RAIT Residential
Real EstateIllinois, United States51-200 Employees
RAIT Residential, based in Chicago, Illinois, operates in the real estate sector as a company that managed apartment communities previously under the umbrella of RAIT Financial Trust. The organization served as an operator for multi-family housing, with the properties ultimately returning to internal management by Independence Realty Trust in late 2016, indicating a shift in asset and property management arrangements. The firm historically focused on delivering property management services for rental communities, positioning itself within the larger apartment housing market in the United States. While the exact current scope and structure are not detailed here, the entity is identified as a real estate operator with a regional footprint in the Chicago area and personnel described within a moderate size range. RAIT Residential is connected to the broader real estate ecosystem, with contemporaries in the industry ranging from large diversified owners to regional operators, highlighting its place among peers that manage and maintain rental housing assets.
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