Lument Finance Trust Inc (LFT) USD0.01
Sell:$2.67Buy:$2.68
$0.05
(1.90%)
- This stock can be held in a
Stocks and Shares ISA$0.05
(1.90%)$0.05
(1.90%)Company Information
About this company
Lument Finance Trust, Inc. is a real estate investment trust (REIT). The Company is focused on investing in, originating, financing and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests or originates in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The Company also invests in other CRE-related investments, including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. It finances its investments in transitional multifamily and other CRE loans primarily through matched-term non-recourse secured borrowings, including collateralized loan obligations (CLO). Its mortgage loan investment portfolio consists of approximately 65 senior secured floating rate loans with an aggregate unpaid principal balance of $1.1 billion. The Company is externally managed by its manager, Lument Investment Management, LLC.
Key people
Key facts
- EPICLFT
- LocationUnited States
- SectorFinancial
- IndustryMisc. Financial Services
- ISINUS55025L1089
- Market cap$137.05m
- Employees0
- Shares in issue52.31m
- ExchangeNew York Stock Exchange
- Index
- Website
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