Adamas Trust

Adamas Trust Inc., formerly known as New York Mortgage Trust Inc. until September 2025, is an internally managed real estate investment trust incorporated in 2003 and headquartered in New York, New York, with additional operations in Charlotte and Los Angeles. The company focuses on acquiring, investing in, financing, and managing mortgage-related... single-family and multifamily residential assets. Adamas Trust's objective is to deliver long-term, stable distributions to stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company provides third-party asset management services and acquires distressed multifamily notes, including performing and non-performing loans and REO properties, while also providing private capital to the U.S. housing market through investments in single-family loans and securities. Adamas Trust's targeted investments include residential loans such as business purpose loans, structured multifamily property investments including preferred equity and mezzanine loans to owners of multifamily properties, Agency RMBS, non-Agency RMBS, CMBS, and certain other mortgage, residential housing, and credit-related assets. The company's investment strategy focuses on core portfolio strengths of single-family and multifamily residential assets, which are believed to deliver better risk-adjusted returns over time. Adamas Trust uses a combination of net interest margin and net realized capital gains, with an investment portfolio diversified among interest rate and credit risks, to deliver stable distributions across various economic cycles. The company's single-family portfolio consists of a diverse mix of targeted assets covering multiple sectors, and it is positioned to competitively bid on single loans or bulk packages of thousands of loans with quick turnaround times. The company maintains engineering centers and a manufacturing unit, with a proven track record of delivering solid performance through ...Read More