Rait Financial Trust (RAS) 3.07 $RAS
Technical Coverage on REIT - Diversified Stocks -- MFA Financial, CYS Investments, RAIT Financial Trust, and iStar
PR Newswire - Thu Jun 16, 7:40AM CDT
On Wednesday, June 15, 2016, the NASDAQ Composite ended the trading session at 4,834.93, down 0.18%; the Dow Jones Industrial Average edged 0.20% lower to finish at 17,640.17; and the S&P 500 closed at 2,071.50, down 0.18%. However, six out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: MFA Financial Inc. (NYSE: MFA), CYS Investments Inc. (NYSE: CYS), RAIT Financial Trust (NYSE: RAS), and iStar Inc. (NYSE: STAR). Learn more about these stocks by accessing their free trade alerts at:
STAR: 9.09 (-0.49), MFA: 6.99 (-0.19), CYS: 8.15 (unch), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces Second Quarter Cash Dividend on its Common Shares
BusinessWire - Wed Jun 15, 3:30PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT"
today announced that on June 15, 2016, RAIT's Board of Trustees declared a second quarter 2016 cash dividend on RAIT's common shares of $0.09 per common share. The dividend will be paid on July 29, 2016 to holders of record on July 8, 2016. The ex-dividend date is July 6, 2016.
RAS: 3.07 (-0.12)
RAIT Financial Trust Declares Second Quarter 2016 Preferred Dividends
BusinessWire - Thu May 19, 3:05PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT" announced that on May 19, 2016, RAIT's Board of Trustees declared a second quarter 2016 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, 2016 to holders of record on June 1, 2016.
RAS: 3.07 (-0.12)
Independence Realty Trust to Present at NAREIT's REITWeek 2016
BusinessWire - Mon May 16, 3:15PM CDT
Independence Realty Trust, Inc. ("IRT" (NYSE MKT: IRT) today announced that it will present at REITWeek 2016, the National Association of Real Estate Investment Trusts (NAREIT) Investor Forum, on June 7, 2016, at 8:00 AM (ET), at the Waldorf Astoria New York. The presentation will be audio-webcast and may be accessed through the company's website at www.irtreit.com in the Investor Relations section under Presentations. For those who are not able to listen to the live broadcast, a replay link will be available on the company's website following the presentation.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 7:00AM CDT
RAIT Financial Trust ("RAIT" (NYSE: RAS) today announced first quarter 2016 financial results. All per share results are reported on a diluted basis.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 360 Unit Apartment Property in Phoenix, Arizona for $47.0 Million
BusinessWire - Thu May 05, 3:15PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that on May 5, 2016 IRT sold a 360 unit apartment property located in Phoenix, Arizona for $47.0 million. IRT received net cash proceeds of approximately $18.4 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 1999 and renovated in 2006, generated $2.4 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Announces First Quarter 2016 Financial Results
BusinessWire - Wed May 04, 7:00AM CDT
Independence Realty Trust, Inc. ("IRT" (NYSE MKT: IRT) today announced its first quarter 2016 financial results. All per share results are reported on a diluted basis.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Schedules First Quarter 2016 Financial Results Release Date and Conference Call
BusinessWire - Thu Apr 21, 3:15PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that it expects to release its first quarter 2016 financial results before U.S. stock markets open on Wednesday, May 4, 2016 and invites investors and other interested parties to listen to its quarterly results conference call on Wednesday, May 4, 2016 at 9:00 a.m. Eastern time.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Announces Second Quarter Monthly Cash Dividends on its Common Stock
BusinessWire - Thu Apr 14, 3:24PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that, on April 14, 2016, IRT's Board of Directors declared monthly cash dividends for the second quarter of 2016 on IRT's shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the second quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month:
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 162 Unit Apartment Property in Denver, Colorado for $23.0 Million
BusinessWire - Fri Apr 08, 12:01PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that on April 7, 2016 IRT sold a 162 unit apartment property located in Denver, Colorado for $23.0 million. IRT received net cash proceeds of approximately $11.6 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 2002 and renovated in 2011, generated approximately $1.3 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes. The property sale is part of IRT's previously announced strategy to sell properties that fall outside its geographic focus and use the proceeds to repay a portion of its indebtedness. IRT expects to recognize a gain of approximately $13.0 million associated with the sale in the quarter ending June 30, 2016.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces First Quarter Cash Dividend on its Common Shares
BusinessWire - Mon Mar 14, 3:05PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT" today announced that on March 14, 2016, RAIT's Board of Trustees declared a first quarter 2016 cash dividend on RAIT's common shares of $0.09 per common share. The dividend will be paid on April 29, 2016 to holders of record on April 8, 2016. The ex-dividend date is April 6, 2016.
RAS: 3.07 (-0.12)
RAIT Financial Trust Schedules Fourth Quarter and Fiscal 2015 Financial Results Release Date and Conference Call
BusinessWire - Fri Jan 29, 7:30AM CST
RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its fourth quarter and fiscal 2015 financial results before U.S. stock markets open on Thursday, February 25, 2016 and invites investors and other interested parties to listen to its quarterly results conference call on Thursday, February 25, 2016 at 9:00 a.m. Eastern time.
RAS: 3.07 (-0.12)
RAIT Financial Trust Announces Tax Treatment of Dividends in 2015
BusinessWire - Mon Jan 25, 3:15PM CST
RAIT Financial Trust ("RAIT" (NYSE: RAS) today announced the following:
RAS: 3.07 (-0.12)
Independence Realty Trust Announces First Quarter Monthly Cash Dividends on its Common Stock
BusinessWire - Thu Jan 14, 4:01PM CST
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that, on January 14, 2016, IRT's Board of Directors declared monthly cash dividends for the first quarter of 2016 on IRT's shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the first quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month:
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Closes a $347.4 Million Non-Recourse, Floating-Rate CMBS Transaction
BusinessWire - Wed Dec 23, 3:10PM CST
RAIT Financial Trust (NYSE: RAS) ("RAIT" announced today the closing of its fifth non-recourse, floating-rate CMBS transaction collateralized by floating rate commercial real estate first lien mortgage loans and pari passu participation interests in such mortgage loans, all of which were originated by subsidiaries of RAIT. The transaction involved the sale by a RAIT subsidiary of investment grade notes totaling approximately $263.6 million with a weighted average cost of LIBOR plus 2.62%. RAIT affiliates retained certain investment grade notes and all of the below investment grade and un-rated subordinated interests totaling approximately $83.8 million. RAIT entered into the transaction to obtain non-recourse, matched-term financing for the loans and participation interests serving as collateral. Barclays Capital Inc. acted as sole structuring agent. Barclays Capital Inc., Citigroup Global Markets Inc. and UBS Securities LLC acted as co-lead and joint book-running managers.
RAS: 3.07 (-0.12)
Independence Realty announces sale of apartment property in Arizona for USD33.6m
M2 - Wed Dec 23, 4:40AM CST
Real estate investment trust Independence Realty Trust Inc (NYSE MKT:IRT) disclosed on Wednesday that it sold a 320 unit apartment property in Tucson, Arizona, for USD33.6m the same day.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 320 Unit Apartment Property in Tucson, Arizona for $33.6 Million
BusinessWire - Tue Dec 22, 3:10PM CST
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT" today announced that on December 22, 2015 IRT sold a 320 unit apartment property located in Tucson, Arizona for $33.6 million. IRT received net cash proceeds of approximately $14.2 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 1995, generated $1.9 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Why RAIT Financial Trust Real Estate Trust Jumped Today
Jordan Wathen, The Motley Fool - Motley Fool - Tue Dec 15, 2:26PM CST
What: Shares of RAIT Financial Trust Real Estate Trust are on the move, rising by 10.6% at 2:40 p.m. EST. So what: Fresh Form 4 filings hit the SEC after market close on Monday, which revealed insider purchase of RAIT common and preferred...
RAS: 3.07 (-0.12)
Stock to Watch: RAIT Financial Trust Down 6.8% (RAS)
Comtex SmarTrend(R) - Mon Dec 14, 11:39AM CST
RAIT Financial Trust (NYSE:RAS) is one of today's worst performing low-priced stocks, down 6.8% to $2.32 on 1.9x average daily volume. Thus far today, RAIT Financial Trust has traded 1.7 million shares, vs. average volume of 885,000 shares per day. The stock has underperformed the Dow (-6.8% to the Dow's 0.2%) and underperformed the S&P 500 (-6.8% to the S&P's 0.0%) during today's trading.
RAS: 3.07 (-0.12)
Downgrade Alert for RAIT Financial Trust (RAS)
Comtex SmarTrend(R) - Fri Dec 11, 7:05AM CST
RAIT Financial Trust (NYSE:RAS) was downgraded from Buy to Neutral at Compass Point today. The stock closed yesterday at $2.63 on volume of 2.8 million shares, above average daily volume of 809,000. RAIT Financial Trust has overhead space with shares priced $2.63, or 62.2% below the average consensus analyst price target of $6.95. RAIT Financial Trust shares should first meet resistance at the 50-day moving average (MA) of $4.68 and find additional resistance at the 200-day MA of $5.79.
RAS: 3.07 (-0.12)
Technical Coverage on REIT - Diversified Stocks -- MFA Financial, CYS Investments, RAIT Financial Trust, and iStar
PR Newswire - Thu Jun 16, 7:40AM CDT
On Wednesday, June 15, 2016, the NASDAQ Composite ended the trading session at 4,834.93, down 0.18%; the Dow Jones Industrial Average edged 0.20% lower to finish at 17,640.17; and the S&P 500 closed at 2,071.50, down 0.18%. However, six out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: MFA Financial Inc. (NYSE: MFA), CYS Investments Inc. (NYSE: CYS), RAIT Financial Trust (NYSE: RAS), and iStar Inc. (NYSE: STAR). Learn more about these stocks by accessing their free trade alerts at:
STAR: 9.09 (-0.49), MFA: 6.99 (-0.19), CYS: 8.15 (unch), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces Second Quarter Cash Dividend on its Common Shares
BusinessWire - Wed Jun 15, 3:30PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT"
today announced that on June 15, 2016, RAIT's Board of Trustees declared a second quarter 2016 cash dividend on RAIT's common shares of $0.09 per common share. The dividend will be paid on July 29, 2016 to holders of record on July 8, 2016. The ex-dividend date is July 6, 2016. RAS: 3.07 (-0.12)
RAIT Financial Trust Declares Second Quarter 2016 Preferred Dividends
BusinessWire - Thu May 19, 3:05PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT"
announced that on May 19, 2016, RAIT's Board of Trustees declared a second quarter 2016 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, 2016 to holders of record on June 1, 2016. RAS: 3.07 (-0.12)
Independence Realty Trust to Present at NAREIT's REITWeek 2016
BusinessWire - Mon May 16, 3:15PM CDT
Independence Realty Trust, Inc. ("IRT"
(NYSE MKT: IRT) today announced that it will present at REITWeek 2016, the National Association of Real Estate Investment Trusts (NAREIT) Investor Forum, on June 7, 2016, at 8:00 AM (ET), at the Waldorf Astoria New York. The presentation will be audio-webcast and may be accessed through the company's website at www.irtreit.com in the Investor Relations section under Presentations. For those who are not able to listen to the live broadcast, a replay link will be available on the company's website following the presentation. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 7:00AM CDT
RAIT Financial Trust ("RAIT"
(NYSE: RAS) today announced first quarter 2016 financial results. All per share results are reported on a diluted basis. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 360 Unit Apartment Property in Phoenix, Arizona for $47.0 Million
BusinessWire - Thu May 05, 3:15PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that on May 5, 2016 IRT sold a 360 unit apartment property located in Phoenix, Arizona for $47.0 million. IRT received net cash proceeds of approximately $18.4 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 1999 and renovated in 2006, generated $2.4 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Announces First Quarter 2016 Financial Results
BusinessWire - Wed May 04, 7:00AM CDT
Independence Realty Trust, Inc. ("IRT"
(NYSE MKT: IRT) today announced its first quarter 2016 financial results. All per share results are reported on a diluted basis. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Schedules First Quarter 2016 Financial Results Release Date and Conference Call
BusinessWire - Thu Apr 21, 3:15PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that it expects to release its first quarter 2016 financial results before U.S. stock markets open on Wednesday, May 4, 2016 and invites investors and other interested parties to listen to its quarterly results conference call on Wednesday, May 4, 2016 at 9:00 a.m. Eastern time. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Announces Second Quarter Monthly Cash Dividends on its Common Stock
BusinessWire - Thu Apr 14, 3:24PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that, on April 14, 2016, IRT's Board of Directors declared monthly cash dividends for the second quarter of 2016 on IRT's shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the second quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month: IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 162 Unit Apartment Property in Denver, Colorado for $23.0 Million
BusinessWire - Fri Apr 08, 12:01PM CDT
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that on April 7, 2016 IRT sold a 162 unit apartment property located in Denver, Colorado for $23.0 million. IRT received net cash proceeds of approximately $11.6 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 2002 and renovated in 2011, generated approximately $1.3 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes. The property sale is part of IRT's previously announced strategy to sell properties that fall outside its geographic focus and use the proceeds to repay a portion of its indebtedness. IRT expects to recognize a gain of approximately $13.0 million associated with the sale in the quarter ending June 30, 2016. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Announces First Quarter Cash Dividend on its Common Shares
BusinessWire - Mon Mar 14, 3:05PM CDT
RAIT Financial Trust (NYSE: RAS) ("RAIT"
today announced that on March 14, 2016, RAIT's Board of Trustees declared a first quarter 2016 cash dividend on RAIT's common shares of $0.09 per common share. The dividend will be paid on April 29, 2016 to holders of record on April 8, 2016. The ex-dividend date is April 6, 2016. RAS: 3.07 (-0.12)
RAIT Financial Trust Schedules Fourth Quarter and Fiscal 2015 Financial Results Release Date and Conference Call
BusinessWire - Fri Jan 29, 7:30AM CST
RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its fourth quarter and fiscal 2015 financial results before U.S. stock markets open on Thursday, February 25, 2016 and invites investors and other interested parties to listen to its quarterly results conference call on Thursday, February 25, 2016 at 9:00 a.m. Eastern time.
RAS: 3.07 (-0.12)
RAIT Financial Trust Announces Tax Treatment of Dividends in 2015
BusinessWire - Mon Jan 25, 3:15PM CST
RAIT Financial Trust ("RAIT"
(NYSE: RAS) today announced the following: RAS: 3.07 (-0.12)
Independence Realty Trust Announces First Quarter Monthly Cash Dividends on its Common Stock
BusinessWire - Thu Jan 14, 4:01PM CST
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that, on January 14, 2016, IRT's Board of Directors declared monthly cash dividends for the first quarter of 2016 on IRT's shares of common stock in the amount of $0.06 per share per month. The monthly dividends total $0.18 per share for the first quarter. The month for which each dividend was declared is set forth below, with the relevant amount per share, record date and payment date set forth opposite the month: IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
RAIT Financial Trust Closes a $347.4 Million Non-Recourse, Floating-Rate CMBS Transaction
BusinessWire - Wed Dec 23, 3:10PM CST
RAIT Financial Trust (NYSE: RAS) ("RAIT"
announced today the closing of its fifth non-recourse, floating-rate CMBS transaction collateralized by floating rate commercial real estate first lien mortgage loans and pari passu participation interests in such mortgage loans, all of which were originated by subsidiaries of RAIT. The transaction involved the sale by a RAIT subsidiary of investment grade notes totaling approximately $263.6 million with a weighted average cost of LIBOR plus 2.62%. RAIT affiliates retained certain investment grade notes and all of the below investment grade and un-rated subordinated interests totaling approximately $83.8 million. RAIT entered into the transaction to obtain non-recourse, matched-term financing for the loans and participation interests serving as collateral. Barclays Capital Inc. acted as sole structuring agent. Barclays Capital Inc., Citigroup Global Markets Inc. and UBS Securities LLC acted as co-lead and joint book-running managers. RAS: 3.07 (-0.12)
Independence Realty announces sale of apartment property in Arizona for USD33.6m
M2 - Wed Dec 23, 4:40AM CST
Real estate investment trust Independence Realty Trust Inc (NYSE MKT:IRT) disclosed on Wednesday that it sold a 320 unit apartment property in Tucson, Arizona, for USD33.6m the same day.
IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Independence Realty Trust Sells 320 Unit Apartment Property in Tucson, Arizona for $33.6 Million
BusinessWire - Tue Dec 22, 3:10PM CST
Independence Realty Trust, Inc. (NYSE MKT: IRT) ("IRT"
today announced that on December 22, 2015 IRT sold a 320 unit apartment property located in Tucson, Arizona for $33.6 million. IRT received net cash proceeds of approximately $14.2 million, after transaction costs and full repayment of the debt underlying the property. The property, built in 1995, generated $1.9 million of net operating income over the 12 months preceding the sale. IRT will utilize the net cash proceeds to reduce its outstanding indebtedness and for general corporate purposes. IRT: 7.66 (-0.05), RAS: 3.07 (-0.12)
Why RAIT Financial Trust Real Estate Trust Jumped Today
Jordan Wathen, The Motley Fool - Motley Fool - Tue Dec 15, 2:26PM CST
What: Shares of RAIT Financial Trust Real Estate Trust are on the move, rising by 10.6% at 2:40 p.m. EST. So what: Fresh Form 4 filings hit the SEC after market close on Monday, which revealed insider purchase of RAIT common and preferred...
RAS: 3.07 (-0.12)
Stock to Watch: RAIT Financial Trust Down 6.8% (RAS)
Comtex SmarTrend(R) - Mon Dec 14, 11:39AM CST
RAIT Financial Trust (NYSE:RAS) is one of today's worst performing low-priced stocks, down 6.8% to $2.32 on 1.9x average daily volume. Thus far today, RAIT Financial Trust has traded 1.7 million shares, vs. average volume of 885,000 shares per day. The stock has underperformed the Dow (-6.8% to the Dow's 0.2%) and underperformed the S&P 500 (-6.8% to the S&P's 0.0%) during today's trading.
RAS: 3.07 (-0.12)
Downgrade Alert for RAIT Financial Trust (RAS)
Comtex SmarTrend(R) - Fri Dec 11, 7:05AM CST
RAIT Financial Trust (NYSE:RAS) was downgraded from Buy to Neutral at Compass Point today. The stock closed yesterday at $2.63 on volume of 2.8 million shares, above average daily volume of 809,000. RAIT Financial Trust has overhead space with shares priced $2.63, or 62.2% below the average consensus analyst price target of $6.95. RAIT Financial Trust shares should first meet resistance at the 50-day moving average (MA) of $4.68 and find additional resistance at the 200-day MA of $5.79.
RAS: 3.07 (-0.12)
