Resource America, Inc.

Sector: Real Estate Agents And Managers Region: PA, United States

Exchange/Ticker: Nasdaq: REXI

Company Description

Resource America, Inc. operates as an asset management company with businesses in the financial services, real estate and equipment leasing sectors. It operates in three segments: Real Estate, Financial Fund Management and Commercial Finance. The Real Estate segment focuses on acquiring and managing multifamily assets to acquiring and managing a diversified portfolio of commercial real estate and real estate related debt that has been significantly discounted due to the effects of the economic events and high levels of leverage. The Financial Fund Management segment concentrates on trust preferred securities of banks, bank holding companies, insurance companies, bank loans, asset-backed securities and other financial companies. The Commercial Finance segment focuses on originating small and middle-ticket equipment leases and commercial loans secured by business-essential equipment, including technology, commercial and industrial equipment and medical equipment. Resource America was founded in 1966 and is headquartered in Philadelphia, PA.

Similar to: Kungsleden AB, Helical Bar Plc, FirstService Corp.

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