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. The company primarily invests in transitional floating rate commercial 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. Lument Finance Trust, Inc. is qualified as a real estate investment trust (REIT) 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.
Lument Finance Trust Reports Second Quarter 2026 Results and Announces Reverse Stock Split
Lument Finance Trust announced a 1-for-10 reverse stock split effective September 9, 2026, intended to regain compliance with NYSE listing requirements and support an efficient trading market.
The company reported second quarter results with a GAAP net loss of $9.2 million, or $0.18 per share, and a Distributable Loss of $5.3 million, or $0.10 per share.
The reverse split will reduce the number of issued and outstanding shares from approximately 52.5 million to approximately 5.3 million, with split-adjusted trading commencing on September 10.