Adamas Trust, Inc., formerly known as New York Mortgage Trust, Inc., is a real estate investment trust (REIT) focused on residential mortgage-related assets. The 9.875% Senior Notes due 2030 are a series of senior unsecured fixed-rate notes issued by the company, paying semi-annual interest with maturity on October 1, 2030. The company rebranded to Adamas Trust, Inc. effective September 3, 2025, reflecting its evolution into a multi-dimensional investment platform.