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	<title>Stock Blog Hub &#187; Resource America Inc</title>
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		<title>(RSO) Resource Capital REIT to Issue 7.5 Million Shares</title>
		<link>http://www.stockbloghub.com/2010/05/20/rso-resource-capital-reit-to-issue-7-5-million-shares/37779</link>
		<comments>http://www.stockbloghub.com/2010/05/20/rso-resource-capital-reit-to-issue-7-5-million-shares/37779#comments</comments>
		<pubDate>Thu, 20 May 2010 16:22:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Retail]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Resource America Inc]]></category>
		<category><![CDATA[Resource Capital Corporation]]></category>
		<category><![CDATA[REXI]]></category>
		<category><![CDATA[RSO]]></category>

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		<description><![CDATA[Resource Capital Corp. (RSO), a real estate investment trust (REIT) that invests in commercial real estate debt and other commercial finance assets, has recently announced plans to offer 7.5 million common shares at $5.25 each to raise cash. The company will also grant the underwriters an option to purchase an additional 1.1 million shares to cover any over-allotments. Deutsche Bank Securities Inc., a part of Deutsche Bank (DB) and J.P. Morgan Securities Inc., a part of JPMorgan Chase &#38; Company (JPM) are acting as joint book-running managers for the public offering. Resource Capital is currently in a defensive mode as it tries to weather the turmoil in the credit markets and the downturn in commercial real estate. The company expects to raise total proceeds (after the underwriting discount but before ]]></description>
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