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RAIT Financial Trust

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    • Financial ServicesInvestmentReal Estate & Constructionproperty financereal estate agency
    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.
    Revenue(FY, 2017)
    $99.7 M
    Market capitalization(2018-05-10)
    $14.4 M
    TypePublic
    HQPhiladelphia, US
    Founded1998
    Size (employees)226 (est)
    Websiterait.com
    RAIT Financial Trust was founded in 1998 and is headquartered in Philadelphia, US
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    Key People/Management at RAIT Financial Trust

    Michael J. Malter

    Michael J. Malter

    Chairman of the Board
    John J. Reyle

    John J. Reyle

    Chief Executive Officer, President and Chief Legal Officer
    Justin P. Klein

    Justin P. Klein

    Trustee
    Jon C. Sarkisian

    Jon C. Sarkisian

    Trustee
    Thomas D. Wren

    Thomas D. Wren

    Trustee
    Alfred J. Dilmore

    Alfred J. Dilmore

    Chief Financial Officer and Treasurer
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    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
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    RAIT Financial Trust Financials and Metrics

    RAIT Financial Trust Revenue

    RAIT Financial Trust's revenue was reported to be $99.72 m in FY, 2017
    USD

    Revenue (Q3, 2018)

    		9.3m

    Net income (Q3, 2018)

    		(21.0m)

    EBIT (Q3, 2018)

    		(15.9m)

    Market capitalization (10-May-2018)

    		14.4m

    Closing stock price (10-May-2018)

    		0.2

    Cash (30-Sep-2018)

    		98.4m
    RAIT Financial Trust's current market capitalization is $14.4 m.
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		246.9m289.7m324.0m173.6m99.7m

    Revenue growth, %

    		17%12%(46%)

    General and administrative expense

    		14.9m20.8m31.7m25.2m

    Operating expense total

    		182.0m341.0m219.4m184.9m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		62.4m67.3m73.3m75.3m75.9m79.4m75.0m89.5m85.1m43.2m29.6m22.8m24.6m18.3m16.6m9.3m

    General and administrative expense

    		3.2m4.2m4.9m4.8m5.1m4.5m5.1m5.6m3.7m6.2m6.2m6.4m9.3m7.2m5.3m

    Operating expense total

    		44.7m55.5m59.6m62.3m79.1m77.7m87.0m95.7m90.7m51.1m42.1m57.6m37.7m35.4m38.3m25.2m

    EBIT

    		17.7m11.8m13.6m13.0m(3.2m)1.8m(12.1m)(6.2m)(5.7m)(7.8m)(12.5m)(34.8m)(13.1m)(17.0m)(21.8m)(15.9m)
    show all
    Annual
    usdY, 2010Y, 2011Y, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017

    Cash

    		25.0m29.7m100.0m88.8m88.8m121.7m125.9m125.9m110.5m53.4m

    Accounts Receivable

    		48.3m51.6m47.3m2.2m

    Inventories

    Total Assets

    		3.0b3.0b3.5b4.4b4.4b2.4b1.8b
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		116.6m110.1m75.1m116.8m92.7m104.8m92.7m94.6m66.9m36.0m96.4m89.3m46.0m84.5m72.2m98.4m

    Total Assets

    		3.0b3.4b3.5b3.8b3.6b3.6b4.3b4.3b4.0b3.9b2.2b2.0b1.9b1.6b1.1b957.6m

    Accounts Payable

    		32.9m24.2m28.7m58.6m48.5m52.7m42.2m30.0m32.5m20.1m14.0m15.2m15.2m8.2m8.8m4.9m

    Total Liabilities

    		2.2b2.5b2.7b2.9b2.9b2.9b3.5b3.5b3.2b3.1b1.8b1.8b1.6b1.4b1.0b873.2m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    		(285.4m)(290.0m)63.5m50.1m

    Depreciation and Amortization

    		36.1m56.8m73.9m78.8m

    Accounts Payable

    		4.1m16.3m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    		(156.8m)(7.4m)(26.4m)(42.9m)266.0k26.7m51.5m(10.5m)15.9m25.3m(21.5m)(138.4m)

    Depreciation and Amortization

    		26.0m12.0m25.5m38.7m19.0m36.0m51.2m24.3m47.1m66.3m9.8m17.6m

    Accounts Payable

    		8.1m(10.6m)(6.8m)21.6m(6.5m)

    Cash From Operating Activities

    		44.7m22.3m37.2m64.3m(13.0m)82.4m59.8m
    show all
    USDY, 2018

    Financial Leverage

    		11.3 x
    Show all financial metrics
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    Competitors

    Copenhagen Capital
    Financial Services - Public
    American Assets Trust
    Financial Services - Public
    Godewind Immobilien
    Investment - Public
    Merlin Properties
    Investment - Public
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    RAIT Financial Trust News and Updates

    June 15, 2018

    A Positive Development For RAIT Financial Trust's Baby Bond Holders

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    RAIT Financial Trust Company Life and Culture

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     RAIT Financial Trust Frequently Asked Questions

    • When was RAIT Financial Trust founded?

      RAIT Financial Trust was founded in 1998.

    • Who are RAIT Financial Trust key executives?

      RAIT Financial Trust's key executives are Michael J. Malter, John J. Reyle and Justin P. Klein.

    • How many employees does RAIT Financial Trust have?

      RAIT Financial Trust has 226 employees.

    • What is RAIT Financial Trust revenue?

      Latest RAIT Financial Trust annual revenue is $99.7 m.

    • What is RAIT Financial Trust revenue per employee?

      Latest RAIT Financial Trust revenue per employee is $441.2 k.

    • Who are RAIT Financial Trust competitors?

      Competitors of RAIT Financial Trust include Copenhagen Capital, American Assets Trust and Godewind Immobilien.

    • Where is RAIT Financial Trust headquarters?

      RAIT Financial Trust headquarters is located at Two Logan Square 100 N. 18th Street, 23rd Floor, Philadelphia.

    • Where are RAIT Financial Trust offices?

      RAIT Financial Trust has an office in Philadelphia.

    • How many offices does RAIT Financial Trust have?

      RAIT Financial Trust has 1 office.