secwatch.observer — SEC 8-K summary
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Issuer:     Lument Finance Trust, Inc. (LFT)
CIK:        0001547546
Form:       8-K
Filed at:   2025-12-16T23:59:59+00:00
Accession:  0001104659-25-121652
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/0001104659-25-121652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547546/000110465925121652/tm2533584d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-121652

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