Resource America, Inc. (REXI)
Resource America is an asset management company that evaluate, originate, service and manage investment opportunities through its real estate, financial fund management and commercial finance subsidiaries as well as its joint ventures. As an asset manager, Co. seeks to develop investment funds for outside investors for which it provides asset management services, typically under long-term management arrangements. Co. limits its fund development and management services to asset classes where Co. owns existing operating companies or have specific capabilities. As of Dec 31 2015, Co. had $21.7 billion of assets under management.
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March 29, 2024 10:48 AM Eastern
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