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Resource Capital's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Resource Capital Corporation ( RSO)

Q1 2011 Earnings Call

May 3, 2011 8:30 am ET

Executives

Jonathan Cohen – President & Chief Executive Officer

Purvi Kamdar – Director of Investor Relations

Dave Bloom – Senior Vice President of Real Estate Lending

David Bryant – Chief Financial Officer

Christopher Allen – Senior Vice President of Commercial Real Estate

Analysts

Steve Delaney – JMP Securities

Gabe Poggi - FBR Capital Markets

Presentation

Operator

Good day ladies and gentlemen and welcome to the Q1 2011 Resource Capital Corporation Earnings Conference Call. My name is Towanda and I will be your coordinator for today. (Operator instructions.) I would now like to turn the presentation over to Mr. Jonathan Cohen, President and CEO of Resource Capital Corp. Please proceed sir.

Jonathan Cohen

Thank you. Thank you for joining the Resource Capital Corp conference all for Q1 ended March 31 st 2011. I am Jonathan Cohen, President and CEO of Resource Capital Corp. Before I begin I would like to ask Purvi Kamdar, our Director of Investor Relations to read the safe harbor statement.

Purvi Kamdar

Thank you Jonathan. When used in this conference call, the words “believe, anticipate, expect” and similar expressions are intended to identify forward-looking statements. Although the company believes that these forward-looking statements are based on reasonable assumptions such statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from these contained in the forward-looking statements. These risks and uncertainties are discussed in the company’s report filed with the SEC including its reports in the form 8-K, 10-Q and 10-K and in particular item one on the form 10-K report under the title Risk Factors. This is a caution not to place undue reliance on these forward-looking statements which speak only as a (inaudible). This company undertakes no obligation to update any of these forward-looking statements. And with that I’ll turn it back to Jonathan.

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