RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its preliminary second quarter 2017 financial results before U.S. stock markets open on Thursday, August 3, 2017 and that it is rescheduling its previously announced investor conference call from Tuesday, August 8, 2017 at 9:00 a.m. Eastern time to Thursday, August 3, 2017 at 9:00 a.m. Eastern time. RAIT invites investors and other interested parties to listen to its preliminary results conference call on Thursday, August 3, 2017 at 9:00 a.m. Eastern time. RAIT expects to release its final second quarter 2017 financial results before U.S. stock markets open on Tuesday, August 8, 2017 and does not currently plan to hold a quarterly results conference call after that release.

All interested parties can access the live conference call webcast from the home page of the RAIT Financial Trust website at www.rait.com or by dialing 1.844.775.2541, access code 51242232. For those who are not available to listen to the live call, the replay will be available shortly following the live call on RAIT's website and telephonically until Thursday, August 10, 2017 by dialing 855.859.2056, access code 51242232.

About RAIT Financial Trust

RAIT Financial Trust is an internally-managed real estate investment trust focused on providing debt financing options to owners of commercial real estate throughout the United States. For more information, please visit www.rait.com or call Investor Relations at 215.207.2100.

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