ADAMAS TRUST, INC.

Regulatory Filings • Sep 12, 2025

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Adamas Trust, Inc.

90 Park Avenue

New York, New York 10016

(212) 792-0107

September 12, 2025

VIA EDGAR

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549-3561

Attention:	Ruairi James Regan
	Office of Real Estate & Construction
Re:	Adamas Trust, Inc
	Registration Statement on Form S-3 (SEC File No. 333-290073)

Dear Ruairi James Regan:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, Adamas Trust, Inc. (the “Company”) hereby requests acceleration of effectiveness of the above-captioned Registration Statement to 4:30 p.m., Eastern time, on September 16, 2025 or as soon thereafter as practicable.

The Company requests that it be notified of such effectiveness by a telephone call to Christopher Green of Vinson & Elkins L.L.P. at (202) 639-6521.

Thank you for your attention to this matter.

[ Signature page follows ]

Very truly yours,
Adamas Trust, Inc.
By:	/s/ Kristine R. Nario-Eng
Name:	Kristine R. Nario-Eng
Title:	Chief Financial Officer

cc: Christopher C. Green, Vinson & Elkins L.L.P.