Lument Finance Trust Inc
NYSE:LFT
Lument Finance Trust Inc
Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2013-03-22. The firm is focused on investing in, financing and managing a portfolio of commercial real estate (CRE) debt investments. The company primarily invests in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The firm also invest in other CRE-related investments including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. The company provides investment capital and asset management services to clients in the corporate, real estate and municipal finance sectors through subsidiaries of ORIX Corporation USA (ORIX USA). The firm is externally managed by OREC Investment Management, LLC. The firm finance its investments in transitional multifamily and other CRE loans primarily through match term non-recourse CRE collateralized loan obligations (CLOs).
Lument Finance Trust, Inc. operates as a real estate investment finance company, which engages in investing, financing, and managing a portfolio of commercial real estate (CRE) debt investments. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2013-03-22. The firm is focused on investing in, financing and managing a portfolio of commercial real estate (CRE) debt investments. The company primarily invests in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The firm also invest in other CRE-related investments including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. The company provides investment capital and asset management services to clients in the corporate, real estate and municipal finance sectors through subsidiaries of ORIX Corporation USA (ORIX USA). The firm is externally managed by OREC Investment Management, LLC. The firm finance its investments in transitional multifamily and other CRE loans primarily through match term non-recourse CRE collateralized loan obligations (CLOs).
Net Income: Lument Finance Trust reported third quarter 2025 net income of $0.01 per share, with distributable earnings of $0.02 per share.
Dividend: The company declared a quarterly dividend of $0.04 per common share for the third quarter.
Portfolio Management: Management said they have identified all known credit issues in the portfolio, with no expectation of further large downgrades unless market conditions worsen.
New Financing: Lument entered into a new repurchase agreement with JPMorgan for up to $450 million in advances, providing greater flexibility for portfolio management and growth.
Asset Quality: 7 loans remain risk-rated 5, all collateralized by multifamily properties, with about 10% of the portfolio in this highest risk category.
Portfolio Focus: The company remains focused on active asset management and capital preservation, but expects to deploy more capital and add new assets as market conditions stabilize.
Securitization Plans: Lument plans to redeem its 2021 CRE CLO notes and preferred shares, aiming to unlock equity and potentially return to the securitization market.