Company Lument Finance Trust, Inc.

Equities

LFT

US55025L1089

Specialized REITs

Real-time Estimate Cboe BZX 01:34:40 2024-07-12 pm EDT 5-day change 1st Jan Change
2.435 USD +1.88% Intraday chart for Lument Finance Trust, Inc. -0.41% +4.72%

Business Summary

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 88 senior secured floating rate loans with an aggregate unpaid principal balance of $1.4 billion. The Company is externally managed by its manager, Lument Investment Management, LLC.

Sales per Business

USD in Million2022Weight2023Weight Delta
Mortgage Loans and Other Mortgage-related Investments
100.0 %
57 100.0 % 109 100.0 % +91.82%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
57 100.0 % 109 100.0 % +91.82%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 18-01-17
Director of Finance/CFO 57 18-09-05
President - -
Public Communications Contact - 20-09-30
Corporate Secretary - -
Corporate Officer/Principal - 23-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 13-02-28
Director/Board Member 68 13-02-28
Director/Board Member 53 18-01-17
Director/Board Member 56 15-04-16
Chief Executive Officer 47 18-01-17
Director/Board Member 57 22-06-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 52,257,315 45,047,531 ( 86.20 %) 0 86.20 %
Stock B 0 2,400,000 0 0

Shareholders

NameEquities%Valuation
14,318,614 27.40 % 34 M $
Hunt Investment Management LLC
11.05 %
5,774,752 11.05 % 14 M $
AXA
6.393 %
3,340,780 6.393 % 8 M $
Vanguard Global Advisers LLC
2.981 %
1,557,677 2.981 % 4 M $
PL Capital Advisors LLC
2.742 %
1,433,156 2.742 % 3 M $
Punch & Associates Investment Management, Inc.
2.604 %
1,360,562 2.604 % 3 M $
Chris Hunt
1.182 %
617,659 1.182 % 1 M $
Deltec Asset Management LLC
0.9696 %
506,710 0.9696 % 1 M $
Geode Capital Management LLC
0.8109 %
423,759 0.8109 % 1 M $
Osaic Wealth, Inc.
0.7139 %
373,057 0.7139 % 895 337 $
NameEquities%Valuation
Kuvare Insurance Services LP
8.333 %
200,000 8.333 % 4 M $
Angel Oak Capital Advisors LLC
1.667 %
40,000 1.667 % 820 000 $
7,500 0.3125 % 153 750 $
James Henson
0.008333 %
200 0.008333 % 4 100 $

Company contact information

Lument Finance Trust, Inc.

230 Park Avenue 20th floor

10169, New York

+212 317 5700

http://www.lumentfinancetrust.com
address Lument Finance Trust, Inc.(LFT)
  1. Stock Market
  2. Equities
  3. LFT Stock
  4. Company Lument Finance Trust, Inc.