Lument Finance Trust, Inc. — fact timeline

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”

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;”

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.”

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”).”

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”

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.”

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.”

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.”