RAIT Financial Trust Declares Preferred Stock Dividends

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Thu Apr 22, 2010 8:00am EDT 

PHILADELPHIA--(Business Wire)--
RAIT Financial Trust (NYSE: RAS) announced that its Board of Trustees declared a
second quarter 2010 cash dividend of $0.484375 per share on RAIT`s 7.75% Series
A Cumulative Redeemable Preferred Shares, $0.5234375 per share on RAIT`s 8.375%
Series B Cumulative Redeemable Preferred Shares and $0.5546875 per share on
RAIT`s 8.875% Series C Cumulative Redeemable Preferred Shares. The dividends
will be paid on June 30, 2010 to holders of record on June 1, 2010. 

About RAIT Financial Trust

RAIT Financial Trust manages a portfolio of real estate related assets, provides
a comprehensive set of debt financing options to the real estate industry and
invests in real estate related assets. RAIT's management uses its experience,
knowledge and relationship network to seek to generate and manage real estate
related investment opportunities for RAIT and for outside investors. For more
information, please visit www.raitft.com or call Investor Relations at
215.243.9000.

RAIT Financial Trust
Andres Viroslav
215-243-9000
aviroslav@raitft.com

Copyright Business Wire 2010
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