FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person * COOPERMAN LEON G   2. Issuer Name and Ticker or Trading Symbol Resource Capital Corp. [RSO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 88 PINE STREET, WALL ST PLAZA 31ST FLOOR 3. Date of Earliest Transaction (Month/Day/Year) 06/12/2006 (Street) NEW YORK, NY 10005 4. If Amendment, Date Original Filed(Month/Day/Year) 06/14/2006 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Commom Stock 06/12/2006   P   11,500 A $ 12.15 886,867 I By Managed Accounts (1) Common Stock 06/13/2006   P   19,400 A $ 12 906,267 I By managed accounts (1) Common Stock 06/12/2006   P   9,800 A $ 12.15 31,000 I As investment advisor to Omega Overseas (1) Common Stock 06/13/2006   P   21,600 A $ 12 52,600 I As investment advisor to Omega Overseas (1) Common Stock               1,222,300 I As controlling Partner of limited partnerships (2) Common Stock               150,000 I As Trustee of charitable foundation (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
COOPERMAN LEON G 88 PINE STREET WALL ST PLAZA 31ST FLOOR NEW YORK, NY 10005		X

Signatures

Alan M. Stark as attorney for Leon G. Cooperman, Power of Attorney on file		07/26/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The securities reported are held in accounts of an unregistersed investment entity over which the Reporting Personhas investment discretion by virtue of being the the controlling shareholder of the investment advisor of said accounts. The Reporting person has a pecuniary interest limited to his interest therein and his share of the incentive allocation attributable thereto.
(2)	The securities reported are held in an account of unregistered investment entities over which the Reporting Person has investment discretion by virtue of being the general partner or controlling shareholder of said entities. The Reporting Person has a pecuniary interest limited to his interest therein and his share of the incentive allocation attributable thereto.
(3)	The securities reported are owned by the Leon and Toby Cooperman Foundation, a charitable trust of which Mr. Cooperman is a Trustee. Mr Cooperman disclaims beneficial ownership of the securities.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.