Профиль Resource America Inc (formerly Resource Exploration Inc)Shs -A-
Resource America is an asset management company that evaluates, originates, services, and manages investment opportunities through its real estate, commercial finance, and financial fund management subsidiaries. The company develops investment funds for outside investors and provides asset management services under long-term management arrangements. It maintains an investment in the funds it sponsors. In Resource Americaâ€™s real estate operations, it concentrates on the ownership, operation, and management of multifamily and commercial real estate, and real estate mortgage loans including whole mortgage loans; first priority interests in commercial mortgage loans, known as A notes; subordinated interests in first mortgage loans, known as B notes; mezzanine loans; investments in discounted and distressed real estate loans; and investments in value-added properties. In the companyâ€™s commercial finance operations, it focuses on originating small- and middle-ticket equipment leases and commercial loans secured by business-essential equipment including technology, commercial, and industrial equipment; and medical equipment. In its financial fund management operations, it concentrates on trust-preferred securities of banks, bank holding companies, insurance companies, and other financial companies; bank loans; and asset-backed securities (ABS). Founded in 1966, Resource America is based in Philadelphia, New York.