RAIT Financial Trust (fka RASFQ)

[kex0414]

RAIT continues making progress reducing its commercial property portfolio as part of its strategic transition to concentrate primarily on its commercial lending business
PHILADELPHIA--(BUSINESS WIRE)-- RAIT Financial Trust (RAS) (NYSE: RAS) (“RAIT”) today announced that it has completed sales of five properties for an aggregate purchase price of approximately $110.4 million and divested an additional two properties with an aggregate net carrying value of approximately $14.3 million during the fourth quarter of 2017.

Ooooops. Looks like this "POS" is advancing on its plan to divest.
complete article below:
BusinessWire