Lument Finance Trust

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. It primarily invests in transitional floating rate commercial mortgage and other CRE-related investments such as preferred equity, commercial mortgage-backed securities, mezzanine, fixed rate, and construction loans and, other CRE debt instruments. The company was founded on March 28, 2012 and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2022

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Lument Finance Trust reports steady Q4 performance amidst market challenges

Lument Finance Trust's Q4 performance showed steady financial results and dividend consistency.
While facing challenges from economic uncertainties, the company is well-positioned with a focus on rent growth.
Opportunities lie in the company's investment return profile, minimal exposure to risky assets, and growth potential in workforce housing.

Lument Finance Trust (LFT) reports strong Q1 performance amidst market challenges

Lument Finance Trust (LFT) navigated the Q1 2023 market landscape effectively, leveraging its strong multifamily portfolio and focusing on strategic financing decisions. The company faces challenges from elevated expenses and inflationary pressures but has opportunities to optimize loan structures and capitalize on potential spread expansions.

Lument Finance Trust reports solid Q2 performance amidst market challenges

Lument Finance Trust (LFT) demonstrated solid financial performance in Q2 2023, with a focus on active asset management and strategic financing transactions.
While facing challenges such as loan payoffs and economic uncertainties, LFT remains optimistic about the multifamily sector and is actively managing risks.
The company's strengths lie in its strong financial position, successful loan transitions to SOFR, and proactive engagement with sponsors.
Opportunities for LFT include potential earnings growth, dividend adjustments, and leveraging market opportunities for portfolio enhancement.

Lument Finance Trust reports strong Q3 earnings amidst real estate challenges

Lument Finance Trust (LFT) delivered solid financial performance in Q3 2023, with notable increases in net income and loan portfolio.
Despite challenges in the real estate market, LFT's strategic positioning and risk management remain strong.
The company's focus on long-term liabilities and investment strategy sets a positive outlook for future growth and opportunities.

Lument Finance Trust reports solid Q4 performance amidst market challenges

Lument Finance Trust (LFT) delivered strong financial results in Q4 2023, showcasing resilience and expertise in real estate finance.
While facing challenges in the multifamily market, LFT remains committed to its investment strategy and effective risk management practices.
The company's discussions around buybacks, dividend increases, and investment opportunities reflect a strategic approach to balancing growth and shareholder value.

Lument Finance Trust reports resilient earnings amidst industry challenges

Lument Finance Trust (LFT) showcased financial resilience with positive earnings amidst industry challenges.
Strategic portfolio management and increased cash liquidity position LFT for future opportunities.
Navigating challenges in the lending environment, LFT remains focused on middle-market multifamily credit for growth.

Lument Finance Trust reports stable earnings, eyes growth opportunities

Lument Finance Trust reported solid financial performance in Q2 2024, with increased dividends and stable earnings per share.
While facing challenges in credit quality and market distress, the company maintains a focus on proactive financing and liquidity management.
Opportunities for growth lie in exploring new transactions, optimizing financing strategies, and capitalizing on market opportunities.

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NEW YORK, June 14, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced the closing of LMNT 2021-FL1, a $1 billion on-balance sheet commercial real estate collateralized loan obligation ("LMNT 2021-FL1" or the "Securitization"). The Company expects to redeem Hunt CRE 2017-FL1 and Hunt CRE 2018-FL2, its two existing CRE CLOs, in conjunction with the transaction.

Lument Finance Trust, Inc. Announces Closing of $1 Billion CRE CLO

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Lument Finance Trust, Inc. (LFT) CEO James Flynn on Q1 2021 Results - Earnings Call Transcript

NEW YORK, May 6, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the Securities and Exchange Commission on May 10, 2021, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, May 11, 2021 at 8:30 a.m. Eastern Time.

Lument Finance Trust Announces First Quarter Earnings Release and Investor Call Dates

NEW YORK, May 5, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) (the "Company") announced today that it has closed its underwritten public offering of 2,400,000 shares of its newly designated 7.875% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock") at a public offering price of $25.00 per share. The Company received approximately $58.1 million of net proceeds from the offering after deducting the underwriting discount but before estimated offering expenses payable by the Company.

Lument Finance Trust, Inc. Announces Closing of Public Offering of Series A Cumulative Redeemable Preferred Stock

NEW YORK, April 29, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced that it priced an underwritten public offering of an aggregate of 2,400,000 shares of its newly designated 7.875% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") at a public offering price of $25.00 per share, for net proceeds of approximately $58.1 million, after the underwriting discount but before estimated offering expenses payable by the Company. The offering is expected to close on May 5, 2021, subject to customary closing conditions.

Lument Finance Trust Announces Pricing of Public Offering of Series A Cumulative Redeemable Preferred Stock

NEW YORK, April 26, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("LFT" or the "Company") today announced the launch of an underwritten public offering of shares of its Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") with a $25.00 per share liquidation preference. LFT expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock.

Lument Finance Trust Announces Launch Of Public Offering Of Series A Cumulative Redeemable Preferred Stock

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NEW YORK, March 15, 2021 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or the "Company") today reported its fourth quarter and full year 2020 results.  Net income for the fourth quarter was $2.5 million, or $0.10 per share, and for the full year was $8.4 million, or $0.34 per share.

Lument Finance Trust Reports 2020 Results and Declares Quarterly Dividend

News for Lument Finance Trust Stock (LFT)