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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 F27cy2C46FKDRmXLahQEpZsu+XoDkdbNarkKWA1s1YLvcbgCxztabJdWrWRv3yyd
 nybdiIrWceSH5JyToGL4Zw==

<SEC-DOCUMENT>0001209191-05-038024.txt : 20050721
<SEC-HEADER>0001209191-05-038024.hdr.sgml : 20050721
<ACCEPTANCE-DATETIME>20050721125654
ACCESSION NUMBER:		0001209191-05-038024
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050719
FILED AS OF DATE:		20050721
DATE AS OF CHANGE:		20050721

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RAIT INVESTMENT TRUST
		CENTRAL INDEX KEY:			0001045425
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				232919819
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1818 MARKET ST
		STREET 2:		28TH FL
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2155465119

	MAIL ADDRESS:	
		STREET 1:		1521 LOCUST ST
		STREET 2:		6TH FL
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE ASSET INVESTMENT TRUST
		DATE OF NAME CHANGE:	19970904

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MESZNIK JOEL
		CENTRAL INDEX KEY:			0001170823

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14760
		FILM NUMBER:		05965586

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2157356944

	MAIL ADDRESS:	
		STREET 1:		C/O RAIT INVESTMENT TRUST
		STREET 2:		28TH FLOOR 1818 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-07-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001045425</issuerCik>
        <issuerName>RAIT INVESTMENT TRUST</issuerName>
        <issuerTradingSymbol>RAS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001170823</rptOwnerCik>
            <rptOwnerName>MESZNIK JOEL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O RAIT PARTNERSHIP, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>1818 MARKET ST., 28TH FL.</rptOwnerStreet2>
            <rptOwnerCity>PHILADELPHIA</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19103</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Trustee</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares of Beneficial Interest</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>17948</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Includes 448 common shares of RAIT (&quot;Common Shares&quot;) underlying the equivalent number of phantom shares previously issued to the reporting person pursuant to the RAIT Investment Trust (&quot;RAIT&quot;) Phantom Share Plan.  These phantom shares were fully vested on the date of grant and were to be redeemed for cash within 45 days from the separation from service of the reporting person from RAIT's Board of Trustees.  On 7/19/2005, as permitted by the terms of the grant agreements for these phantom shares, RAIT's Compensation Committee provided that after such separation the reporting person's phantom shares will be redeemed by a distribution to the reporting person of an equivalent number of Common Shares in lieu of cash.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Joel R. Mesznik</signatureName>
        <signatureDate>2005-07-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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