---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-121652"
form_type: "8-K"
ticker: "LFT"
cik: "0001547546"
company_name: "Lument Finance Trust, Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:03:11.808394+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LFT closes $664M CRE CLO with $585M notes sold; declares $0.04/share dividend

## Summary
- Closed $663.8M CRE CLO with $585M investment-grade notes sold to institutional investors on a non-recourse basis.
- Advance rate 88.1%, weighted avg interest SOFR+1.91%, 30-month reinvestment period; collateral of 32 first lien loans.
- Declared $0.04/share common and $0.4921875/share preferred dividend, payable Jan 15, 2026 to holders of record Dec 31/Jan 2.
- Entered $50M credit facility with Northeast Bank at SOFR+3.50%, 36-month draw period, advance rate up to 70% on performing loans.

## SEC filing metadata
- accession: 0001104659-25-121652
- form_type: 8-K
- ticker: LFT
- cik: 0001547546
- company_name: Lument Finance Trust, Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/0001104659-25-121652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/tm2533584d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-121652
- JSON: https://secwatch.observer/filing/0001104659-25-121652.json
- Plain text: https://secwatch.observer/filing/0001104659-25-121652.txt

## Key facts
- Debt Financings
  Lument Finance Trust, Inc. incurred senior notes of approximately $585.0 million (Offered Notes) plus $78.8 million (Non-Offered Notes) with institutional investors and LMNT CRE 2025-FL3 Holder, LLC at weighted average interest rate of approximately 1.91% plus Term SOFR maturing July 2043.
  - Instrument: senior notes
  - Principal: approximately $585.0 million (Offered Notes) plus $78.8 million (Non-Offered Notes)
  - Counterparty: institutional investors and LMNT CRE 2025-FL3 Holder, LLC
  - Rate: weighted average interest rate of approximately 1.91% plus Term SOFR
  - Maturity: July 2043
  - Event: incurrence
  source text: LMNT CRE 2025-FL3, LLC (the “Issuer”) issued and sold approximately $585.0 million aggregate principal amount of investment grade-rated notes (the “Offered Notes”). The Issuer also issued and sold approximatey $78.8 million aggregate principal amount of below investment grade-rated notes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/0001104659-25-121652-index.htm
- Debt Financings
  Lument Finance Trust, Inc. incurred credit facility of up to $50 million with Northeast Bank at term SOFR plus a SOFR margin of 3.50% maturing 36-month draw period.
  - Instrument: credit facility
  - Principal: up to $50 million
  - Counterparty: Northeast Bank
  - Rate: term SOFR plus a SOFR margin of 3.50%
  - Maturity: 36-month draw period
  - Event: incurrence
  source text: The Loan Agreement provides for up to $50 million in maximum aggregate advances over a 36-month draw period to finance first mortgage loans and controlling first mortgage loan participations secured by commercial real estate.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/0001104659-25-121652-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.