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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,
 Sq7pp4vd4R+1gGXDh34mJ4Ii+InRP33qGzQMw9WMjdfjjeYgm94HWrwLiWmoqtdV
 cDEqhhiRp+svTpEmHd54oQ==

<SEC-DOCUMENT>9999999995-09-003325.txt : 20091201
<SEC-HEADER>9999999995-09-003325.hdr.sgml : 20091201
<ACCEPTANCE-DATETIME>20091201001523
ACCESSION NUMBER:		9999999995-09-003325
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20091130
DATE AS OF CHANGE:		20091201
EFFECTIVENESS DATE:		20091130

FILER:

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

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-162878
		FILM NUMBER:		091213487

	BUSINESS ADDRESS:	
		STREET 1:		1818 MARKET
		STREET 2:		28TH FL
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		2158617900

	MAIL ADDRESS:	
		STREET 1:		1818 MARKET
		STREET 2:		28TH FL
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RAIT INVESTMENT TRUST
		DATE OF NAME CHANGE:	20010227

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE ASSET INVESTMENT TRUST
		DATE OF NAME CHANGE:	19970904
</SEC-HEADER>
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<TYPE>EFFECT
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2009-11-30</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>17:00:00</finalEffectivenessDispTime>
        <form>S-4</form>
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            <cik>0001045425</cik>
            <entityName>RAIT Financial Trust</entityName>
            <fileNumber>333-162878</fileNumber>
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