Resource Asset Investment Trust Increases Six Month Funds From Operations -- 'FFO' -- 162%.

Business Wire (July 19, 1999)


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Resource Asset Investment Trust Increases Six Month Funds From Operations -- 'FFO' -- 162%.

PHILADELPHIA--(BUSINESS WIRE)--July 19, 1999--

Resource Asset Investment Trust ("RAIT")(AMEX:RAS), a company that provides specialized commercial mortgage loans to the mid-sized real estate market, reported funds from operations ("FFO") of $3.5 million or $0.57 per share (basic and diluted) for the sec...



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