Lument Finance Trust, Inc. functions as a real estate investment trust (REIT) with a core business centered on acquiring, financing, and managing a diverse portfolio of commercial real estate (CRE) debt investments throughout the United States. The company's primary focus lies in transitional floating-rate commercial mortgage loans, particularly those secured by middle-market multi-family assets. Beyond these, it also strategically invests in a variety of other CRE-related debt products, including mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), fixed-rate loans, and construction financing. As a formally qualified REIT under the Internal Revenue Code of 1986, Lument Finance Trust, Inc. benefits from a significant tax advantage: it is exempt from federal income taxes provided it distributes at least 90% of its taxable earnings to its shareholders. The firm underwent a name change in December 2020, having previously been known as Hunt Companies Finance Trust, Inc. Incorporated in 2012, its corporate headquarters are situated in New York, New York.
Sector: Real Estate Investment Trusts
Industry: REIT - Mortgage
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based on 5.26M shares outstanding
USLument Finance Trust, Inc., a real estate investment trust, focuses on investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States.
The company primarily invests in transitional floating rate commercial mortgage loans on middle market multi-family assets; and other CRE -related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans, and other CRE debt instruments. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders.
The company was formerly known as Hunt Companies Finance Trust, Inc. and changed its name to Lument Finance Trust, Inc. in December 2020. Lument Finance Trust, Inc. was incorporated in 2012 and is headquartered in New York, New York.
James P. Flynn
Chairman of the Board and Chief Executive Officer
Marie D. Reynolds
Director
Brendan Gover
Vice President of Investor Relations
Greg D. Calvert
President
Employees
600
Country
US
Sector
Real Estate
Website
lumentfinancetrust.com
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based on 5.26M shares outstanding
US30d Avg
35.78K
60d Avg
27.18K
90d Avg
26.56K
