Filed pursuant to Rule 424(b)(3)
Registration File No. 333-186111

REALTY FINANCE TRUST, INC.
SUPPLEMENT NO. 5, DATED AUGUST 5, 2015,
TO THE PROSPECTUS, DATED APRIL 30, 2015

This prospectus supplement, or this Supplement No. 5, is part of the prospectus of Realty Finance Trust, Inc., or the Company, dated April 30, 2015, or the Prospectus, as supplemented by Supplement No. 4, dated July 20, 2015, or Supplement No. 4. This Supplement No. 5 supplements, modifies or supersedes certain information contained in the Prospectus and Supplement No. 4 and should be read in conjunction with the Prospectus and Supplement No. 4. This Supplement No. 5 will be delivered with the Prospectus and Supplement No. 4. Unless the context suggests otherwise, the terms “we,” “us” and “our” used herein refer to the Company, together with its consolidated subsidiaries.

The purposes of this Supplement No. 5 are to:

•

update disclosure relating to the experience of our investment team;

•

update disclosures relating to RCAP’s retail advice platform;

•

replace Appendix C-1 of the Prospectus, our Subscription Agreement; and

•

replace Appendix C-2 of the Prospectus, our Multi-Offering Subscription Agreement.

PROSPECTUS UPDATES

Prospectus Summary

The following disclosure is hereby added as the last sentence of the paragraph under the question “What is the experience of your investment team?” on page 2 of the Prospectus.

“Our chief executive officer, chief investment officer and senior vice president and head of originations have originated, in the aggregate, approximately $40 billion of mortgages and other commercial real estate debt products through multiple channels over the past 20 years.”

Conflicts of Interest

The following disclosure hereby replaces the first sentence of the last paragraph under the subheading “Our Sponsor and its Affiliates” on page 105 of the Prospectus.

“RCAP, an entity under common control with the parent of our sponsor, has assembled a retail advice platform consisting of the Cetera Financial Group, Summit Brokerage, Investors Capital, First Allied, The Legend Group, Girard Securities, VSR Financial, and J.P. Turner & Company.”

Subscription Agreement

The form of subscription agreement contained in Appendix C-1 of the Prospectus is hereby replaced with the revised form of subscription agreement attached to this Supplement No. 5 as Appendix C-1. The revised form of subscription agreement supersedes and replaces the form of subscription agreement contained in the Prospectus.

Multi-Offering Subscription Agreement

The form of multi-offering subscription agreement contained in Appendix C-2 of the Prospectus is hereby replaced with the revised form of multi-offering subscription agreement attached to this Supplement No. 5 as Appendix C-2-A, and the form of investor instructions attached to this Supplement No, 5 as Appendix C-2-B. The revised form of multi-offering subscription agreement and form of investor instructions supersede and replace the form of multi-offering subscription agreement contained in the Prospectus.

S-1