Greg D. Calvert
On March 18, 2025, the Board appointed Greg D. Calvert, age 59, as President of the Company, effective as of May 1, 2025.
Highest-materiality recent filing
LFT Q4 GAAP net loss $8.9M; full year net loss $7.5M; declares $0.04/sh dividend
GAAP net loss attributable to common shareholders for Q4 2025: $(8.9)M ($0.17/sh); full year: $(7.5)M ($0.14/sh).
LFT closes $664M CRE CLO with $585M notes sold; declares $0.04/share dividend
Closed $663.8M CRE CLO with $585M investment-grade notes sold to institutional investors on a non-recourse basis.
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%.
Lument Finance Trust Declares $0.06 Common and $0.4921875 Preferred Dividends
Declared Q2 2025 common dividend of $0.06 per share, payable July 15, 2025 to holders of record June 30, 2025.
GAAP net income Q4 $3.6M ($0.07/share), full year $17.9M ($0.34/share); distributable earnings Q4 $5.4M ($0.10/share), full year $23.2M ($0.44/share).
Lument Finance Trust raises quarterly common dividend 14% to $0.08/share
Common dividend increased from $0.07 to $0.08 per share, a 14% sequential increase.
On March 18, 2025, the Board appointed Greg D. Calvert, age 59, as President of the Company, effective as of May 1, 2025.
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.
Max materiality 0.80 · Median 0.50 · Most common event earnings