NEW YORK, Aug. 26, 2021 /PRNewswire/ -- Lument today announced that it has taken a significant step toward its goal of becoming the foremost provider of affordable housing solutions in the nation with ...
Lument has provided a $21.5 million loan for the refinancing of a seniors housing community located in Federal Way, roughly 25 miles south of Seattle. Village Green of Federal Way totals 170 units, ...
NEW YORK, April 22, 2021 /PRNewswire/ — Lument ranked #6 on Affordable Housing Finance‘s Top 25 Affordable Housing Lenders of 2020 list with over $3 billion in closed transactions, doubling last ...
Lument Finance Trust Inc. LFT, a New York-based real estate investment trust (REIT), declined in price this week to another new 52-week low. Many REITs have been bouncing off of lows in November, but ...
For the quarter ended September 2024, Lument Finance (LFT) reported revenue of $9.49 million, down 0.6% over the same period last year. EPS came in at $0.10, compared to $0.11 in the year-ago quarter.
Lument Finance Trust's deleveraging continues with $144 million in loan repayments and only $13 million in new originations, shrinking the book by 24% in 2024. Defaults are rising, with four new loans ...
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their ...
NEW YORK, May 27, 2021 /PRNewswire/ — Lument recently provided Inman Equities a $25.5 million proprietary bridge loan to facilitate the acquisition and renovation of Canopy Creek Apartments, a ...
Get the latest news on Lument Finance Trust stock with updates on market trends, financials, and analysis from Benzinga. Stay informed on LFT performance ...
NEW YORK, May 12, 2021 /PRNewswire/ — Lument recently announced the closing of a $12.8 million Fannie Mae conventional multifamily loan to facilitate the refinance of Civica, a 92-unit, garden-style ...
NEW YORK, March 12, 2021 /PRNewswire/ -- Lument and Argentum are partnering to produce the "2021 Largest Providers Report," an informative list of the nation's largest for-profit senior living ...
Lument Financial Trust is a mortgage REIT with a $1.4 billion commercial real estate loan portfolio composed of primarily multi-family properties for rent, with a floating interest rate. The company's ...