-managed real estate investment trust ("REIT") that provides debt financing options to owners of commercial real estate and invests directly into commercial real estate properties located throughout the United States. In addition, RAIT is an asset and property manager of real estate-related assets. Since closing our initial public offering in January 1998, our management team has positioned RAIT as a vertically integrated commercial real estate company with a commercial real estate focused platform capable of originating commercial real estate loans, CMBS eligible loans, acquiring commercial real estate properties and investing in, managing, servicing, trading and advising on commercial real estate-related assets. Our management team is focused on producing attractive risk-adjusted returns while maximizing shareholder value over time.
Company Growth (employees)
Type
Public
HQ
Philadelphia, US
Founded
1998
Size (employees)
226 (est)-74%
Website
rait.com
RAIT Financial Trust was founded in 1998 and is headquartered in Philadelphia, US

RAIT Financial Trust Office Locations

RAIT Financial Trust has an office in Philadelphia
Philadelphia, US (HQ)
Two Logan Square 100 N. 18th Street, 23rd Floor

RAIT Financial Trust Data and Metrics

RAIT Financial Trust Financial Metrics

RAIT Financial Trust's revenue was reported to be $173.6 m in 2016
$, USD

Revenue (Y, 2016)

173.6 m

Revenue growth (Y, 2015 - Y, 2016), %

(46%)

Net income (Y, 2016)

50.1 m

EBIT (Y, 2016)

(45.8 m)

Market capitalization (23-Jun-2017)

177 m

Closing share price (23-Jun-2017)

1.9

Cash (31-Dec-2016)

110.5 m
RAIT Financial Trust's current market capitalization is $177 m.
$, USDFY, 2013FY, 2014FY, 2015Y, 2016

Revenue

246.9 m289.7 m324 m173.6 m

Revenue growth, %

17%12%(46%)

Operating expense total

182 m247.5 m341 m219.4 m

EBIT

64.9 m42.2 m(17.1 m)(45.8 m)

EBIT margin, %

26%15%(5%)(26%)

Interest expense

40.3 m55.4 m84.3 m55 m

Interest income

1 m427 k

Income tax expense

(2.9 m)(2.1 m)2.8 m(2.6 m)

Net Income

(285.4 m)(290 m)63.5 m50.1 m
$, USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

25 m29.7 m100 m88.8 m121.7 m125.9 m110.5 m

Accounts Receivable

48.3 m51.6 m47.3 m36.3 m

Total Assets

3 b3.5 b4.4 b2.4 b

Accounts Payable

32.4 m55 m39.7 m20 m

Additional Paid-in Capital

1.9 b2 b2.1 b2.1 b

Retained Earnings

(1.3 b)(1.6 b)(1.7 b)(1.7 b)

Total Equity

635.7 m587.8 m744.7 m377.8 m

Financial Leverage

4.8 x6 x6 x6.4 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(285.4 m)(290 m)63.5 m50.1 m

Depreciation and Amortization

36.1 m56.8 m73.9 m78.8 m

Accounts Receivable

(9.9 m)(10 m)5.1 m

Accounts Payable

4.1 m16.3 m

Cash From Operating Activities

69.6 m49.3 m87.9 m

Interest Paid

32.7 m
Y, 2016

Financial Leverage

6.4 x

RAIT Financial Trust Market Value History

Market Position of RAIT Financial Trust

Competitors

Rayonier
Real Estate & Construction - Public
Washington Real Estate Investment Trust
Real Estate & Construction - Public
American Assets Trust
Real Estate & Construction - Public
Two Harbors Investment
Real Estate & Construction - Public
Compare competitors

RAIT Financial Trust Company Life and Culture

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