
Lument Finance Trust (NYSE:LFT) reported a first-quarter 2026 GAAP net loss while management said it continued to focus on resolving legacy credit issues, managing real estate owned assets and selectively redeploying capital into new multifamily loan investments.
Andrew Tsang of Lument Investment Management said the company reported a GAAP net loss of $0.02 per common share and shareholder earnings of $0.02 per common share for the quarter. The company declared a quarterly dividend of $0.04 per common share in March, unchanged from the prior quarter.