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Opinion Letter

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Title:

Opinion Letter

Entities:

RAIT Investment Trust; Ledgewood Law Firm

Date:

2001

Size:

Preview shows 1KB of 4KB total

Price:

$32

ID:

#265714

► Legal ► Opinion Letters ► Opinion Letters Re: Registration Statements
► Real Estate
► Services ► Legal

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                                                September 13, 2001







RAIT Investment Trust

1818 Market Street

Philadelphia, PA  19103



Ladies and Gentlemen:



     We have acted as counsel to RAIT Investment Trust, a Maryland real estate

investment trust (the "Company"), in connection with the preparation of a Form

S-3 registration statement (the "Registration Statement"), filed with the

Securities and Exchange Commission, with respect to the offering and sale (the

"Offering") of up to 1,000,000 common shares of beneficial interest, par value

$0.01 per share of the Company (the "Common Shares"). You have requested our

opinion regarding certain U.S. federal income tax matters in connection with the

Offering.



     In giving this opinion letter, we have examined the following:

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