Highland Capital Presentation on RAIT Financial

On February 8, 2017, NexPoint Real Estate Advisors, LP, an affiliate of Highland Capital, sent a slide deck presentation (the “Presentation”) to the board of trustees of the Issuer. The Presentation provides additional information on the plans or proposals disclosed in earlier amendments to the Schedule 13D, and also contained in letters delivered to Mr. Michael J. Malter, the Chairman of the board of trustees of the Issuer, and filed as exhibits to earlier amendment to the Schedule 13D.

The foregoing description of the Presentation is qualified in its entirety by reference to the full version of the Presentation attached hereto as Exhibit 99.1 and incorporated herein by reference.




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