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Lument Finance Trust has priced a $663.8 million Commercial Real Estate Collateralized Loan Obligation (CRE-CLO), LMNT 2025-FL3. The deal includes a 30-month reinvestment period, an advance rate of 88.1%, and a weighted average interest rate at issuance of Term SOFR plus 1.91%. Approximately $585 million of investment grade securities will be placed with institutional investors, providing the company with term financing on a non-mark-to-market, non-recourse basis.
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