Lument Finance Trust, Inc. announced the closing of LMNT 2025-FL3, a $663.8 million CRE CLO.
The company placed approximately $585.0 million of investment-grade securities with institutional investors.
LMNT 2025-FL3 includes a 30-month reinvestment period and a weighted average interest rate at issuance of Term SOFR plus 1.91%.
Managed CRE CLO
LMNT 2025-FL3 is a managed Commercial Real Estate Collateralized Loan Obligation.
Investment Grade Securities
Approximately $585.0 million of investment-grade securities were placed with institutional investors.
Collateral Pool
Initial collateral pool consists of 32 first lien floating rate mortgage loans and participations secured by 49 multifamily and commercial real estate properties.
- The financing provides Lument Finance Trust term financing on a non-mark-to-market, non-recourse basis.
- The Company benefits from a weighted average interest rate at issuance of Term SOFR plus 1.91%.
Lument Finance Trust's successful closure of LMNT 2025-FL3 demonstrates its strategy of investing in commercial real estate debt investments.