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: a diversified investment portfolio spanning agency and non-agency mortgage securities, residential loans, and multifamily equity and debt investments, and a lending division focused on providing business purpose loans to real estate investors. To maintain its status as a real estate investment trust, the company distributes at least 90% of its taxable income to shareholders, which generally exempts it from federal corporate income taxes. Formerly known as New York Mortgage Trust Inc., the company adopted its current name in September 2025.
