Resource Capital Corp.New York, NY, United States (NYSE: RSO)

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Resource Capital Company Description

Resource Capital is looking to pump some capital into real estate resources. The real estate investment trust (REIT) was launched in 2005 to invest in commercial and residential real estate-related securities, and to a lesser extent, commercial finance assets such as syndicated bank loans and equipment leases. Residential mortgage-backed securities account for about half of the REIT's portfolio, although the company intends to continue to diversify its holdings. The company's investments are managed by Resource Capital Manager, a subsidiary of Resource America.

View the Comprehensive Company Description for Resource Capital

The Company Description provides a historical perspective of Resource Capital's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Resource Capital's evolution in the marketplace.

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