Lument Finance Trust Inc. has announced that its indirect wholly owned subsidiary, LCMT Warehouse, LLC, entered into an Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank, National Association. The agreement provides up to $450 million to finance first mortgage loans and other commercial mortgage loan debt instruments secured by commercial real estate. Advances under the agreement accrue interest at rates based on term SOFR plus a case-by-case determined spread. The initial maturity date of the agreement is November 3, 2028, with two optional one-year extensions available to the seller if certain conditions are met. Lument Finance Trust Inc. has also entered into a Guarantee Agreement with JPMorgan, limiting its maximum liability under the guarantee to 25% of the unpaid aggregate repurchase price of outstanding loans, subject to certain exceptions. The agreements include customary representations, warranties, covenants, and conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lument Finance Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-108539), on November 07, 2025, and is solely responsible for the information contained therein.
Comments