Betsy Z. Cohen to Speak At 13th Annual Financial Services Conference Presented by U.S. Bancorp Piper Jaffray; Cohen, CEO of RAIT Investment Trust, Will Discuss REIT Performance.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Oct. 18, 2001 RAIT RAIT Redundant Array of Inexpensive Tapes RAIT Radioiodine Therapy RAIT Ram Rao Adik Institute Of Technology RAIT Request and Authorization for In-scope Tasking RAIT Rdma Applications Implementations and Technologies posts 94.5% total return to shareholders for period 1/09/98-10/15/01 Betsy Z. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Philadelphia-based RAIT Investment Trust (AMEX AMEX See: American Stock Exchange :RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. ), will participate as a presenter in U.S. Bancorp Piper Jaffray's upcoming 13th Annual Financial Services Conference. The two-day conference will be held November 6-7, 2001, at The Pierre Hotel in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and will showcase both large- and small-capitalization companies from the banking, specialty finance, and financial technologies service sectors. Mrs. Cohen will speak on November 7th at 8:00 am. Mrs. Cohen, who refers to RAIT Investment Trust as an "equity alternative," will discuss the real estate lending and investment strategies that have enabled the company to thrive in a volatile market, returning 94.5% to shareholders from RAIT's founding in January 1998 through October 15 2001. She will also examine RAIT's performance as compared to other REITs and investment indices. Betsy Z. Cohen has earned national and international recognition for her business acumen. As the founder and CEO of JeffBanks, Inc., Mrs. Cohen provided customized commercial loans to small and mid-sized real estate professionals for more than 25 years. For her outstanding record of corporate leadership, she has received numerous awards, including the 1997 Paradigm Award, where Pennsylvania Governor Tom Ridge made the keynote address in her honor. Also in 1997 the National Foundation for Women Business Owners Many online and offline organizations have been created to collect information about businesses around the world owned and operated by women. Many other organizations have been created to assist the women that own and operate those businesses. named Mrs. Cohen one of the 50 Leading Female Entrepreneurs of the World. Her expertise in complex real estate and financial transactions enables RAIT to provide an extraordinary level of specialized financing for the mid-sized real estate market. For information about the U.S. Bancorp Piper Jaffray Financial Services Conference, contact the information line at 1-800-333-6000 ext. 36074 or email conferences@pjc.com. About RAIT Investment Trust RAIT Investment Trust (AMEX:RAS) is a leading specialty finance company focused on the commercial real estate industry. RAIT provides structured financing to private and corporate owners of real estate nationwide, including senior and junior mortgage debt and mezzanine lending, and acquires real estate for its own account. RAIT, which is taxed as a real estate investment trust, seeks to deliver superior risk-adjusted returns on equity to shareholders by providing tailored and flexible financing products to its customers. For more information visit www.raitinvestmenttrust.com or call 215-861-7900. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding RAIT Investment Trust's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statement, see "Risk Factors" in the Company's Registration Statement and 2000 Form 10K filed with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion