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April 13, 2018  

The Grapevine

Two more senior managing directors have left troubled RAIT Financial, which shuttered its lending operation in February. As co-heads of securitization, Tony Butler and Greg Laughton worked on developing and structuring deals for the Philadelphia REIT’s commercial real estate CLOs and its former conduit-lending operation. Their last day was a week ago. Based in Charlotte, they reported to former chief executive Scott Davidson, who left RAIT...

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