Who owns RAIT Financial Trust?

Fortress Investment Group

Founded August 1997
Headquarters 130 West 42nd Street, New York City, United States
Owner Fortress Investment Group
Website www.rait.com

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Additionally, what happened to RAIT Financial Trust?

RAIT Financial Trust, which is based in Philadelphia, said it expects funds to be available to unsecured creditors. RAIT Financial Trust has filed for chapter 11 bankruptcy and said it plans to sell its assets to a buyer affiliated with Fortress Investment Group LLC for $174.4 million.

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