Business Description
Lument Finance Trust Inc. is a New York-based real estate investment trust that lends money to owners of commercial properties across the United States, with a particular focus on mid-sized apartment buildings undergoing transition or renovation. The company holds a range of debt instruments, from mortgage loans to construction financing, most of which carry floating interest rates. Because it qualifies as a REIT and distributes at least 90% of its taxable income to shareholders, the company pays no federal income tax. Incorporated in 2012 and formerly known as Hunt Companies Finance Trust Inc., it adopted its current name in December 2020.
