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RAIT Financial Trust Declares Second Quarter 2014 Preferred Dividends

May 13, 2014

PHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (NYSE: RAS) (ďRAITĒ) announced that on May 13, 2014, RAITís Board of Trustees declared a second quarter 2014 cash dividend of $0.484375 per share on RAITís 7.75% Series A Cumulative Redeemable Preferred Shares, $0.5234375 per share on RAITís 8.375% Series B Cumulative Redeemable Preferred Shares and $0.5546875 per share on RAITís 8.875% Series C Cumulative Redeemable Preferred Shares. The dividends will be paid on June 30, 2014 to holders of record on June 2, 2014.

About RAIT Financial Trust

RAIT Financial Trust is an internally-managed real estate investment trust that provides debt financing options to owners of commercial real estate and invests directly into commercial real estate properties located throughout the United States. In addition, RAIT is an asset and property manager of real estate-related assets. For more information, please visit or call Investor Relations at 215.243.9000.

RAIT Financial Trust

Andres Viroslav, 215-243-9000

Source: RAIT Financial Trust

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Source: Business Wire