Lument prices $663.8M CLO, redeems $436.4M prior CLO, buys $135.6M mortgage assets.

Lument Finance Trust, Inc.

Priced LMNT 2025-FL3 CRE-CLO at $663.8M, with 88.1% advance rate and weighted average interest of Term SOFR +1.91%.
Redeemed LFT 2021-FL1, which had $436.4M of investment grade securities outstanding as of November 18, 2025.
Entered Forward Purchase Agreement to buy seven mortgage assets (unpaid principal $135.6M) secured by six multifamily and one healthcare property.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Lument Finance Trust, Inc. entered into Forward Purchase Agreement with Lument Structured Finance, LLC valued at $135.6 million (effective 2025-11-24).

Action: entry
Agreement: asset purchase
Counterparty: Lument Structured Finance, LLC
Value: $135.6 million
Effective: 2025-11-24

Exact text from the filing

Item 1.01 Entry into a Material Definitive Agreement. On November 24, 2025, Lument Commercial Mortgage Trust (“Purchaser”), an indirect wholly owned subsidiary of Lument Finance Trust, Inc. (the “Company”), entered into a Forward Purchase Agreement with Lument Structured Finance, LLC (“LSF” or the “Seller”), an affiliate of Lument Investment Management, LLC, the Company’s external manager, to purchase seven mortgage assets (“Mortgage Assets”), with an aggregate unpaid principal balance of $135.6 million for an aggregate purchase price of $135.6 million plus all accrued and unpaid interest on such Mortgage Assets as of the settlement date (“Settlement Date”).

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Lument Finance Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-116923

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