RAIT Financial Trust
RAIT Financial Trust is a real estate fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Oct 29, 2012, it has sold $20,000,000 of interests to 1 investor since its first sale in Oct 2012. The minimum investment it accepts from an outside investor is $5,000,000. Related persons named in the filing include Scott Schaeffer; Edward Brown; Frank Farnesi.
- Total raised
- $20,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 17, 2012
- Minimum investment
- $5,000,000
- Who can invest
- Not stated
- Offering exemption
- Other exemption
- Key people and entities
- Scott Schaeffer; Edward Brown; Frank Farnesi
- Latest Form D
- Oct 29, 2012
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about RAIT Financial Trust
What is the minimum investment for RAIT Financial Trust?
According to its latest Form D, filed Oct 29, 2012, the minimum investment RAIT Financial Trust accepts from an outside investor is $5,000,000.
Who can invest in RAIT Financial Trust?
RAIT Financial Trust is generally open only to investors who meet the eligibility rules in its offering documents.
How much has RAIT Financial Trust raised?
RAIT Financial Trust reports $20,000,000 sold from 1 investor on its Form D filed Oct 29, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is RAIT Financial Trust based?
RAIT Financial Trust is based in Philadelphia, Pennsylvania.
When did RAIT Financial Trust launch?
RAIT Financial Trust reports its first sale in Oct 2012.
Size compared with every real estate fund
Raised more than 90% of the 192 real estate funds based in Pennsylvania, and more than 87% of all 7,321 that report sales.