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Resource Capital CEO Discusses Q2 2011 Results - Earnings Call Transcript

Stocks in this article: RSO

Resource Capital Corp. ( RSO)

Q2 2011 Earnings Call

August 2, 2011 8:30 am ET

Executives

Jonathan Cohen – President and CEO

Purvi Kamdar – Director, IR

David Bloom – SVP, Real Estate Lending

David Bryant – CFO

Christopher Allen – SVP, Commercial Real Estate

Analysts

Steve Delaney – JMP Securities

Lee Cooperman – Omega Advisors

Jack [ph] – FBR

Presentation

Operator

Good day ladies and gentlemen and welcome to the second quarter 2011 Resource Capital Corporation Earnings Conference Call. My name is Janeida [ph], and I will be your operator for today. (Operator instructions) I would now like to turn the conference over your host for today, Mr. Jonathan Cohen, President and CEO. Please proceed.

Jonathan Cohen

Thank you for joining the Resource Capital Corp conference call for the second quarter ended June 30, 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 believes, anticipates, expects 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 on forms 8-K, 10-Q and 10-K, and in particular item 1-A on the form 10-K report under the title Risk Factors. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The 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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