Business Description
Adamas Trust Inc. is a New York-based real estate investment trust, founded in 2003, that acquires and manages a broad range of residential and multifamily mortgage assets across the United States. The company operates two main business lines: an investment portfolio covering mortgage-backed securities, residential loans, and equity investments in multifamily properties, and a lending arm focused on providing loans to real estate investors for rental and renovation purposes. To maintain its tax-advantaged status, the company distributes at least 90% of its taxable income to shareholders. Formerly known as New York Mortgage Trust Inc., the company adopted its current name in September 2025.