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RAIT Financial Trust's CEO Discusses Q2 2012 Results - Earnings Call Transcript

RAIT Financial Trust (RAS)

Q2 2012 Earnings Call

July 26, 2012 9:00 AM ET

Executives

Andres Viroslav – VP, Director, Corporate Communications

Scott Schaeffer – CEO

Jim Sebra – CFO

Analysts

Gabe Poggi – FBR

Jason Stewart – Compass Point

Brian Gonick – Sunvest

Presentation

Operator

Good day ladies and gentlemen and welcome to the Second Quarter 2012 RAIT Financial Trust Earnings Conference Call. My name is Ann and I will be your coordinator for today’s call.

As a reminder, this conference is being recorded for replay purposed. At this time all participants are in listen-only mode. If you require assistance at any time during the call, please press star followed by zero and an operator will be very happy to assist you.

We will be facilitating a question-and-answer session following the presentation. I would now like to turn the presentation over to your host for today’s call, Mr. Andres Viroslav, Vice President, Director, Corporate Communications. Please proceed, sir.

Andres Viroslav

Thanks and good morning to everyone. Thank you for joining us today to our RAIT Financial Trust second quarter 2012 financial results. On the call with me today are Scott Schaeffer, Chief Executive Officer and Jim Sebra, RAIT’s Chief Financial Officer.

This morning 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 11.00 am Eastern Time today. The dial in for the replay is 888-286-8010 with a confirmation code of 431-317-37.

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