Adamas Trust, Inc.

Adamas Trust, Inc. is a real estate investment trust that acquires, invests in, finances, and manages mortgage-related single-family and multifamily residential assets in the United States. Its operations are divided into two segments: Investment Portfolio and Constructive. The Investment Portfolio segment manages a diversified portfolio including agency and non-agency residential mortgage-backed securities (RMBS), residential loans (such as business purpose loans, performing, non-performing, and seasoned performing loans), multifamily loans, preferred equity investments, joint venture equity investments, multifamily investments, mezzanine lending, and single-family rental assets. The Constructive segment originates business purpose loans for real estate investors, focusing on rental and transitional loans, and sells those loans. The company also invests in commercial mortgage-backed securities (CMBS) and other mortgage- and credit-related assets.

Adamas Trust, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ADAM. Its securities trade in U.S. dollars (USD), as the company is based in the United States and reports its financial results in that currency. The exchange is one of the major U.S. stock exchanges, providing liquidity and visibility for institutional and retail investors.

Adamas Trust operates in the Real Estate sector, specifically within the REIT - Mortgage industry. As a mortgage real estate investment trust (mREIT), it primarily invests in mortgage-related assets rather than physical properties. The company focuses on residential mortgage-backed securities, residential loans, multifamily loans, and other credit-sensitive real estate investments. Its structure allows it to avoid federal corporate income taxes by distributing at least 90% of its taxable income to stockholders, which is typical for REITs.

Adamas Trust, Inc. is headquartered in New York, New York, United States. The company serves the U.S. residential real estate market, focusing on single-family and multifamily properties. Its investments span across the country, including mortgage-related assets such as agency and non-agency RMBS, residential loans, and multifamily loans. The company also engages in structured multi-family property investments and originates business purpose loans for real estate investors nationwide.

Adamas Trust generates revenue primarily through interest income and capital gains from its investment portfolio. The Investment Portfolio segment earns income from mortgage-backed securities, residential loans, multifamily loans, and other credit-related assets. The Constructive segment originates and sells business purpose loans, earning origination fees and gains on sale. As a REIT, the company must distribute at least 90% of its taxable income to shareholders, which drives its dividend-focused business model. Its portfolio includes agency and non-agency RMBS, residential loans (including business purpose, performing, non-performing, and seasoned performing loans), multifamily loans, preferred equity, joint venture equity, mezzanine lending, and single-family rental assets.