RAIT Financial Trust Schedules Fourth Quarter and Fiscal 2010 Financial Results Release Date and Conference Call

PHILADELPHIA--(BUSINESS WIRE)--RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its fourth quarter and fiscal 2010 financial results before U.S. stock markets open on Thursday, February 10, 2011 and invites investors and other interested parties to listen to its quarterly results conference call on Thursday, February 10, 2011 at 10:00 a.m. Eastern time.

All interested parties can access the live conference call webcast from the home page of the RAIT Financial Trust website at www.raitft.com or by dialing 866.383.8009, access code 54750416. For those who are not available to listen to the live call, the replay will be available shortly following the live call on RAIT’s website and telephonically until Thursday, February 17, 2011 by dialing 888.286.8010, access code 87219017.

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.