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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045425	Rait Financial Trust	RAS	Real Estate Investment Trusts (6798)	232919819

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1168754	Z Betsy Cohen	C/O Rait Financial Trust Cira Centre, 2929 Arch St., 17Th Fl. Philadelphia PA 19104		No	No	No	Yes

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares Of Beneficial Interest	Acquisiton	2010-03-03	10,000	$1.52	303,505	No	4	P	Indirect	By Solomon Investment Partnership, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Solomon Investment Partnership, L.P.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares Of Beneficial Interest	593,487	Direct
Common Shares Of Beneficial Interest	14,475	Indirect	By 401(k) plan
Common Shares Of Beneficial Interest	151,200	Indirect	By IRA f/b/o spouse

Footnotes

The reporting person and her spouse are the sole shareholders, officers and directors of the corporate general partner of Solomon Investment Partnership, L.P., a limited partnership, and are the sole limited partners of this partnership.
This amount includes 290,000 common shares underlying the equivalent number of phantom units. This amount excludes 126,801 common shares held by a charitable foundation of which the reporting person serves as trustee because the reporting person has no pecuniary interest in those Common Shares and the reporting person disclaims beneficial ownership in those Common Shares.