| RAIT Financial Trust (RAIT) is a self-managed and self-advised real estate investment trust (REIT). The Company manages a portfolio of real estate-related assets, provides a set of debt financing options to the real estate industry and invests in real estate-related assets. RAIT conducts its business through its subsidiaries, which include RAIT Partnership, L.P. (RAIT Partnership) and Taberna Realty Finance Trust (Taberna), as well as through their respective subsidiaries. The Company's investments comprise asset classes, which include commercial mortgages, mezzanine loans, other loans and preferred equity interests; investment in real estate interests in entities that own real estate; residential mortgages and loans; trust preferred securities (TruPS) and subordinated debentures, and mortgage-backed securities, including residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), unsecured REIT notes and other real estate-related debt. |
