RAIT Financial Trust (NYSE: RAS) ("RAIT") announced today that it has posted its Quarterly Report on Form 10-Q (the "10-Q") for the period ending September 30, 2017 to its website. A copy of the 10-Q can be found in the "SEC Filings" section of RAIT's Investor Relations website or it can be viewed directly by clicking RAIT Q3 2017 10-Q.

While RAIT initiated the process to file the 10-Q with the Securities and Exchange Commission (the "SEC") prior to the submission deadline, due to processing issues, the submission was not timely completed. Therefore, RAIT filed the 10-Q with the SEC immediately after filing a Notification of Late Filing on Form 12b-25 with the SEC on November 9, 2017. Since Friday, November 10, 2017, is Veteran's Day, a Federal Holiday, and the SEC is closed, the filing will not be available on the SEC's website until Monday morning, November 13, 2017. As a result, RAIT decided to make the 10-Q available to its investors earlier on its website.

About RAIT Financial TrustRAIT 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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