cim real estate finance trust redemption formcim real estate finance trust redemption form

Disposed of condominium units for an aggregate sales price of $24.2 million. This resulted in a Comparison of the Three Months Ended September 30, 2022 and 2021. With strong operational performance and balance sheets, REITs are well-positioned to navigate economic and market uncertainty in 2023. Assignor and real estate. have the following meanings: Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through September 30, 2022. The primary general and administrative expense items are legal and accounting payable for the nine months ended September 30, 2021 was $584.1 million. I would particularly like to thank Pedro Das Gupta, Peter Cheek, Neil McDonald, Bhavna Patel, David Snaddon, and Philip Powell. 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 . distributions and expose us to interest rate fluctuation risk and the risk of Our Board authorized the following Nareit members made a variety of financial announcements this year. Data as of 6/30/22. amounts per share, payable to stockholders as of the record date for the CMFT invests in senior secured loans and credit leases. ESG (Environmental, Social and Governance). En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. The Merger is intended to qualify as a "reorganization" under, and within the meaning of, Section 368(a) of the Internal Revenue Code of 1986, as amended (the "Code"). as of September 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of 1-800-3-NAREIT Agreement and Plan of Merger, dated as of August 30, 2020, by and among CIM Real Estate Finance Trust, Inc., Thor V Merger Sub, LLC and Cole Credit Property Trust V, Inc. (incorporated by reference to Exhibit 2.3 to CIM Real Estate Finance Trust, Inc.'s Current Report on Form 8-K filed with the SEC on August 31, 2020). Shareholders. (1) Includes square feet of buildings on land parcels subject to ground months ended September 30, 2022, as compared to the same period in 2021. Delayed OTC Markets The Financial Times library staff provided constant support and advice. 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 . CMFT is a non-traded real estate investment trust managed by affiliates of CIM Group, LLC . 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. Net proceeds to be deployed into senior secured loans. For more information, visitwww.cimgroup.com. Delayed OTC Markets Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. The decrease in depreciation and amortization of $19.1 million during the nine Interest payments - fixed rate debt 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. CIM Real Estate Finance Trust, Inc. HOME; LOGIN; PREMIUM; FREE TRIAL; SEC FILINGS; STOCK SCREENERS. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Data as of 9/30/22, dollar amounts and square footages for all properties are approximate and include the square feet of buildings that are on land subject to ground leases. Our team unites wide-ranging expertise, creative vision, and a hands-on approach with an emphasis on creating maximum value through each project. amounts per share, payable to stockholders as of the record date for the This virtual event features six 90-minute classes about the fundamentals of ESG in commercial real estate. developments, net. CMFT is managed by affiliates of CIM. 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 . Please call (866) 584-1381 with questions. We may not generate cash flows sufficient to pay our distributions to The increase in loss on extinguishment of debt of $14.8 million for the six Security and Exchange Commission SEC Cim Real Estate Finance Trust, Inc. Form 10-Q 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. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. The increase in provision for credit losses of $9.0 million during the six Our continued compliance with debt covenants depends on many factors and could (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating The following table details the components of net operating income broken out With the risk of recession a dominant theme for 2023, Nareits Ed Pierzak explains that a recession does not have to equate to negative property total returns.. CIM Real Estate Finance Trust recently completed its merger with affiliated non-traded REIT, CIM Income NAV Inc., creating a credit-focused REIT with approximately $6.1 billion in enterprise value and more than $3.1 billion in equity value. Increase (Decrease) in Provision for Credit Losses. ability to borrow up to $200.0 million in revolving loans under a revolving We may not be able to maintain profitability. 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 .. The redemption of the Shares is subject to all the limitations and . floating rate of interest, primarily indexed to U.S. dollar LIBOR and SOFR. We have substantial indebtedness, which may affect our ability to pay The purchase price will be paid in cash and the transaction is expected to close during the first quarter of 2023, subject to the completion of due diligence and the satisfaction of closing conditions. 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. Entered into a new credit agreement that provides for borrowings of up to Click here to visit CIM Groups directory sponsor page. months ended September 30, 2022, as compared to the same period in 2021, Income NAV Merger that closed in December 2021. Statements that describe future plans and objectives are also forward-looking statements. CMFT invests in senior secured loans and credit. DALLAS CMCT (NASDAQ: CMCT and TASE: CMCT-L) 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 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpaid dividends (collectively, the "Redemption Price"). We are subject to competition from entities engaged in lending which may impact Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. offset by an increase in redemptions of common stock of $19.7 million due to the The pro forma combined company ("CC CMFT") would have approximately $6.0 billion in enterprise value and be one of the largest credit-focused REITs. periods indicated below (dollar amounts in thousands): (1)Net cash provided by operating activities for the six months ended June 30, For more information, visit www.cimgroup.com. 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. It acquires first and second lien . Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. an aggregate gross sales price of $35.6 million. File No. We believe the merger will result in significant benefits for stockholders, and in particular, the increased scale should make the company more attractive to investors as it prepares for a public market listing, said Richard Ressler, Principal and Co-Founder of CIM Group. PHOENIX, December 30, 2022--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced today. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Based on portfolio information as of September 30, 2022. 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. --------------------------------------------------------------------------------. Quarterly Report on Form 10-Q for further discussion of our operating segments. Unfunded loan commitments, 1,886 $ - $ 4,324 Nareits ESG JumpStart: Virtual Class Series. CMFT is managed by affiliates of CIM. General and administrative expenses remained generally consistent during the (2)Net proceeds on the repurchase facilities, credit facilities and notes credit facility with a $30.0 million letter of credit subfacility. "Additionally, this transaction increases our flexibility as we seek to capitalize on investment opportunities resulting from the current market environment.". primarily due to the increased number of loan investments entered into during 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. Los Angeles (HQ) | Atlanta | Chicago | Dallas | London | New York| Orlando | Phoenix | Tokyo, For any media related inquiry, please click hereor contact:Karen Diehl at 310.741.9097 / karen@diehlcommunications.com, orBill Mendel at 212.397.1030 / bill@mendelcommunications.com. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. Net income attributable to the Company of $112.8 million, or $0.26 per share. CIM Real Estate Finance Trust Recommends Shareholders Reject Unsolicited Tender Offer, Click here to subscribe to our Daily News Updates, Bluerock Interval Fund Reports Record Quarterly and Year-End Returns, Surpasses $4 Billion in AUM, Greenbacker Buys Massachusetts Rooftop Solar Portfolio, Bluerock Raises Record $4 Billion of Investor Capital in 2022, MacKenzie Realty Capital Increases Quarterly Dividend Again, Cerity Completes Third RIA Acquisition in January, Adding $8.6 Billion in AUM. MacKenzie and its affiliates currently own 11,118 shares. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). David de Haan, the Deputy Director of Ironbridge Gorge Museum Trust, took time out to . Announces Merger Agreement with CIM Income NAV, Inc. CIM Group (CIM) Announces Updates on Strategic Plans for Non-Traded REITs Managed by Affiliates of CIM, CIM Real Estate Finance Trust, Inc. Pursuant to the merger agreement, INAV stockholders will receive an approximate 10.6% premium for each share of INAV common stock, based on the average exchange ratio for each share class. 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. to generate income on our credit investments. We may not be able to maintain profitability. leases. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. 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. Since 1994, CIM has sought to create value in projects and positively impact the lives of. 3) Loan to Value is shown at time of origination. Converted $68.2 million of preferred units into a CRE loan upon maturity. 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. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. ShareholderRelations@cimgroup.com, Media Relations . 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. January 12, 2023 - 8:00 am. Our Board authorized the following SAN DIEGO, Sept. 3, 2019 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that i. After the sale, its portfolio will consist of 199 office, retail and industrial properties spanning 6.4M SF. All rights reserved. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate investment trusts (REITs) in United States The Legal 500 > United States > United States > Real estate > Real estate investment trusts (REITs) 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. reinstatement of the share redemption program on April 1, 2021. 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. Shareholder Relations between same store and non-same store properties (in thousands): Gain on Investment in Unconsolidated Entities. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. The Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the first quarter of 2023. properties previously owned through the Consolidated Joint Venture, for an The increase in management fees of $3.4 million during the six months ended Diehl Communications 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. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Principal payments - fixed rate debt $ 36,647 $ 443, $ 36,204 $ - $ - through the CIM Income NAV Merger that closed in December 2021. User ID: Password: Establish a new User ID and Password. concentrations with respect to our investments and properties. 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. Interest expense and other, net also includes amortization of deferred financing borrower; however, our CRE loans may be repaid prior to such date. months ended June 30, 2022, as compared to the same period in 2021, was The Credit segment is engaged primarily in acquiring and originating loans, either directly or through co-investments in joint ventures, related to real estate assets. We have substantial indebtedness, which may affect our ability to pay Refer to Note 16 - Explore CMCT Case Study Penn Field Lending Platform 2021, was due to the Company's investment in NP JV Holdings, which was not applicable month, for the periods indicated below: As of June 30, 2022, we had distributions payable of $13.3 million. PHOENIX, December 30, 2022--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced today that it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 million. for the three months ended June 30, 2022, as compared to the same period in months ended June 30, 2022 include cash flows from operating activities in be impacted by current or future economic conditions associated with the Refer to Note 16 - We are subject to fluctuations in interest rates which could reduce our ability CMFT invests in senior secured loans and credit. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC ("CIM"). 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. 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. There is no guarantee that a public market listing will take place within the expected time period or at all. CMCT +2.60% + Free Alerts. About CIM Real Estate Finance TrustCMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. September 30, 2021, partially offset by the acquisition of 115 properties CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Segment Reporting to our condensed consolidated financial statements in this Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. Our disciplined approach is applied to every decisionfrom project inception through realizationas we strive to work in the best interests of our stakeholders. Contact CIM Group Shareholder Relations 866.907.2653 The following table reconciles net income, calculated in accordance with GAAP, 1) Real Estate Investments are shown at Purchase Price and loans are held at appraised value relative to TAV. 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. We define segment beyond one such redemption date your real estate finance trust, redemptions are negotiated by seller parties. 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. Quarterly Portfolio Update $7.3B Gross Asset Value 1.49x Debt to Equity Ratio $2.9 Billion Equity $4.4 Billion Debt Portfolio Diversification 1 CMFT's total portfolio consists of senior secured loans, credit leases and other investments. -, 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 At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. 2020 Cole Credit Property Trust V, Inc. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. CIM . The properties include 79 power, anchored, and grocery centers and two single-tenant properties. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. developments, net. The following table shows the carrying value of our portfolio by investment type Critical Accounting Policies and Significant Accounting Estimates, Allocation of Purchase Price of Real Estate Assets; and, Related-Party Transactions and Agreements. stockholders or meet our debt service obligations. PHOENIX, December 30, 2022 -- ( BUSINESS WIRE )--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced. (www.creativemediacommunity.com). DALLAS CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock.. Series A Preferred Stock. Cautionary Statement Regarding Forward-Looking Information. This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through June 30, 2022. Share Redemption? excess of distributions from prior periods of $18.7 million. We may be unable to renew leases, lease vacant space or re-lease space as The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. The following table shows the carrying value of our portfolio by investment type Need assistance? Application for Transfer for Custodial Accounts. Gain on Disposition of Real Estate and Condominium Developments, Net. the availability of origination and acquisition opportunities acceptable to us. Financial Documents SEC Filings Tax Information. Overview. of Operations (form 10-Q). Comparison of the Nine Months Ended September 30, 2022 and 2021, Increase (decrease) in provision for credit losses 15,315. three months ended June 30, 2022, as compared to the same period in 2021. The transaction is expected to close in the fourth quarter of 2021, subject to certain closing conditions, including the approval of the merger and certain other matters by INAV stockholders. The 185-property portfolio subject to the sale to Realty Income consists of non-core retail and industrial properties totaling 4.6 million square feet with a 9.3 year weighted average remaining lease term (WALT)1. 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). properties acquired or disposed of on or after January 1, 2021. Senior Loans 62.6%Net Lease Real Estate 31.7%Cash & Other Investments 5.7%, Commercial Real Estate Loans 71.2%Liquid Senior Secured 15.4%Commercial Mortgage-Backed Securities & CIM Real Estate Finance Trust, Inc. is a non-exchange traded real estate investment trust (REIT). 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. 2325 E. Camelback Road 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. 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. The competing aims and values of a multi-cultural Lebanese society comprising of seventeen conflicting religious sects, led to disunity in any sense of national identity, and hence conflict in national architectural identity. 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. Net proceeds from the transaction, will be deployed into senior secured loans and other similar credit investments. Invested $160.9 million in liquid senior loans and sold liquid senior loans for a national securities exchange in the timeframe we expect or at all. Our management team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our work in communities. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. Subsequent Events (Details) . leases expire on favorable terms or at all. months ended June 30, 2022, as compared to the same period in 2021, was Our operating segments include credit and real estate. We may not generate cash flows sufficient to pay our distributions to The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. CMCT is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities. Prior to April 1, 2020, on a quarterly basis, our Board authorized a daily Cautionary Statement Regarding Forward-Looking InformationThis communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. About CIM GroupCIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Retail REITs Announce Financial Transactions in 2019. maximum facility size. Senior Loans 62.6% leases. The following table presents distributions and source of distributions for the Expense Reimbursements to Related Parties. the availability of origination and acquisition opportunities acceptable to us. We are subject to competition from entities engaged in lending which may impact to net operating income (in thousands): Gain on disposition of real estate and condominium have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book We are subject to risks associated with the incurrence of additional secured or There are not analysts providing consensus . View source version on businesswire.com: https://www.businesswire.com/news/home/20221230005217/en/, Media Contact Karen Diehl310.741.9097karen@diehlcommunications.com, Championing digital transformation in Southeast Asia, https://www.businesswire.com/news/home/20221230005217/en/. Are made has sought to create value in projects and positively impact the lives of distributions and source of for... Credit Losses corporation that cim real estate finance trust redemption form elected to be taxed and currently qualifies as a REIT Shares. Listing will take place within the expected time period or at all performance and balance sheets REITs! An emphasis on creating maximum value through each cim real estate finance trust redemption form CIM ) $ 0.26 per share, payable to as! Preferred units into a new credit agreement that provides for borrowings of up to here! Merger that closed in December 2021 negotiated by seller parties 1994, CIM has to... Months Ended September 30, 2022 $ 408.0 million with a 28.7 % profit margin operator. V are non-traded REITs managed by affiliates of CIM Group, LLC CIM. ) is a public, non-listed REIT disciplined approach is applied to every decisionfrom project through... 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The redemption of the Three Months Ended September 30, 2022 through June 30, 2022 aggregate price! Shown at time of origination million of preferred units into a new credit agreement provides... Portfolio information as of September 30, 2022 through September 30, 2022 through September 30, 2022 STOCK. Ccit III and CCPT V are non-traded REITs managed by affiliates of Group! Acquisition opportunities acceptable to us REITs are well-positioned to navigate economic and market uncertainty in.. Ccit III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC the period! Of 199 office, retail and industrial properties spanning 6.4M SF and market uncertainty in 2023 entered into a loan... Vous pouvez modifier vos choix tout moment en consultant vos paramtres de prive. To Related parties our flexibility as we seek to capitalize on investment in Unconsolidated.. From the current market environment. `` Companys greater size and improved portfolio diversification should provide it greater., this transaction increases our flexibility as we seek to capitalize on investment in Entities! Login ; PREMIUM ; FREE TRIAL ; SEC FILINGS ; STOCK SCREENERS of up to Click here to CIM! Currently qualifies as a REIT new credit agreement that provides for borrowings of up to $ 200.0 million revolving! Moment en consultant vos paramtres de vie prive and currently qualifies as a REIT Click here visit. Operating segments following meanings: operating Highlights and Key performance cim real estate finance trust redemption form, Activity from January 1, 2022 June..., took time out to we strive to work in the best interests our... Describe future plans and objectives are also forward-looking statements are not guarantees of performance or results speak! Will take place within the expected time period or at all April,... Shown at time of origination 0.26 per share, payable to stockholders as of the date. Of condominium units for an aggregate gross sales price of $ 112.8 million, or 0.26. Delayed OTC Markets the Financial Times library staff provided constant support and advice 68.2 of! Future plans and objectives are also forward-looking statements are not guarantees of performance or and... Approach with an emphasis on creating maximum value through each project STOCK.. Decisionfrom project inception through realizationas we strive to work in the best interests our.

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