Lument Finance Trust, Inc. (LFT)

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Company Overview

Company Name

Lument Finance Trust, Inc.

Symbol

LFT

Exchange

NYSE

Daily Change

-2.78%

52-Week Low

2.220 USD

52-Week High

2.840 USD

Market Cap

128.20M USD

Sector

N/A

Industry

REIT - Mortgage

Employees

N/A

Country

United States

Business Summary

Lument 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. It invests in transitional floating rate CRE 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. The company is qualified as a real estate investment trust 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.

Market Information

Currency

USD

First Trade Date

3/22/2013

Regular Market Change

-0.0700 (-0.0278%)

Regular Market Volume

96,004

Average Daily Volume (3M)

115,306