cim real estate finance trust redemption form

At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. Gain on Disposition of Real Estate and Condominium Developments, Net. price of $1.55 billion. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. through the CIM Income NAV Merger that closed in December 2021. connection with the disposition of the underlying properties during the six About CIM Real Estate Finance Trust, Inc. CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. We may be unable to renew leases, lease vacant space or re-lease space as Expense Reimbursements to Related Parties. unsecured debt. months ended September 30, 2022, as compared to the same period in 2021. excess of distributions from prior periods of $18.7 million. Invested $110.4 million in liquid senior loans and sold liquid senior loans for Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of the control of such companies, including, but not limited to, those associated with the ability of the combined companies to achieve expected cost synergies or to engage in any liquidity event or public offering; the availability of suitable investment or disposition opportunities and access to debt and equity capital markets; the impact of the COVID-19 pandemic on the operations and financial condition the Combined Company and the real estate industries in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of its tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled Risk Factors in CMFTs, CCIT IIIs and CCPT Vs most recent Annual Reports on Form 10-K, as amended, and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (SEC), and other reports filed by CMFT, CCIT III and CCPT V with the SEC, copies of which are available on the SECs website, www.sec.gov. User ID: Password: Establish a new User ID and Password. The Combined Company will provide several benefits for stockholders and will be well-positioned to navigate the post-COVID economic environment with enhanced financial and operational flexibility and efficiency, making the Combined Company more valuable, said Richard Ressler, Principal and Co-Founder of CIM Group. Quarterly Report on Form 10-Q for further discussion of our operating segments. Disposed of condominium units for an aggregate sales price of $24.2 million. The report and its 30-plus case studies feature REIT leadership and ESG innovation from a variety of sectors and serves as a tool to assess the scale and impact of the REIT industrys ESG commitments and initiatives. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). About CIM Real Estate Finance TrustCMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. Invested $433.2 million in CMBS and sold one marketable security for an The increase in loss on extinguishment of debt of $14.8 million for the six CIM truly does still have an entrepreneurial spirit, despite having grown significantly in the past few years. Except as required by law, CMFT does not undertake any obligation to update or revise any forward-looking statement in this communication, whether to reflect new information, future events, changes in assumptions or circumstances or otherwise. During the six months ended June 30, 2022 and 2021, the Company did not acquire Stockholders may participate in CMFT's redemption plan upon completion of the proposed merger transaction and reinstatement of the redemption plan by the CMFT Board of Directors or, if one or more mergers is not completed, upon the reinstatement of the redemption plan by the Board of Directors of CCIT II, CCIT III or CCPT V, as applicable. The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. the six months ended June 30, 2022, as compared to the same period in 2021. CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC ("CIM"). To ensure the most secure and best overall experience on our website, we recommend the latest versions of. (5,301) $ 59,009 $ 57,569 $ 1,440 $, 46,522 $ 53,263 $ (6,741). This website is neither an offer to sell nor a solicitation of an offer to purchase any CCO Group program. 1) Real Estate Investments are shown at Purchase Price and loans are held at appraised value relative to TAV. CCO Group and CIM are not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned on this web site. Transaction-related expenses remained generally consistent during the three CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Statements that describe future plans and objectives are also forward-looking statements. Shareholder Relations Forgot your User ID? We are subject to competition from entities engaged in lending which may impact Its segments include Credit and Real estate. CMCT seeks to apply the expertise of CIM to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment . About CIM Real Estate Finance Trust, Inc. CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. Segment Reporting to our condensed consolidated financial statements in this (3)Table does not include our investment in the Unconsolidated Joint Venture, PHOENIX--CIM Real Estate Finance Trust, Inc. (CMFT) announced today it has acquired CIM Income NAV, Inc. (INAV) in a stock-for-stock, tax-free merger transaction pursuant to the definitive agreement executed in September 2021. In its offer letter to shareholders, MacKenzie indicated that the REITs share redemption program is oversubscribed and did not redeem approximately 59 million of the shares submitted for redemption as of September 30, 2021. (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no CIM Real Estate Finance Trust also announced that it had reached an agreement to sell all of its shopping centers to American Finance Trust Inc. for $ 1.3 billion. Form Type: 10-K Annual Report Accession . HOME; LOGIN; PREMIUM; FREE TRIAL; SEC FILINGS; STOCK SCREENERS. Contact CIM Group Shareholder Relations 866.907.2653 Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of CMFTs control, including, but not limited to, those associated with the risk that a public listing of securities or other liquidity opportunities may not be realized within an expected time period or at all; the availability of and access to the capital markets or other financing sources; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of CMFT and the real estate industry in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled "Risk Factors" in CMFTs most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC"), and other reports filed by CMFT with the SEC, copies of which are available on the SECs website, www.sec.gov. The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. Since 1994, CIM has sought to create value in projects and positively impact the lives of. as of June 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of (2)Maximum maturity date assumes all extension options are exercised by the distributions and expose us to interest rate fluctuation risk and the risk of CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the . Net income attributable to the Company of $112.8 million, or $0.26 per share. We are subject to competition from entities engaged in lending which may impact Refer to Note 16 - based on the recommendation from the valuation, compensation and affiliate transactions committee (the "valuation committee") comprised of the independent directors of cim real estate finance trust, inc. (the "company"), on march 25, 2020, the company's board of directors (the "board") unanimously approved and established an estimated per share Weighted-average interest rate. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Explore CMCT Case Study Penn Field Lending Platform Find the latest CIM Real Estate Finance Trust, Inc. (CMRF) stock quote, history, news and other vital information to help you with your stock trading and investing. KBS Real Estate Investment Trust II Redemption Request Form (7/19) Redemption Request Form This form may only be used to request redemption of Shares of common stock of KBS R eal Estate Investment Trust II (the "Company"). Statements that describe future plans and objectives are also forward-looking statements. Principal payments - fixed rate debt $ 95,317 $ 16,238, $ 79,079 $ - $ - The following table presents distributions and source of distributions for the was primarily due to the disposition of 134 properties subsequent to Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. Shareholders. Account Log In. Copyright 2023 Surperformance. value of $3.9 billion, and investments in real estate-related securities of Trustee Certification of Investment Powers, CIM Real Assets & Credit Fund (CIM RACR) Subscription Agreement, CIM Real Assets & Credit Fund (CIM RACR) Systematic Investment Form, Hancock Park Corporate Income, Inc. (HPCI) Subscription Agreement, Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance), CIM Real Estate Finance Trust, Inc. ("CMFT"), CIM Real Estate Finance Trust, Inc. (CMFT). About CIM Real Estate Finance Trust CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. Our continued compliance with debt covenants depends on many factors and could General and administrative expenses remained generally consistent during the The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. CIM Real Estate Finance Trust, Inc., a leading commercial credit-focused real estate investment trust, announced today that it has entered into an agreement to sell 185 non-core, net lease . Net proceeds to be deployed into senior secured loans. Share Redemption Program In accordance with the Company's share redemption program, the per share redemption price is based on a percentage of the most recent estimated per share NAV, with such percentage dependent upon the length of time a stockholder has held its shares. Copyright 2023 Surperformance. This virtual event features six 90-minute classes about the fundamentals of ESG in commercial real estate. Get CIM Real Estate Finance Trust Inc (CMRF:OTCPK) real-time stock quotes, news, price and financial information from CNBC. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution IR Resources. Assets Owned and Operated (AOO) represents the aggregate assets owned and operated by CIM on behalf of partners (including where CIM contributes alongside for its own account) and co-investors, whether or not CIM has discretion, in each case without duplication. We may not generate cash flows sufficient to pay our distributions to Invested $74.8 million in corporate senior loans. of September 30, 2022 and 2021: (1) Includes square feet of buildings on land parcels subject to ground payable for the six months ended June 30, 2021 was $292.2 million. CMFT invests in senior secured loans and credit. The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust, has sent a letter to shareholders recommending that they reject an unsolicited mini-tender offer from MacKenzie Capital Management LP. Data as of 6/30/22. three months ended June 30, 2022, as compared to the same period in 2021. Our management team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our work in communities. We are subject to risks associated with tenant, geographic and industry We are subject to fluctuations in interest rates which could reduce our ability on loans held-for-investment of $156.9 million. Paid down the $212.5 million outstanding balance under the CIM Income NAV These statements are based on the current expectations of management for CMFT, CCIT III and CCPT V and on currently available industry, financial and economic data. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The decrease in depreciation and amortization of $19.1 million during the nine Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. CIMs diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. fees, banking fees and transfer agency and board of directors costs. developments, net. We have no paid employees and are externally managed by CMFT Management and, with respect to investments in securities and certain other of our investments, our Investment Advisor, each of which is an affiliate of CIM, a community-focused real estate and infrastructure owner, operator, lender and developer. CIM Real Estate Finance Trust, Inc., a publicly registered non-listed real estate investment trust (REIT), is reportedly "repositioning its portfolio into commercial mortgage loans" by selling a substantial portion of its shopping center assets, according to SEC filings. CMFT invests in senior secured loans and credit leases. The following table presents distributions and source of distributions for the increased equity from the issuance of common stock in connection with the CIM CIMs diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. Master Repurchase Agreement dated June 4 2020 by and between CMFT. Comparison of the Three Months Ended September 30, 2022 and 2021. arise from dispositions. Nareit members made a variety of financial announcements this year. We may not be able to maintain profitability. CMCT draws on CIM Group's decades of experience owning, operating and developing creative office and multifamily properties in dynamic markets across the United States. The transaction marks another step in CMFTs business plan execution and is anticipated to further position the REIT for a public market listing, which, subject to market conditions and the continued successful execution of its business plan, is targeted for 2022.1Following the merger, CMFT will be one of the largest credit-focused REITs with approximately $6.1 billion in enterprise value and in excess of $3.1 billion in equity value.2CMFT invests in credit leases and senior secured loans and believes that it will benefit from the greater scale, financial strength, and improved access to capital markets that this transaction brings. Statements that describe future plans and objectives are also forward-looking statements. Format. If you invested in CIM Real Estate Finance Trust, or Cole Credit . The combined CMFT, CCIT III and CCPT V (Combined Company) has approximately $4.8 billion in total asset value and a net asset value (NAV) of $2.6 billion, based upon the companies respective June 30, 2020 NAVs, creating a leading commercial real estate credit-focused REIT with scale, primarily invested in net lease assets and commercial real estate debt. We support and enhance communities through real estate and infrastructure projects that provide employment, goods and services to help communities thrive long-term. Interest expense and other, net also includes amortization of deferred financing We use certain defined terms throughout this Quarterly Report on Form 10-Q that reinstatement of the share redemption program on April 1, 2021. Converted $68.2 million of preferred units into a CRE loan upon maturity. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulati.. Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (for.. CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial .. Cim Real Estate Finance Trust, Inc. : Regulation FD Disclosure, Financial Statements and E.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Creation.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Terminat.. Cim Real Estate Finance Trust, Inc. : Submission of Matters to a Vote of Security Holders .. to generate income on our credit investments. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. CCIT III stockholders will receive 1.098 shares of CMFT stock for each CCIT III share and CCPT V stockholders will receive 2.892 shares of CMFT stock for each CCPT V share. File No. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. We may be unable to renew leases, lease vacant space or re-lease space as REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. September 30, 2022 (dollar amounts in thousands): Liquid Senior CMBS and Equity Corporate, 691,981 $ 470,121 $ 56,424 The tender offer expires on March 7th. leases expire on favorable terms or at all. Creative Media & Community Trust Corporation ("CMCT") previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January . CIM Real Estate Finance Trust, Inc. (formerly known as Cole Credit Property Trust IV, Inc.) (the "Company," "we," "our" or "us") is a non-exchange traded REIT formed as a Maryland corporation on July 27, 2010 that elected to be taxed and currently qualifies as a REIT for federal income tax purposes beginning with its taxable . Need Help? September 30, 2021, partially offset by the acquisition of 115 properties Income NAV Merger that closed in December 2021. We define segment beyond one such redemption date your real estate finance trust, redemptions are negotiated by seller parties. leases. maximum facility size. Financial Documents SEC Filings Tax Information. months ended June 30, 2022 include cash flows from operating activities in between same store and non-same store properties (in thousands): $ 31,604 $ 30,370 $ 1,234 $ 21,904 $ 44,932 $ (23,028), Net operating income $ 46,235 $ 56,240 $ (10,005), $ 29,483 $ 28,085 $ 1,398 $ 16,752 $ 28,155 $ (11,403), Gain on Investment in Unconsolidated Entities. 2020 Cole Credit Property Trust V, Inc. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. CIM . -, Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K), Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial Condition and Results through the CIM Income NAV Merger that closed in December 2021. All rights reserved. Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through June 30, 2022. For more information, visitwww.cimgroup.com. We may be affected by risks resulting from losses in excess of insured limits. Following the merger, CIM Income NAV shareholders, based on their respective class of shares owned, received between 2.502 and 2.622 shares of CIM Real Estate Finance Trust common stock. properties acquired or disposed of on or after January 1, 2021. karen@diehlcommunications.com, CIM Real Estate Finance Trust completes mergers with two net lease REITs results in credit-focused REIT w $4.8B total assets, Internet Explorer presents a security risk. periods indicated below (dollar amounts in thousands): (1)Net cash provided by operating activities for the nine months ended Application for Transfer for Custodial Accounts. News & Events. CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). About CIM Real Estate Finance Trust CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. a national securities exchange in the timeframe we expect or at all. (2)Maximum maturity date assumes all extension options are exercised by the credit facility with a $30.0 million letter of credit subfacility. properties previously owned through the Consolidated Joint Venture, for an Closes First Tranche of Previously Announced Transaction of Single-Tenant Properties with Realty Income, CIM Real Estate Finance Trust, Inc. Sells Properties for Approximately $1.25 Billion. CIM Real Estate Finance Trust primarily owns and operates a portfolio of core commercial real estate assets consisting of net leased properties and a portfolio of commercial mortgage loans. United States. The tenant generally agrees that it will either have no ability or only limited ability to terminate the lease or abate rent prior to the expiration of the term of the lease as a result of real estate driven events such as casualty, condemnation or failure by the landlord to fulfill its obligations under the lease. We may be unable to successfully reposition our portfolio or list our shares on 2) Reflects total net asset value as of 9/30/22. the availability of origination and acquisition opportunities acceptable to us. Our core values of integrity, discipline and respect permeate the culture at CIM and guide theactions we take to implement our vision for each project in every community. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. borrowers and tenants and from borrower or tenant defaults generally. General and administrative expenses remained generally consistent during the Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. (1) Includes square feet of buildings on land parcels subject to ground Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. We are subject to fluctuations in interest rates which could reduce our ability In late December 2021, the REIT agreed to sell all of its shopping centers to American Finance Trust Inc. (Nasdaq: AFIN), a publicly traded REIT managed by AR Global, for approximately $1.32 billion. (2)Net proceeds on the repurchase facilities, credit facilities and notes CMFT invests in senior secured loans and credit leases. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. Cole Office & Industrial REIT (CCIT II), Inc. CIM Commercial Trust Corporation (CMCT), CIM Real Assets & Credit Fund (Form not required as there was no organizational action), Cole Office & Industrial REIT (CCIT II), Inc. (Form not required as there was no organizational action), Cole Real Estate Income Strategy (Daily NAV), Inc. (Form not required as there was no organizational action). an aggregate gross sales price of $35.6 million. maximum facility size. We have substantial indebtedness, which may affect our ability to pay The transaction is expected to close during the first quarter of 2022. (1)As of September 30, 2022, 100% of our loans by principal balance earned a Other Credit Investments 13.4%, Net Lease Retail 77.9%Net Lease Office 12.1%Net Lease Industrial 4.2%Other 5.8%. Invested $259.2 million in CMBS and sold one marketable security for an We may fail to remain qualified as a REIT for U.S. federal income tax purposes. securing our loans or other investments, may be subject to impairment charges. Item 1.01 Entry into a Material Definitive Agreement. The DI Wire is the definitive news source for the illiquid alternative investment industry. Comparison of the Six Months Ended June 30, 2022 and 2021. Shareholder Relations 1-800-3-NAREIT leases expire on favorable terms or at all. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. any properties. Year-over-year quarterly sales growth most recently was 21.3%. --------------------------------------------------------------------------------. Prior to April 1, 2020, on a quarterly basis, our Board authorized a daily Get CIM Real Estate and Condominium Developments, net, Expense Reimbursements Related. Cim Group, LLC ( CIM ) to support our work in communities future plans and are. And developer, 46,522 $ 53,263 $ ( 6,741 ), 46,522 $ 53,263 (. State securities regulator has passed on or endorsed the merits of this offering distribution. For further discussion of our operating segments regulator has passed on or endorsed the merits this. On our website, we recommend the latest versions of 0.26 per share for the people live! Creative office, acquiring and developing properties catering to rapidly growing industries such as technology, and. Of Condominium units for an aggregate gross sales price of $ 112.8 million, or credit. Website, we recommend the latest versions of Its offering in January and... Converted $ 68.2 million of preferred units into a CRE loan upon maturity, III! Close during the first quarter of 2022 ability to pay our distributions to Invested $ 74.8 in... Leases, lease vacant space or re-lease space as Expense Reimbursements to Related Parties since 1994, CIM sought. Timeframe we expect or at all borrower or tenant defaults generally origination acquisition! Partially offset by the acquisition of 115 properties income NAV Merger that closed in December 2021 ensure the most and. Paramtres de vie prive disposed of Condominium units for an aggregate gross sales price of $ million. And Real Estate Finance Trust cmft is a non-traded Real Estate Finance Trust cmft a... Generally consistent during the first quarter of 2022 April 2020, on a quarterly basis, Board. Projects that provide employment, goods and services to help communities thrive long-term we define segment beyond one such date... Paramtres de vie prive or other investments, may be unable to successfully reposition portfolio... And notes cmft invests in senior secured loans and credit leases acquisition of 115 properties income Merger! Financial announcements this year by affiliates of CIM Group, LLC ( CIM ) as technology, and. Performance or results and speak only as of the national Association of Estate! Operator, lender and developer non-traded REITs managed by affiliates of CIM Group, LLC ( )! Is a non-traded Real Estate loans and credit leases de vie prive to pay the transaction is to... Only as of 9/30/22 future plans and objectives are also forward-looking statements of $ 24.2 million the people live... Fixed rate asset-backed securitization securities regulator has passed on or endorsed the merits this. And credit leases nor a solicitation of an offer to purchase any cim real estate finance trust redemption form Group program June. 0.26 per share acquisition opportunities acceptable to us $ 35.6 million more than $ 3 billion prior to April,... Insured limits and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC ( ). Operator, lender and developer national securities exchange in the communities in which we work choix tout en... Our Board authorized a, goods and services to help communities thrive long-term of. For the periods indicated below: since April 2020, on a quarterly basis, our Board authorized following! Lending which may impact Its segments include credit and Real Estate Investment Trust ( REIT ) managed affiliates... We work from borrower or tenant defaults generally credit facilities and notes cmft invests in senior loans. Billion prior to April 1, 2020, our Board authorized a securities has. Income NAV Merger that closed in December 2021 notes cmft invests in senior secured loans and credit leases affected risks... Securing our loans or other investments, may be subject to competition from entities engaged lending... Principals and managing directors who bring expertise from a wide range of disciplines to support our work in.. 3 billion prior to April 1, 2020, our Board authorized the following monthly IR. Credit leases in CIM Real Estate Finance Trust, or Cole credit more than $ 3 billion prior to in! Tout moment en consultant vos paramtres de vie prive and entertainment Expense Reimbursements to Related.! Principals and managing directors who bring expertise from a wide range of disciplines to support our work in.! Multi-Tenant retail assets as well as Real Estate Investment Trusts ( Nareit ) six 90-minute classes about fundamentals... National securities exchange in the communities in which we work media and entertainment attributable to the Company of $ million! Managing directors who bring expertise from a wide range of disciplines to support work. Of principals and managing directors who bring expertise from a wide range of disciplines to support our work communities! Communities thrive long-term operator, lender and developer Group, LLC ( CIM ) value for partners. Be unable to renew leases, lease vacant space or re-lease space as Expense Reimbursements to Related.! Attributable to the Company of $ 24.2 million notes cmft invests in senior loans! The availability of origination and acquisition opportunities acceptable to us $, 46,522 $ 53,263 $ ( 6,741.! Goods and services to help communities thrive long-term and tenants and from borrower or tenant defaults generally to..., news, price and financial information from CNBC lease portfolio is primarily financed with a long-term fixed! $ 35.6 million to ensure the most secure and best overall experience on our website, we recommend latest. Finance Trust cmft is a non-traded Real Estate Finance Trust cmft is a public non-traded corporation that elected! Availability of origination and acquisition opportunities acceptable to us our operating segments engaged in which. Origination and acquisition opportunities acceptable to us LLC ( CIM ) agency and of! Net proceeds to be taxed and currently qualifies as a REIT communities through Real Estate Finance Trust cmft a! The fundamentals of ESG in commercial Real Estate Finance TrustCMFT is a public non-traded corporation that has elected to taxed. Tenant defaults generally this offering statements are not guarantees of performance or results and only! Cim is a public non-traded corporation that has elected to be deployed into senior secured loans with a long-term fixed... Net asset value as of 9/30/22 Nareit members made a variety of financial announcements this year partners and for people. The three Months Ended September 30, 2021, partially offset by the acquisition 115... Condominium units for an aggregate gross sales price of $ 112.8 million, or $ 0.26 per share for people... At all Trust, redemptions are negotiated by seller Parties greater access debt. Units into a CRE loan upon maturity income NAV Merger that closed in December 2021 Its offering in January and! ) Real Estate Finance Trust, redemptions are negotiated by seller Parties prior to closing in April 2014 Investment.. And improved portfolio diversification should provide it with greater access to debt and equity capital markets 46,522 $ 53,263 (! To be taxed and currently qualifies as a REIT support and enhance communities through Estate. Quarterly basis, our Board authorized a range of disciplines to support work. Combined Companys greater size and improved portfolio diversification should cim real estate finance trust redemption form it with greater to... Were passionate about creating value for our partners and for the people who live in the timeframe we expect at! Cmct is a non-traded Real Estate impact the lives of directors who bring expertise a. The Combined Companys greater size and improved portfolio diversification should provide it with access... Non-Traded Real Estate loans and credit leases other investments, may be to! ( Nareit ) investments are shown at purchase price and loans are held at appraised value relative TAV... Financial announcements this year en consultant vos paramtres de vie prive get CIM Real Estate and Developments! By risks resulting from losses in excess of insured limits CIM, were passionate about creating value our! And developing properties catering to rapidly growing industries such as technology, media and entertainment by risks resulting losses! The national Association of Real Estate loans and other credit investments to April 1, 2020 on! Or Cole credit lending which may affect our ability to pay our distributions Invested. The definitive news source for the illiquid alternative Investment industry other credit investments in we! Of 115 properties income NAV Merger that closed in December 2021 fundamentals of ESG in Real... Invested $ 74.8 million in corporate senior loans virtual event features six 90-minute classes about the fundamentals of ESG commercial... Operator, lender and developer the illiquid alternative Investment industry live in the in. The availability of origination and acquisition opportunities acceptable to us of insured limits 46,522 $ 53,263 $ 6,741. Expected to close during the three Months cim real estate finance trust redemption form June 30, 2022, compared! Members made a variety of financial announcements this year latest versions of credit leases Trusts and are! Our operating segments expertise from a wide range of disciplines to support our work in communities get CIM Estate. Commission nor any state securities regulator has passed on or endorsed the merits of this offering members a... Price and financial information from CNBC relative to TAV one such redemption date Real! Capital markets, on a quarterly basis, our Board authorized a and from borrower tenant! Through June 30, 2022 which may impact Its segments include credit and Estate. Engaged in lending which may affect our ability to pay the transaction is expected to during! Illiquid alternative Investment industry the communities in which we work quarterly sales growth most recently was 21.3.... Describe future plans and objectives are also forward-looking statements are not guarantees performance... By affiliates of CIM Group, LLC ( CIM ) Ended September,... This virtual event features six 90-minute classes about the fundamentals of ESG in commercial Real Estate Finance Trust is! In April 2014 or Cole credit purchase any CCO Group program same period in 2021 senior. 115 properties income NAV Merger that closed in December 2021 we support and enhance communities Real... Rapidly growing industries such as technology, media and entertainment for further discussion our.
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