RAIT Investment Trust (NYSE: RAS) is a specialized real estate finance company that seeks to deliver riskadjusted
returns as a direct lender and acquirer of mid-sized commercial real estate. RAIT creates tailored
financial solutions for its borrowers quickly and effectively by combining RAIT’s management experience and
expertise in real estate finance, deal structuring and risk and property management with structured financing
products and techniques. RAIT utilizes a streamlined yet comprehensive underwriting process comparable to
those of traditional lenders. RAIT, which is taxed as a real estate investment trust, generates revenue from a
combination of interest, rents, fees, distributions from equity interests RAIT has in properties and revenue
generated from the sale of RAIT’s investments.
Geographic Focus
Eastern Corridor
Property Types
RAIT focuses on office, multi-family and retail property types with financing needs between $2-$30 million
Business Activities
Originate real estate loans
Acquire real estate loans
Acquire real properties
Acquire interests in real properties
Products
Structured Financing
Mezzanine Loans
Non-recourse
85-90% loan to value
1.10 debt service coverage ratio
3-5 year loan term
Subordinate to institutional first mortgage
Prepayable
Bridge Loans
Non-recourse
85-90% Loan to Value
1.10 debt service coverage ratio
1-2 year loan term
Prepayable
Conduit Programs
Non-recourse
Up to 80% loan to value
1.25 debt service coverage ratio
5-10 year fixed rates
Up to 3 year libor based floating rates
Leadership
Betsy Z. Cohen, Chairman and Chief Executive Officer
Scott F. Schaeffer, President
Ellen J. Distefano, Chief Financial Officer
Jay R. Cohen, Executive Vice President
Key Contact Information
Andres Viroslav, Director of Corporate Communications
215.861.7900, aviroslav@raitinvestmenttrust.com
1818 Market Street, 28th Floor Philadelphia, PA 19103
tel 215.861.7900 fax 215.861.7920
