secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lument Finance Trust, Inc. (LFT)
CIK:        0001547546
Form:       8-K
Filed at:   2025-11-28T23:59:59+00:00
Accession:  0001104659-25-116923
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547546/000110465925116923/0001104659-25-116923-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547546/000110465925116923/tm2532230d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-116923

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer