secwatch / observer

Lument Finance Trust, Inc. — fact timeline

Source-grounded facts extracted from Lument Finance Trust, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LFT Lument Finance Trust, Inc. JSON
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-06-10 meeting.

“The voting results of the proposal to ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2026, were as follows: Shares For Shares Against Abstentions Broker Non-Votes 42,151,558 1,302,421 323,536 N/A”
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Approve, on an advisory basis, the compensation of the named executive officers of LFT, as described in the proxy statement for the Annual Meeting at the 2026-06-10 meeting.

“The voting results of the proposal to approve, on an advisory basis, the compensation of the named executive officers of LFT, as described in the proxy statement for the Annual Meeting, were as follows: Shares For Shares Against Abstentions Broker Non-Votes 30,819,599 3,781,895 319,335 8,856,686”
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Re-elect James P. Flynn to the Board of Directors at the 2026-06-10 meeting.

“Nominee Shares For Shares Withheld Broker Non-Votes James P. Flynn 33,309,017 1,611,812 8,856,686”
Earnings Releases

Lument Finance Trust, Inc. reported quarter ended March 31, 2026 results: net income GAAP net loss attributable to common shareholders for the first quarter was $1.0 million, or $0.02 per share of common s, EPS $0.02 per share of common stock.

“GAAP net loss attributable to common shareholders for the first quarter was $1.0 million, or $0.02 per share of common stock.”
Earnings Releases

Lument Finance Trust, Inc. reported fourth quarter and fiscal year ended December 31, 2025 results: net income GAAP net loss attributable to common shareholders for the fourth quarter was $(8.9) million, or $(0.17) per share of com, EPS $(0.17) per share of common stock (fourth quarter), $(0.14) per share of common stock (full year).

“Lument Finance Trust Reports 2025 Results NEW YORK, March 23, 2026 /PRNewswire/ — Lument Finance Trust, Inc. (NYSE: LFT) (“we”, “LFT” or “the Company”) today reported its fourth quarter and full year 2025 results. GAAP net loss attributable to common shareholders for the fourth quarter was $(8.9) million, or $(0.17) per share of common stock, and for the full year was $(7.5) million, or $(0.14) per share of common stock.”
Debt Financings

Lument Finance Trust, Inc. amended term loan of the secured term loans (including initial $40.25 million, first incremental $7.5 million, and Second Incremental $2.25 m with lenders at 9.75% per annum, subject to step up by 0.50% per annum for the first three month maturing February 20, 2030.

“and Guaranty Agreement from February 20, 2026 to February 20, 2030. Such secured term loans include (i) the initial secured term loan in the aggregate principal amount of $40.25 million, which was drawn by the Company on February 14, 2019, (ii) the first incremental secured term loan in the aggregate principal amount of $7.5 million, which was drawn by the”
Debt Financings

Lument Finance Trust, Inc. incurred term loan of $2.25 million with lenders at 9.75% per annum, subject to step up by 0.50% per annum for the first three month maturing February 20, 2030.

“provide the Company with an incremental secured term loan in the aggregate principal amount of $2.25 million (the “Second Incremental Secured Term Loan”), which the Company drew upon on February 23, 2026;”
Material Agreements

Lument Finance Trust, Inc. amended Sixth Amendment to Credit and Guaranty Agreement with Cortland Capital Market Services LLC valued at incremental secured term loan of $2.25 million; maturity extended to February 20, 2030; interest rat (effective 2026-02-20).

“On February 20, 2026, the Company and the Guarantors entered into a further amendment (the “Sixth Amendment”) to the Credit and Guaranty Agreement (as so amended, the “Amended Credit and Guaranty Agreement”) with the Agent and the lenders party thereto, to, among other things: · provide the Company with an incremental secured term loan in the aggregate principal amount of $2.25 million (the “Second Incremental Secured Term Loan”), which the Company drew upon on February 23, 2026; · extend the maturity date of the secured term loans provided under the Amended Credit and Guaranty Agreement from February 20, 2026 to February 20, 2030.”
Material Agreements

Lument Finance Trust, Inc. amended Fifth Amendment to Credit and Guaranty Agreement with Cortland Capital Market Services LLC valued at extended maturity date of secured term loans to February 20, 2026 (effective 2026-02-17).

“On February 17, 2026, Lument Finance Trust, Inc. (the “Company”), as borrower, and its subsidiaries, Five Oaks Acquisition Corp. and Lument CMT Equity, LLC, each as a guarantor (together, the “Guarantors”), Cortland Capital Market Services LLC, as the administrative agent and collateral agent (the “Agent”), and the lenders party thereto, entered into an amendment (the “Fifth Amendment”) to the Credit and Guaranty Agreement, dated January 15, 2019, as amended by each of the First Amendment to Credit and Guaranty Agreement, dated February 13, 2019, the Second Amendment to Credit and Guaranty Agreement, dated July 9, 2020, the Third Amendment to Credit and Guaranty Agreement, dated April 21, 2021, the Amended and Restated Third Amendment to Credit and Guaranty Agreement, dated August 23, 2021, and the Fourth Amendment to Credit and Guaranty Agreement, dated February 22, 2022 (collectively, and as further amended by the Fifth Amendment, the “Credit and Guaranty Agreement”).”
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.

“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”
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.

“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.”
Material Agreements

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

“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”).”
Debt Financings

Lument Finance Trust, Inc. incurred credit facility of up to $450 million with JPMorgan Chase Bank, National Association at term SOFR plus a spread maturing November 3, 2028.

“The Repurchase Agreement provides up to $450 million to finance first mortgage loans, controlling loan participations and other commercial mortgage loan debt instruments secured by commercial real estate, as described in more detail in the Repurchase Agreement.”

Greg D. Calvert was appointed as President at Lument Finance Trust, Inc..

“On March 18, 2025, the Board appointed Greg D. Calvert, age 59, as President of the Company, effective as of May 1, 2025.”

James J. Henson resigned as President at Lument Finance Trust, Inc..

“On March 18, 2025, Mr. James J. Henson notified the Board of Directors (the “Board”) of the Company of his intention to resign as President of the Company, effective as of May 1, 2025.”
Earnings Releases

Lument Finance Trust, Inc. reported the quarter ended March 31, 2024 results: net income GAAP net income attributable to common shareholders for the first quarter was $5.8 million, or $0.11 per share of common, EPS $0.11 per share of common stock.

“On May 9, 2024, Lument Finance Trust, Inc. (the “Company”) issued a press release (the “Release”) and supplemental financial information announcing its financial results for the quarter ended March 31, 2024.”
Earnings Releases

Lument Finance Trust, Inc. reported fourth quarter and full year ended December 31, 2023 results: net income GAAP net income attributable to common shareholders for the fourth quarter was $3.8 million, and for the full year was $, EPS GAAP net income attributable to common shareholders for the fourth quarter was $0.07 per share of common stock, and for.

“GAAP net income attributable to common shareholders for the fourth quarter was $3.8 million, or $0.07 per share of common stock, and for the full year was $15.0 million, or $0.29 per share of common stock.”
Earnings Releases

Lument Finance Trust, Inc. reported second quarter 2023 results: net income GAAP net income attributable to common shareholders for the quarter was $1.4 million, EPS $0.03 per share of common stock.

“Lument Finance Trust Reports Second Quarter Results NEW YORK, August 8, 2023 /PRNewswire/ — Lument Finance Trust, Inc. (NYSE: LFT) (“we”, “LFT” or “the Company”) today reported its second quarter 2023 results. Distributable earnings for the quarter were $1.9 million, or $0.04 per share of common stock. GAAP net income attributable to common shareholders for the quarter was $1.4 million, or $0.03 per share of common stock.”
Debt Financings

Lument Finance Trust, Inc. incurred senior notes with ORIX Capital Markets, LLC and LMF 2023-1 Holder, LLC maturing Due 2032.

“Pursuant to the Indenture, LMF 2023-1 issued the following six classes of notes: l $30.4 million principal amount of Class B Second Priority Secured Floating Rate Notes Due 2032 (the “Class B Notes”); l $16.9 million principal amount of Class C Third Priority Secured Floating Rate Notes Due 2032 (the “Class C Notes” and, together with the Class B Notes, the “Offered Notes”); l $7.7 million principal amount of Class D Fourth Priority Secured Floating Rate Notes Due 2032 (the “Class D Notes”); l $15.0 million principal amount of Class E Fifth Priority Secured Floating Rate Notes Due 2032 (the “Class E Notes”); l $10.6 million principal amount of Class F Sixth Priority Secured Floating Rate Notes Due 2032 (the “Class F Notes”); and l $35.3 million principal amount of Class G Income Notes Due 2032 (the “Class G Notes” and, together with the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes and the Class F Notes, the “Notes”).”
Debt Financings

Lument Finance Trust, Inc. incurred term loan of $270.4 million with Massachusetts Mutual Life Insurance Company, as lead lender, and the other lenders party thereto.

“pursuant to which the Lenders provided LMF 2023-1 with a $270.4 million senior secured floating rate loan”
Material Agreements

Lument Finance Trust, Inc. entered into Servicing Agreement with Lument Real Estate Capital, LLC valued at Appointment of Lument Real Estate Capital as servicer and special servicer (effective 2023-07-12).

“On the Closing Date, LMF 2023-1, the Collateral Manager, Lument Real Estate Capital, LLC, as servicer and special servicer, LCMT, as advancing agent, the Trustee and Computershare, as note administrator, entered into a Servicing Agreement, pursuant to which LMF 2023-1 appointed Lument Real Estate Capital, LLC, an affiliate of the Collateral Manager, to act as servicer and special servicer for the LMF 2023-1 Mortgage Assets.”
Material Agreements

Lument Finance Trust, Inc. entered into Collateral Management Agreement with Lument Investment Management, LLC valued at Appointment of LIM as collateral manager; management fee waived (effective 2023-07-12).

“On the Closing Date, LMF 2023-1 entered into a Collateral Management Agreement with LIM, pursuant to which LMF 2023-1 appointed LIM as collateral manager (LIM in such capacity, the “Collateral Manager”) with respect to the LMF 2023-1 Mortgage Assets.”
Material Agreements

Lument Finance Trust, Inc. entered into Indenture and Security Agreement with Lument Commercial Mortgage Trust, Wilmington Trust, National Association, Computershare Trust Company, National Association valued at Issuance of six classes of notes: Class B ($30.4M), C ($16.9M), D ($7.7M), E ($15.0M), F ($10.6M), G (effective 2023-07-12).

“Also, in connection with LMF 2023-1 Financing, LMF 2023-1, as issuer, Lument Commercial Mortgage Trust (“LCMT”), as advancing agent, the Trustee and Computershare, as note administrator and as custodian, entered into an Indenture and Security Agreement dated July 12, 2023 (the “Indenture”).”
Material Agreements

Lument Finance Trust, Inc. entered into Credit Agreement with Massachusetts Mutual Life Insurance Company valued at $270.4 million senior secured floating rate loan (Class A Loan) (effective 2023-07-12).

“In connection with the LMF 2023-1 Financing, LMF 2023-1, LLC (“LMF 2023-1”), as borrower, Massachusetts Mutual Life Insurance Company (“Mass Mutual”), as lead lender, the other lenders party thereto from time to time (together with Mass Mutual, the “Lenders”), Computershare Trust Company, National Association (“Computershare”), as loan agent, and Wilmington Trust, National Association (the “Trustee”), as trustee, entered into a Credit Agreement dated July 12, 2023, pursuant to which the Lenders provided LMF 2023-1 with a $270.4 million senior secured floating rate loan (the “Class A Loan”).”
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Ratification of KPMG, LLP as independent registered public accounting firm at the 2023-06-14 meeting.

“The voting results of the proposal to ratify the appointment of KPMG, LLP as LFT’s independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows: Shares For Shares Against Abstentions Broker Non-Votes 41,576,320 335,177 119,945 N/A”
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Advisory vote on executive compensation at the 2023-06-14 meeting.

“The voting results of the proposal to approve, on an advisory basis, the compensation of the named executive officers of LFT, as described in the proxy statement for the Annual Meeting, were as follows: Shares For Shares Against Abstentions Broker Non-Votes 31,455,400 1,618,851 771,314 8,184,817”
Shareholder Votes

Lument Finance Trust, Inc. shareholders approved Election of Directors at the 2023-06-14 meeting.

“The voting results for each of the nominees for director were as follows: Nominee Shares For Shares Withheld Broker Non-Votes James C. Hunt 32,552,177 1,294,388 8,184,817 Neil A. Cummins 31,851,149 1,995,416 8,184,817 James P. Flynn 32,566,461 1,280,104 8,184,817 William A. Houlihan 31,969,655 1,876,910 8,184,817 Walter C. Keenan 31,992,255 1,854,310 8,184,817 Marie D. Reynolds 32,441,626 1,404,939 8,184,817”

James Flynn changed role as President at Lument Finance Trust, Inc..

“Mr. Henson is replacing Mr. James Flynn as President of the Company. Mr. Flynn will continue to serve as the Company’s Chairman and Chief Executive Officer.”

James J. Henson was appointed as President at Lument Finance Trust, Inc..

“The Board of Directors (the “Board”) of Lument Finance Trust, Inc. (the “Company”) appointed Mr. James J. Henson, age 70, as President of the Company effective as of May 22, 2023.”
Earnings Releases

Lument Finance Trust, Inc. reported the fiscal quarter ended March 31, 2023 results: net income $4.6 million, EPS $0.09 per share of common stock.

“GAAP net income attributable to common shareholders for the quarter was $4.6 million, or $0.09 per share of common stock.”

Michael P. Larsen resigned as President at Lument Finance Trust, Inc..

“Resignation of President Effective April 18, 2023, Michael P. Larsen, age 44, President of Lument Finance Trust, Inc. (the “Company”) since January 2018, ceased to be and resigned as President of the Company, as well as all positions with any subsidiary entities of the Company.”
Earnings Releases

Lument Finance Trust, Inc. reported the fiscal quarter ended December 31, 2022 results: net income $0.9 million, EPS $0.02 per share of common stock.

“GAAP net income attributable to common shareholders for the quarter was $0.9 million, or $0.02 per share of common stock.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.