Lument Finance Trust, Inc. functions as a Real Estate Investment Trust (REIT) primarily engaged in the acquisition, financing, and management of various debt instruments linked to commercial properties throughout the United States. A core focus of its investment strategy involves transitional, variable-rate commercial mortgage loans secured by multi-family assets in the middle market. Additionally, the company's portfolio extends to other forms of commercial real estate debt, such as mezzanine loans, preferred equity stakes, commercial mortgage-backed securities (CMBS), fixed-rate loans, and construction financing. Qualified as a REIT under the 1986 Internal Revenue Code, Lument Finance Trust can avoid federal corporate income tax by distributing at least 90% of its taxable income to its shareholders. The company, which was founded in 2012, originally operated as Hunt Companies Finance Trust, Inc. until its name change in December 2020. Its headquarters are located in New York, New York.