 NEW YORK, June 14, 2021 PRNewswire -- Lument Finance Trust, Inc. NYSE: LFT LFT or the Company today announced the closing of LMNT 2021-FL1, a 1 billion on-balance sheet commercial real estate collateralized loan obligation LMNT 2021-FL1 or the Securitization. The Company expects to redeem Hunt CRE 2017-FL1 and Hunt CRE 2018-FL2, its two existing CRE CLOs, in conjunction with the transaction. 