*DJ S&PGR Wthdrws RAIT Financial Trust Commercial Servicer Rnkgs

(MORE TO FOLLOW) Dow Jones Newswires

January 08, 2020 18:20 ET (23:20 GMT)

Press Release: S&PGR Wthdrws RAIT Financial Trust Commercial Servicer Rnkgs

The following is a press release from S&P Global Ratings:

NEW YORK (S&P Global Ratings) Jan. 8, 2020--S&P Global Ratings today withdrew
its overall BELOW AVERAGE rankings on RAIT Financial Trust (RAIT) as a
commercial mortgage loan primary and special servicer.

The withdrawals follow the sale of RAIT's servicing operations, including its
servicing portfolios, which was completed on Dec. 23, 2019.

RELATED RESEARCH
-- Analytical Approach: Global Servicer Evaluations Rankings, Jan. 7, 2019
-- Servicer Evaluation: RAIT Financial Trust, Sep. 7, 2018

Primary Credit Analyst: Standard & Poor's, New York
Servicer Analyst: Geoffrey C Danek, Centennial (1) 303-721-4689;
Geoffrey.Danek@spglobal.com
Secondary Contact: Steven Altman, New York (1) 212-438-5042;
steven.altman@spglobal.com
Analytical Manager, Servicer Evaluations: Robert J Radziul, New York (1) 212-438-1051;
robert.radziul@spglobal.com


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(END) Dow Jones Newswires

January 08, 2020 18:20 ET (23:20 GMT)