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RAIT Financial Trust (ticker:RAS)(a REIT) has priced a senior note offering at 7.125%.This issue holds some interest to us as it has a maturity date of 8/30/2019 and this shorter maturity is attractive.  When (if) interest rates finally start to rise this issue should have less volitility than a debt issue with maturity dates that are 20, 30 or 40…

August 13, 2014 - 4:05 pm  Gramercy Property Trust (ticker:GPT) (a REIT) has priced a cumulative redeemable preferred offering.  Of course the issue is a perpetual issue and as such we have no interest at this point in time.There are 3,500,000 shares in the offering and it has been priced at 7.125%.  The shares will begin trading on the OTC grey…

Date Issued  Estimate  8/19/2014Shares Issued  2,800,000     Overallotment Shares   420,000S&P Rating   NR    Moodys Rating   NRSecurity Ticker Symbol   RFTAMarket Traded ON   NYSEInterest Payment Paid on the Last Day of February, May, August and November beginning on 11/30/2014Quarterly Interest   .445   Annual Interest   1.781Securities may be redeemed, at the issuers option, as early as 8/30/2017  the call price is $25…

Date of Issue    8/12/2014Shares Offered   3,500,000       Overallotment Shares  NoneS&P Rating   NR   Moodys Rating   NRSecurity Ticker Symbol   GPT-B   OTC Temp Ticker   GTPTPMarket Traded ON   NYSEDividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2014Quarterly Dividend   .445   Annual Dividend   1.781Securities may be redeemed, at the issuers…