X0202 3/A 2006-12-11 2006-12-13 0 0001045425 RAIT Financial Trust RAS 0001219205 FARNESI FRANK C/O RAIT FINANCIAL TRUST CIRA CENTRE, 2929 ARCH ST., 17TH FL. PHILADELPHIA PA 19104 0 0 0 1 Trustee Common Shares of Beneficial Interest 156 D These shares were omitted from the reporting person's original Form 3, and also were omitted from two Form 4s filed by the reporting person after his original Form 3 was filed. Anders F. Laren, attorney-in-fact 2007-04-10