Business Description
Adamas Trust Inc. is a New York-based real estate investment trust, founded in 2003, that buys, finances, and manages a wide range of U.S. residential and multifamily mortgage assets. The company runs two main business lines: one that holds a broad mix of mortgage securities, residential loans, and equity investments in multifamily properties, and another that originates and sells loans aimed at real estate investors seeking to rent or renovate properties. 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-exempt status.