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LFT-PA| Name | Value |
|---|---|
| Revenues | 7.2M |
| Cost of Revenue | 0.1M |
| Gross Profit | 7.1M |
| Operating Expense | 0.9M |
| Operating I/L | 0.3M |
| Other Income/Expense | 6.6M |
| Interest Income | 22.2M |
| Pretax | 5.8M |
| Income Tax Expense | -0.0M |
| Net Income/Loss | 4.6M |
Lument Finance Trust, Inc. is a real estate investment trust (REIT) that specializes in investing in, financing, and managing a portfolio of commercial real estate (CRE) debt investments in the United States. The company primarily focuses on transitional floating rate commercial mortgage loans on middle market multi-family assets, as well as other CRE-related investments such as mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, and construction loans. As a REIT, it benefits from tax advantages by distributing at least 90% of its taxable income to stockholders, allowing it to avoid federal income taxes. Lument Finance Trust, Inc. was formerly known as Hunt Companies Finance Trust, Inc. and rebranded in December 2020.
