RAIT Financial Trust (RAS +1.8%) gains after announcing it's entered into a new $150M facility...

|About: RAIT Financial Trust (RAS)|By:, SA News Editor

RAIT Financial Trust (RAS +1.8%) gains after announcing it's entered into a new $150M facility with Barclays Capital. The company intends to use the facility to finance Commercial Backed Mortgage Securities and eligible commercial real estate loans.