Lument Names Industry Veteran Jon Boone Head of Loan Servicing and Asset Management

Former Grandbridge executive joins Lument to lead one of the nation's largest commercial real estate servicing platforms and support the expansion of its third-party servicing business.

October 7, 2026, New York, NY - Lument announced today that it has named Jon Boone as senior managing director and head of Loan Servicing and Asset Management (LSAM). A highly regarded industry leader, Boone comes to Lument from Grandbridge Real Estate Capital, where he served as executive vice president and national loan servicing manager. Boone is based in Lument's Birmingham, Alabama, office.

"Loan servicing and asset management is an essential part of how we support borrowers," Lument CEO James Flynn said. "Jon is a proven leader with a passion for client service. His experience will be invaluable as we continue to grow our in-house and third-party servicing platforms and further strengthen our capabilities."

During his 23 years at Grandbridge, Boone oversaw a servicing portfolio known for its size and complexity, strengthened governance, elevated operational performance, and delivered disciplined execution across Fannie Mae, Freddie Mac, FHA, CMBS, life company, third-party servicing, and bank platforms. Boone has long been active in the Mortgage Bankers Association (MBA) and currently serves as second vice chair of the Mortgage Bankers Association's CREF Servicing Council.

"Lument has established a reputation for excellence across commercial real estate finance, and I am excited to be part of its next chapter," Boone said. "I look forward to working with the team to strengthen an already impressive servicing platform while supporting the firm's continued growth and strategic priorities."

Lument's loan servicing portfolio is one of the largest in commercial real estate, with an unpaid principal balance exceeding $57 billion across more than 6,500 loans serviced for Fannie Mae, Freddie Mac, HUD/FHA, life companies, and other capital providers. The firm is the nation's largest FHA/Ginnie Mae multifamily servicer and a Fitch-rated primary and special servicer. As part of its continued growth strategy, Lument is expanding its third-party servicing business. Most recently, it acquired a life company servicing portfolio from V.P. Clarence Company.

About Lument
Lument, a subsidiary of ORIX Corporation USA, is a national leader in commercial real estate finance and delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument offers Fannie Mae, Freddie Mac, FHA, USDA, and balance sheet financing, as well as a full suite of capital market lending products. In addition, Lument provides a suite of real estate advisory solutions including real estate investment sales, investment banking, and investment management solutions. The company has approximately 550 employees in over 30 offices across the United States.

Securities, investment banking, and advisory services are provided through Lument Securities, LLC, member FINRA/SIPC. Lument Investment Management, LLC, is registered as an investment adviser with the U.S. Securities and Exchange Commission. For more information, visit www.lument.com.