Hunt Companies Finance Trust, Inc. announced that it has received $5.747375 million in funding from OREC Investment Holdings, LLC
January 02, 2020
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Hunt Companies Finance Trust, Inc. (NYSE:HCFT) announced that it has entered into an agreement for a private placement of 1,246,719 shares at a price of $4.61 per share for gross proceeds of $5,747,375 on January 3, 2020. The transaction included participation from OREC Investment Holdings, LLC.
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.
LUMENT FINANCE TRUST, INC. 
