FBR Capital Downgrades Resource Capital Corp (RSO) to Market Perform

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Resource Capital (RSO) Reports Q3 FFO of $0.42; Non-CRE Businesses Being Reported as Discontinued Operations

November 14, 2016 6:38 AM EST

Resource Capital (NYSE: RSO) reported Q3 FFO of $0.42, versus $0.44 reported last year.

On September 8, 2016, Resource America, Inc., the parent company of Resource Capital Corp.'s ("RSO" or the "Company") external manager, was acquired by C-III Capital Partners LLC ("C-III"), a leading commercial real estate investment management and services company engaged in a broad range of activities.... More