Resource Capital Corp. Declares Quarterly Cash Dividend

NEW YORK, NY, Mar 16 (MARKET WIRE) --
Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that
its Board of Directors has declared a cash dividend of $0.20 per common
share for the quarter ending March 31, 2012. The dividend will be paid on
April 27, 2012 to holders of record on March 30, 2012.

Resource Capital Corp. is a commercial real estate specialty finance
company that qualifies as a real estate investment trust, or REIT, for
federal income tax purposes. Resource Capital Corp.'s investment strategy
focuses on commercial real estate-related assets and, to a lesser extent,
higher-yielding commercial finance assets. The Company invests in the
following asset classes: commercial real estate-related assets such as
whole loans, A-notes, B-notes, mezzanine loans and commercial
mortgage-related securities and investments in real estate joint ventures
as well as commercial finance assets such as bank loans, lease
receivables, other asset backed securities, trust preferred securities,
and debt tranches of collateralized debt obligations, structured note
investments and private equity investments principally issued by
financial institutions.

RSO is externally managed by Resource Capital Manager, Inc., an indirect
wholly owned subsidiary of Resource America, Inc. (NASDAQ: REXI), 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 real estate, commercial finance
and financial fund management sectors.

For more information, please visit the Resource Capital Corp. website at
www.resourcecapitalcorp.com or contact investor relations at
pkamdar@resourceamerica.com.

This press release includes statements that may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are
subject to a variety of known and unknown risks, uncertainties, and other
factors that are difficult to predict and many of which are beyond
management's control. Factors that can affect future results are
discussed in the documents filed by Resource Capital Corp. from time to
time with the Securities and Exchange Commission. Resource Capital Corp.
undertakes no obligation to update or revise any forward-looking
statement to reflect new or changing information or events.

Contact:
Resource Capital Corp.
www.resourcecapitalcorp.com
pkamdar@resourceamerica.com

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