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LFT| 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 as Lument Finance Trust, Inc. in December 2020.
