Resource America, Inc. Announces the Completion of Resource Real Estate Investors 6, L.P.

PHILADELPHIA, PA, May 20 (MARKET WIRE) --
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that
its subsidiary, Resource Real Estate ("RRE"), has successfully completed the
private offering of Resource Real Estate Investors 6, L.P. ("R6" or the
"Fund"). The Fund acquired eight assets, with a gross value of $76 million,
which include five equity positions and three subordinated debt investments.
The following is a list of properties that R6 has acquired: Coach Lantern in
Scarborough(Portland), ME, Foxcroft in Scarborough (Portland), ME, Memorial
Towers in
Houston, TX, Park Hill in San Antonio, TX and the Villas of Henderson Pass in
San Antonio, TX. The following is a list of the properties in which the Fund
purchased subordinated debt investments: Acacia Park in San Bernardino, CA,
the Hillwood Apartments in Montgomery, AL and Southern Cove in Las Vegas, NV.
This is RRE's eighth multifamily fund; to date RRE has raised approximately
$247 million in gross offering proceeds for its multifamily programs which
has purchased $577 million worth of multifamily real estate assets.

RRE invests and manages real estate investments for its own account and
third
party investors in five primary areas: (1) stable income-generating multifamily
properties; (2) real estate debt investments; (3) value-added multifamily
investments;
(4) distressed real estate and (5) Commercial Mortgage Backed Securities. In
total, RRE manages over $1.7 billion in assets under management as of March
31, 2008.

RRE owns and manages real estate investment vehicles on behalf of itself and
for
outside investors and operates the Company's commercial real estate debt
platform. RRE offers investment programs that acquire stable income-generating
multifamily real estate assets throughout the U.S. in areas with solid
demographic and real estate fundamentals that provide tax-advantaged cash flows
to investors. RRE currently manages an apartment portfolio of approximately
10,000
multifamily units representing 38 properties.

According to Alan F. Feldman, SVP of Resource America, Inc. and CEO of
Resource Real Estate, "We are seeing tremendous opportunities in the
marketplace to acquire multifamily properties as the credit crunch has forced
many highly leveraged buyers out of the market leaving fewer buyers competing
for multifamily acquisitions. Simultaneously, the U.S. subprime mortgage crisis
is expected to drive more Americans into rental properties. We believe that R6
is a
good example of how RRE can take advantage of some of the dislocations in the
marketplace caused by the ongoing credit crisis. While RRE will maintain its
focus on stabilized and value-added multifamily properties and associated
investment
products, we are also looking towards additional opportunistic real estate
investments, including what appears to be a growing opportunity to acquire
distressed real estate throughout the U.S."

Resource America, Inc. is a specialized asset management company that uses
industry specific expertise to generate and administer investment opportunities
for
its own account and for outside investors in the commercial finance, real
estate and financial fund management sectors. For more information please
visit our website at www.resourceamerica.com or contact
pkamdar@resourceamerica.com.

Certain matters discussed within this press release are forward-looking
statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Although
Resource America, Inc. believes the expectations reflected in such
forward-looking
statements are based on reasonable assumptions, it can give no assurance that
its
expectations will be attained. Factors that could cause actual results to
differ materially from expectations include financial performance, regulatory
changes, changes in local or national economic conditions and other risks
detailed from time to time in the Company's reports filed with the SEC,
including quarterly reports on Form 10Q, reports on Form 8-K and annual reports
on
Form 10-K.

Contact:
pkamdar@resourceamerica.com

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