Five Oaks Investment Corp.

What Five Oaks Investment Corp. does

Lument Finance Trust, Inc. (NYSE: LFT) is a publicly traded real estate investment trust focused on commercial real estate debt investments, with a strong emphasis on the middle-market multifamily sector. The company invests on a leveraged basis in multifamily and commercial real estate debt opportunities, with a stated preference for floating rate instruments that provide yield protection across rate cycles. Its product offering comprises direct CRE debt investments and structured finance products, most notably the $664 million Commercial Real Estate CLO closed in December 2025.

The company is externally managed (a "Manager" is referenced on its corporate website), which is a common structure for mREITs that allows scale without building a full in-house origination and servicing platform. Its distribution and capital formation operates through standard public-market channels: common and preferred stock listed on the NYSE under ticker LFT, periodic CLO issuance for matched-term CRE debt funding, and routine investor relations communications including SEC filings, press releases, and quarterly earnings supplementals. The most recent disclosed operational events include Q1 2026 earnings (reported May 2026), 2025 full-year results (reported March 2026), and recurring quarterly cash dividend declarations for both common and preferred stock through June 2026.

Revenue is generated primarily through interest income on the CRE debt portfolio, with a secondary contribution from structured finance economics via CLO issuance. The target customer segment is middle-market multifamily property owners and developers seeking flexible debt capital as an alternative to large bank or agency financing. The company does not disclose pricing, fee schedules, or borrower-level concentration; revenue figures are also not disclosed in the available source material, and the underlying technology stack, including any underwriting or portfolio-management systems, is not described.

Name

Five Oaks Investment Corp.

Legal name

Lument Finance Trust, Inc.

Website

https://fiveoaksinvestment.com

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Lument Finance Trust (NYSE: LFT) is a publicly traded REIT focused on commercial real estate debt investments, primarily serving middle-market multifamily property owners and developers with floating rate debt and structured finance solutions.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Debt Lending

NAICS

Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Real Estate Investment Trusts (6798), Asset-Backed Securities (6189), Mortgage Bankers & Loan Correspondents (6162)

akta.pro industry

PRIMARYFSALADAG

Balance-Sheet / Portfolio CRE Lending

Financial & Insurance/Mortgage & Housing Finance/Commercial & Multifamily Mortgage Lending

SECONDARYFSAAAKAD

REITs & Listed Real Estate Securities

Financial & Insurance/Asset & Wealth Management/Asset Management — Real Assets (Real Estate, Infrastructure, Natural Resources)

SECONDARYFSAHAIAB

Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO)

Financial & Insurance/Hedge Funds & Alternative Investments/Alternative Investments — Real Assets (Real Estate, Infrastructure, Farmland, Timberland)

SECONDARYFSANAEAJ

Real Estate Credit / Debt Funds

Financial & Insurance/Private Equity & Venture Capital/Real Assets Funds (Infrastructure, Real Estate, Energy)

SECONDARYBPAJANAE

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Advisory & Consulting (Investment, Strategy)

Keywords

• Commercial real estate lending
• Multifamily debt investments
• Real estate investment trust
• Floating rate securities
• Collateralized loan obligations

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Income: Lument Finance Trust generates revenue primarily through interest income from its commercial real estate debt investments, with an emphasis on floating rate instruments in the middle-market multifamily sector.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Lument Finance Trust operates as a real estate investment trust (REIT) that invests on a leveraged basis in multifamily and commercial real estate debt opportunities, with a strong emphasis on floating rate investments in the middle-market multifamily sector. It also originates structured finance transactions such as commercial real estate collateralized loan obligations (CLOs) to deploy and recycle debt capital.

Product overview

Lument Finance Trust operates as a single focused offering: a real estate investment trust (REIT) specializing in commercial real estate debt investments with an emphasis on the middle-market multifamily sector. The company invests on a leveraged basis in multifamily and commercial real estate debt opportunities, with a strong focus on floating rate investments. Their product portfolio includes direct debt investments and structured products like Commercial Real Estate Collateralized Loan Obligations (CLOs), such as their $664 million CRE CLO closed in December 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Debt Investments Leveraged investments in multifamily and commercial real estate debt opportunities with an emphasis on floating rate instruments, primarily serving middle-market multifamily property owners and developers.
• Commercial Real Estate CLO (Collateralized Loan Obligation) Structured finance vehicle that packages commercial real estate debt for issuance to capital markets investors; example disclosed is the $664 million CRE CLO closed in December 2025.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• AGNC Investment Corp. AGNC Investment (Nasdaq: AGNC) is a leading mortgage REIT primarily investing in agency MBS. While focused on agency residential rather than CRE debt, AGNC is a comparable levered-yield REIT model using public markets for funding and dividends as a primary investor proposition.
• Annaly Capital Management: Annaly Capital Management (NYSE: NLY) is one of the largest mortgage REITs, primarily investing in agency and credit residential MBS. Comparable as a large-cap publicly traded mREIT with diversified spread-based income model, though its asset focus differs.

Direct peers

• Ready Capital Corporation: Ready Capital (NYSE: RC) is a multi-strategy CRE finance company focused on small-balance commercial loans, CRE securities, and distressed debt. Comparable as a small/mid-cap externally-managed CRE finance REIT, with overlap in middle-market deal sourcing.
• Starwood Property Trust: Starwood Property Trust (NYSE: STWD) is a leading diversified finance company investing in CRE debt and real estate securities. Closely comparable to LFT in CRE debt strategy, though with a broader product mix (securities, servicing) and substantially larger scale.
• Arbor Realty Trust: Arbor Realty Trust (NYSE: ABR) is a specialty finance REIT focused on originating and servicing multifamily and CRE loans. Comparable to LFT in multifamily lending focus and externally-managed REIT structure.
• Granite Point Mortgage Trust: Granite Point Mortgage Trust (NYSE: GPMT) is a CRE-focused mortgage REIT that originates and invests in senior floating-rate commercial mortgage loans. Highly comparable to LFT in floating-rate CRE debt focus and small-cap REIT structure.
• Blackstone Mortgage Trust: Blackstone Mortgage Trust (NYSE: BXMT) is a leading externally-managed CRE mortgage REIT that originates and acquires senior loans collateralized by commercial real estate. It is directly comparable to LFT in business model (leveraged CRE debt, public REIT) though at much greater scale and with broader property-type coverage.
• KKR Real Estate Finance Trust: KKR Real Estate Finance Trust (NYSE: KREF) is an externally-managed CRE mortgage REIT focused on senior loans backed by commercial real estate. Directly comparable to LFT in structure, leverage profile, and CRE debt origination focus.
• Ares Commercial Real Estate: Ares Commercial Real Estate (NYSE: ACRE) is a specialty finance company that originates and invests in CRE debt, including senior and stretch senior mortgage loans. Comparable in CRE debt origination model and externally-managed REIT structure.

Others

• Lument Real Estate Capital: Lument is the affiliated real estate investment and capital markets advisory platform that serves as external manager to Lument Finance Trust. Highly relevant as the operating partner and origination platform feeding the REIT's investment pipeline.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Five Oaks Investment Corp.