Hunt Companies Finance Trust, Inc. Announces Executive Changes
September 11, 2018 at 02:30 am IST
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Hunt Companies Finance Trust, Inc. announced that David Oston, Chief Financial Officer, Treasurer and Secretary of the Company, has indicated his intention to retire. Mr. Oston stepped down from his role as CFO and Treasurer on September 6, 2018. Mr. Oston has agreed to assist in the orderly transition of his CFO responsibilities and will continue to serve the Company in the role of Executive Vice President and Secretary and as a member of the board.
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. 
