ADAMO

Adamas Trust, Inc. operates as a real estate investment trust (REIT) focused on acquiring, developing, and managing commercial properties across the United States. Headquartered in Portland, Oregon, the company specializes in office buildings, retail centers, and mixed-use developments primarily in secondary and tertiary markets throughout the Pacific Northwest and Mountain West regions. ADAMO's portfolio comprises approximately 85 properties totaling 12.3 million square feet of leasable space, with major holdings in Oregon, Washington, Idaho, and Montana. The trust generates revenue through long-term lease agreements with a diversified tenant base that includes regional retailers, professional services firms, and government agencies. ADAMO maintains an occupancy rate of approximately 91% across its properties and employs roughly 180 professionals in property management, leasing, and corporate functions. In recent years, the company has pursued a strategic repositioning toward value-add acquisitions in growing suburban markets, while selectively divesting older urban assets. The trust completed three significant acquisitions in the past fiscal year, adding 1.4 million square feet to its portfolio. ADAMO pays quarterly distributions to shareholders and has maintained consistent dividend payments for 14 consecutive years, supported by its stable cash flows from operations and conservative leverage profile with a debt-to-equity ratio of approximately 0.6.