Financial Performance - Q3 2025 GAAP net income attributable to common stockholders was $001 per share[9] - Q3 2025 Distributable Earnings was $002 per share[9] - A cash dividend for the quarter of $004 per share of common stock was declared[9] - Book Value Per Share of Common Stock was $325 as of September 30, 2025[9] Portfolio Composition and Activity - As of September 30, 2025, the loan investment portfolio totaled $822 million[9] - Approximately 896% of the loan portfolio was collateralized by multifamily assets[9] - The loan portfolio had a weighted average note rate of SOFR + 355%[9] - The Company experienced $488 million of loan payoffs during the quarter, with 995% of payoffs from multifamily properties[9, 22] Capital Structure and Financing - As of September 30, 2025, the Company held cash and cash equivalents of $560 million[9] - The leverage ratio declined quarter-over-quarter from 33x to 32x[9] - The company entered into an uncommitted master repurchase agreement with JPMorgan Chase Bank, N A to provide up to $450 million to finance first mortgage loans[9]
Lument Finance Trust(LFT) - 2025 Q3 - Earnings Call Presentation