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RAIT's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stocks in this article: RAS

RAIT Financial Trust (RAS)

Q1 2012 Earnings Call

May 3, 2012 9:30 a.m. ET

Executives

Scott Schaeffer - CEO

Jack Salmon - CFO

Andres Viroslav - Director Corporate Communications

Analysts

Jason Stewart - Compass Point

Brian Gonick - Sunvest Capital

Presentation

Operator



Good day, ladies and gentlemen, and welcome to the First Quarter 2012 RAIT Financial Trust Earnings Conference Call. My name is Jasmine, and I'll be your coordinator for today. (Operator Instructions)

I would now like to turn the presentation over to your host for today's conference, Mr. Andres Viroslav, Director of Corporate Communications. You may proceed.

Andres Viroslav

Thank you, Jasmine, and good morning to everyone. Thank you for joining us today to review RAIT Financial Trust’s first quarter 2012 financial results. On the call with me today are Scott Schaeffer, Chief Executive Officer, and Jack Salmon, RAIT’s Chief Financial Officer.

This morning’s call is being webcast on our website at www.raitft.com. There will be a replay of the call available via webcast on our website and telephonically beginning at approximately 11:30 AM Eastern Time today. The dial-in for the replay is 888-286-8010, with a confirmation code of 20606750.

Before I turn the call over to Scott, I would like to remind everyone that there may be forward-looking statements made in this call. These forward-looking statements reflect RAIT’s current views with respect to future events and financial performance. Actual results could differ substantially and materially from what RAIT has projected. Such statements are made in good faith pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Please refer to RAIT’s press release and filings with the SEC for factors that could affect the accuracy of our expectations or cause our future results to differ materially from those expectations.

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