Lument Finance Trust Disclaimer This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the current views of Lument Finance Trust, Inc. (NYSE: LFT) ("LFT," the "Company," "we," "our," or "us") with respect to, among other things, the Company's operations and financial performance. You can identify these forward-looking statements by the use of words suc ...

Core Viewpoint - Starwood Property Trust, Inc. (STWD) reported a decline in adjusted distributable earnings and revenues for the first quarter of 2025, indicating challenges in its financial performance compared to the previous year [1][3][6]. Financial Performance - Adjusted distributable earnings for Q1 2025 were 45 cents per share, missing the Zacks Consensus Estimate of 46 cents and down from 59 cents per share in the same quarter last year [1]. - Net income on a GAAP basis was $112.3 million, reflecting a 27.2% decrease year over year [2]. - Total revenues amounted to $418.2 million, a decline of 20.1% compared to the prior year [3]. - Total costs and expenses were $384.2 million, down 24.6% from the previous year, primarily due to reduced interest expenses and management fees [3]. Balance Sheet Position - As of March 31, 2025, cash and cash equivalents increased to $440.6 million, up 16.6% from the prior quarter [5]. - Loans held for sale totaled $2.4 billion, slightly down from $2.5 billion in the previous quarter [5]. - The book value per share (BVPS) was $18.87, down 4.9% from $19.85 in the prior-year quarter [3]. Strategic Insights - The company continues to focus on commercial mortgage-backed securities and commercial real estate debt investments, which are expected to generate stable income [6]. - Active engagement in property acquisition and divestiture is aimed at optimizing the asset base and adapting to market changes [6]. - Despite the positive cash balance and reduced expenses, the year-over-year decline in revenues and BVPS raises concerns [6].

Rithm Property Trust (RPT) Q1 2025 Earnings Call April 28, 2025 08:00 AM ET Company Participants Emma Bolla - Associate General CounselMichael Nierenberg - Interim CEO and Chairman, President & CEO - Rithm CapitalJason Stewart - Director - Mortgage FinanceThomas Catherwood - MD & REITs Equity ResearchRandy Binner - Managing DirectorJade Rahmani - Managing Director Conference Call Participants Douglas Harter - Equity Research Analyst Operator Thank you for standing by and welcome to the Rhythm Property Trust ...

Rithm Property Trust (RPT) Q1 2025 Earnings Call April 28, 2025 08:00 AM ET Company Participants Emma Bolla - Associate General CounselMichael Nierenberg - Interim CEO and Chairman, President & CEO - Rithm CapitalJason Stewart - Director - Mortgage FinanceThomas Catherwood - MD & REITs Equity ResearchRandy Binner - Managing DirectorJade Rahmani - Managing Director Conference Call Participants Douglas Harter - Equity Research Analyst Operator Thank you for standing by and welcome to the Rhythm Property Trust ...