Lument Finance Trust is a Maryland-incorporated REIT that originates and invests in commercial real estate debt, primarily floating-rate transitional mortgage loans secured by multifamily assets ranging from $5 million to $75 million. The company finances its portfolio through matched-term, non-recourse structures including collateralized loan obligations and repurchase agreements, generating revenue from net interest income on its loans and non-interest income from mortgage-related activities. Externally managed by Lument Investment Management, a subsidiary of ORIX Corporation USA, the company leverages its manager's extensive origination platform, sourcing relationships, and experienced team across numerous U.S. offices to compete with other REITs, specialty finance companies, and institutional investors for middle-market commercial real estate opportunities.
| USD millions | FY2025 |
|---|---|
| Net Income | -3 |