Hunt Companies Finance Trust, Inc. Announces Board Changes
March 18, 2019 at 05:01 pm EDT
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On March 14, 2019, David Oston resigned as Secretary, Treasurer and as a member of the Board of Directors of the Hunt Companies Finance Trust, Inc. Mr. Oston confirmed that his resignation is for personal reasons and did not result from any disagreement with the company or its auditors on any matter relating to the company’s operations, policies or practices, including its controls or financial related matters. On March 14, 2019, the Board of Directors appointed the company’s chief executive officer, James P. Flynn, to the Board of Directors to fill the vacancy created by Mr. Oston’s resignation, to serve until the company’s next annual meeting of stockholders or until his successor is duly elected and qualified.
Lument Finance Trust, Inc. is a real estate investment trust (REIT). The Company is focused on investing in, originating, financing and managing a portfolio of commercial real estate (CRE) debt investments. It primarily invests or originates in transitional floating rate CRE mortgage loans with an emphasis on middle-market multifamily assets. The Company also invests in other CRE-related investments including mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed rate loans, construction loans and other CRE debt instruments. It finances its investments in transitional multifamily and other CRE loans primarily through matched-term non-recourse secured borrowings, including collateralized loan obligations (CLO). Its mortgage loan investment portfolio consists of approximately 88 senior secured floating rate loans with an aggregate unpaid principal balance of $1.4 billion. The Company is externally managed by its manager, Lument Investment Management, LLC.
LUMENT FINANCE TRUST, INC. 
