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RAIT Financial Trust Assigned Commercial Mortgage Primary and Special Servicer Rankings by Morningstar Credit Ratings, LLC.

PHILADELPHIA -- RAIT Financial Trust ("RAIT") (NYSE: RAS) is pleased to announce that Morningstar Credit Ratings, LLC ("Morningstar") has assigned RAIT a "MOR CS3" ranking as a commercial mortgage primary servicer and a "MOR CS3" ranking as a commercial mortgage special servicer. The assigned rankings reflect Morningstar's assessment of RAIT's operational infrastructure and portfolio administration capabilities for its respective duties as a primary and special servicer.

Scott Schaeffer, RAIT's Chairman and CEO, said, "RAIT continues to expand its presence in the growing CMBS market. Securing the Morningstar rankings validates the accomplishment of our servicing group and is another important milestone for RAIT."

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.
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Publication:Business Wire
Geographic Code:1U2PA
Date:Dec 2, 2011
Words:229
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