Lument Finance Trust, Inc. announced the pricing of LMNT 2025-FL3, a $663.8 million managed Commercial Real Estate Collateralized Loan Obligation (CRE-CLO).
The company expects approximately $585.0 million of investment grade securities to be placed with institutional investors, providing LFT with term financing on a non-mark-to-market, non-recourse basis.
LMNT 2025-FL3 includes a 30-month reinvestment period, an advance rate of 88.1%, and a weighted average interest rate at issuance of Term SOFR plus 1.91%, before transaction costs.
LMNT 2025-FL3 Pricing
LMNT 2025-FL3, a $663.8 million CRE-CLO, aims to secure term financing through investment grade securities placement.
Redemption of LFT 2021-FL1
On November 18, 2025, LFT redeemed LFT 2021-FL1, a CRE-CLO with $436.4 million investment grade securities outstanding.
Upcoming Closing of LMNT 2025-FL3
LMNT 2025-FL3 is expected to close around December 10, 2025, subject to customary closing conditions.
- The pricing of LMNT 2025-FL3 indicates LFT's proactive financing strategy in the commercial real estate market.
- The redemption of LFT 2021-FL1 demonstrates a strategic shift or optimization in LFT's investment portfolio.
Lument Finance Trust's successful pricing of LMNT 2025-FL3 showcases the company's commitment to strategic financing and optimizing its commercial real estate investments.