[RCC LETTERHEAD] May 19, 2006 VIA FACSIMILE (202) 772-9209 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20649-0308 Attention: Jennifer Gowetsky Re: Resource Capital Corp. Registration No.: 333-132836 Dear Ms. Gowetsky: Resource Capital Corp. hereby requests acceleration of the effective date of the above-referenced registration statement to Tuesday, May 23, 2006 at 4:00 p.m., or as soon as practicable thereafter. Please notify our counsel, Mark E. Rosenstein, at 215-731-9450 of the time of effectiveness. In making this request, the registrants hereby acknowledge: o should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing; o the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the registrants from their full responsibility for the adequacy and accuracy of the disclosure in the filing; and o the registrants may not assert the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Sincerely yours, RESOURCE CAPITAL CORP. /s/ Thomas C. Elliott ----------------------------------------- Thomas C. Elliott Chief Financial Officer, Chief Accounting Officer and Treasurer