Business Description
Adamas Trust Inc. is a New York-based real estate investment trust founded in 2003 that focuses on acquiring, financing, and managing a broad range of residential and multifamily mortgage assets across the United States. The company operates two main business lines: an investment portfolio spanning government-backed and non-agency mortgage securities, residential loans, and equity investments in multifamily properties, and a lending division that provides loans to real estate investors for rental and renovation projects. Adamas Trust also issues and manages commercial mortgage-backed securities and other housing-related investments. Formerly known as New York Mortgage Trust Inc., the company renamed itself in September 2025 and passes most of its taxable income directly to shareholders to maintain its tax-advantaged status.
