RAIT Financial Trust Schedules First Quarter 2011 Financial Results Release Date and Conference Call

PHILADELPHIA--(BUSINESS WIRE)--RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its first quarter 2011 financial results before U.S. stock markets open on Friday, April 29, 2011 and invites investors and other interested parties to listen to its quarterly results conference call on Friday, April 29, 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 800.901.5231, access code 17704259. 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 Friday, May 6, 2011 by dialing 888.286.8010, access code 22905171.

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.