April 4, 2017 / 8:26 PM / 6 months ago

BRIEF-RAIT Financial sells six properties for $95 mln in Q1

April 4 (Reuters) - RAIT Financial Trust

* RAIT Financial Trust sells six properties for $95.0 million in first quarter 2017

* RAIT Financial Trust - RAIT expects to recognize an aggregate gain of approximately $8.9 million associated with sales

* RAIT Financial Trust - RAIT used approximately $88.1 million of gross proceeds to pay transaction costs and to repay related indebtedness Source text for Eikon: Further company coverage:

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