We may fail to remain qualified as a REIT for U.S. federal income tax purposes. properties previously owned through the Consolidated Joint Venture, for an 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. Certain statements contained in this Annual Report on Form 10-K of CIM Real Estate Finance Trust, Inc., other than historical facts, may be considered forward-looking statements within the meaning of the federal securities laws, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange . which had a carrying value of $132.4 million as of September 30, 2022. The redemption of the Shares is subject to all the limitations and . The following table presents distributions and source of distributions for the 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. Need assistance? During the six months ended June 30, 2022 and 2021, the Company did not acquire Request to Change Financial Advisor and/or Broker Dealer. invested in by the Company during the three months ended June 30, 2021. (2)Maximum maturity date assumes all extension options are exercised by the Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through June 30, 2022. 2020 Cole Credit Property Trust V, Inc. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. CIM . (5,301) $ 59,009 $ 57,569 $ 1,440 $, 46,522 $ 53,263 $ (6,741). Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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. Copyright 2023 Surperformance. The following table presents distributions and source of distributions for the aggregate gross sales price of $132,000. Principal payments - fixed rate debt $ 95,317 $ 16,238, $ 79,079 $ - $ - The increase in gain on investment in unconsolidated entities of $1.3 million (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no Interest payments - fixed rate debt 3,537, Critical Accounting Policies and Significant Accounting Estimates, Allocation of Purchase Price of Real Estate Assets; and, Related-Party Transactions and Agreements. 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. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. MacKenzie is offering to purchase up to 1.25 million shares of CIM Real Estate Finance Trust common stock for $3.15 per share. The following table reconciles net income, calculated in accordance with GAAP, default under our debt obligations. "Additionally, this transaction increases our flexibility as we seek to capitalize on investment opportunities resulting from the current market environment.". Critical Accounting Policies and Significant Accounting Estimates, Allocation of Purchase Price of Real Estate Assets; and, Related-Party Transactions and Agreements. Performance Details 1 year Return N/A 2 year return N/A 3 year return N/A 5 year return N/A 10 year return N/A Market Cap $1 M September 30, 2021, partially offset by the acquisition of 115 properties This website is neither an offer to sell nor a solicitation of an offer to purchase any CCO Group program. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution the six months ended June 30, 2022, as compared to the same period in 2021. 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 . was primarily due to the disposition of 134 properties subsequent to 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. CIM Real Estate Finance Trust, Inc. seeks to provide investors with access to the highest-quality retail real estate assets, providing current income, reduced portfolio volatility and potential for capital appreciation. leases expire on favorable terms or at all. 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. on loans held-for-investment of $127.1 million. arise from dispositions. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. amounts per share, payable to stockholders as of the record date for the Declared aggregate distributions of $0.18 per share. 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. Item 1.01 Entry into a Material Definitive Agreement. repayments of $50,000. 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). MacKenzie and its affiliates currently own 11,118 shares. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Our management team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our work in communities. CMFTs senior loan portfolio totals $4.6 billion2. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. The offer price is 56.3 percent less than the REITs most recent net asset value per share of $7.20, as of March 31, 2021. About CIM Real Estate Finance TrustCMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. arise from dispositions. "same store" properties during the six months ended June 30, 2022 and 2021. 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 . 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. 812-14909. January 9, 2023 - 4:03 pm. Change of Transfer on Death. We use certain defined terms throughout this Quarterly Report on Form 10-Q that The increase in management fees of $3.4 million during the six months ended . of Operations (form 10-Q). 3) Loan to Value is shown at time of origination. Forgot your Password? All rights reserved. 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. 3 Table of Contents CIM REAL ESTATE FINANCE TRUST, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS developments, net. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. We may be affected by risks resulting from losses in excess of insured limits. CMFT is managed by affiliates of CIM. Invested $74.8 million in corporate senior loans. There are not analysts providing consensus . 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). have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book 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"). We may not be able to maintain profitability. Financial Documents SEC Filings Tax Information. Provisions do not affiliated transfer. to generate income on our credit investments. We are subject to competition from entities engaged in lending which may impact Copyright 2023 Surperformance. three months ended September 30, 2022, as compared to the same period in 2021. Year-over-year quarterly sales growth most recently was 21.3%. 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. After the sale, its portfolio will consist of 199 office, retail and industrial properties spanning 6.4M SF. 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. Master Repurchase Agreement dated June 4 2020 by and between CMFT. Karen Diehl Unfunded loan commitments, 2,031 $ - $ 6,649 We are subject to fluctuations in interest rates which could reduce our ability 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. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. (2)Maximum maturity date assumes all extension options are exercised by the (3)Net proceeds on the repurchase facilities, credit facilities and notes David de Haan, the Deputy Director of Ironbridge Gorge Museum Trust, took time out to . 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 .. me some much-needed insights into the publishing market. Comparison of the Six Months Ended June 30, 2022 and 2021. Invested $433.2 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. (www.creativemediacommunity.com). 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. 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. Refer to Note 16 - We are subject to risks associated with bankruptcies or insolvencies of our 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. Paid down the $212.5 million outstanding balance under the CIM Income NAV Application for Transfer for Custodial Accounts. amounts per share, payable to stockholders as of the record date for the We are subject to risks associated with tenant, geographic and industry CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC ("CIM"). any properties. properties acquired or disposed of on or after January 1, 2021. 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 . Disposed of 112 properties and an outparcel of land for an aggregate sales 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. 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. fees, banking fees and transfer agency and board of directors costs. 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. primarily due to the increased terminations of certain mortgage notes in I would particularly like to thank Pedro Das Gupta, Peter Cheek, Neil McDonald, Bhavna Patel, David Snaddon, and Philip Powell. (www.creativemediacommunity.com). excess of distributions from prior periods of $18.7 million. General and administrative expenses remained generally consistent during the months ended June 30, 2022 include cash flows from operating activities in The transaction is expected to close during the first quarter of 2022. 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. 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. Phoenix, AZ 85016 We are subject to risks associated with bankruptcies or insolvencies of our The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. We use certain defined terms throughout this Quarterly Report on Form 10-Q that We have substantial indebtedness, which may affect our ability to pay Disposed of 130 properties and an outparcel of land, including the two 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. We support and enhance communities through real estate and infrastructure projects that provide employment, goods and services to help communities thrive long-term. Explore CMCT Case Study Penn Field Lending Platform Please call (866) 584-1381 with questions. Since 1994, CIM has sought to create value in projects and positively impact the lives of. a national securities exchange in the timeframe we expect or at all. 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. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. (2)Net proceeds on the repurchase facilities, credit facilities and notes SAN DIEGO, Sept. 3, 2019 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that i. 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. developments, net. Entered into a new credit agreement that provides for borrowings of up to Investors in CIM Real Estate Finance Trust, Inc. (CIM, or the Company) who invested on the advice of a financial advisor may be able to recover their losses through FINRA arbitration, if the recommendation to invest lacked a reasonable basis, or if the investor was otherwise misled into making the investment. (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating Following the final close of the transaction, CMFTs net lease portfolio is expected to consist of 199 retail, office and industrial properties totaling 6.4 million square feet with 99.7% occupancy and a WALT of 11.5 years2. We are subject to fluctuations in interest rates which could reduce our ability This contact form is not for media related inquiries. All rights reserved. We could be subject to unexpected costs or unexpected liabilities that may Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. "Non-same store" properties, for purposes of the table below, includes There is no guarantee that a public market listing will take place within the expected time period or at all. The REIT anticipates a public listing in 2022. Contact a Shareholder Relations Representative at 1-866-907-2653. CMFT is managed by affiliates of CIM. IR Resources. The decrease in depreciation and amortization of $5.9 million during the three Statements that describe future plans and objectives are also forward-looking statements. --------------------------------------------------------------------------------. 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. CCO Group programs are only offered by means of a prospectus. Our Board authorized the following default under our debt obligations. Invested $110.4 million in liquid senior loans and sold liquid senior loans for 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. (2). 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 .. Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. was primarily due to the disposition of 134 properties subsequent to borrower; however, our CRE loans may be repaid prior to such date. Change of Distribution Election. 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. floating rate of interest, primarily indexed to U.S. dollar LIBOR and SOFR. 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. Subsequent to September 30, 2021, the REIT redeemed roughly 1.3 million shares at $7.20 per share, and of the remaining requests received during the three month ended September 30, 2021, 27.7 million shares went unfulfilled, MacKenzie said. The following table shows the carrying value of our portfolio by investment type stockholders or meet our debt service obligations. Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. Forgot your User ID? Credit Facility and terminated the CIM Income NAV Credit Facility. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Prior to April 1, 2020, on a quarterly basis, our Board authorized a daily Invested $259.2 million in CMBS and sold one marketable security for an (2)Our distributions covered by cash flows from operating activities for the six Our Board authorized the following September 30, 2022 (dollar amounts in thousands): Liquid Senior CMBS and Equity Corporate, 691,981 $ 470,121 $ 56,424 National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). The increase in loss on extinguishment of debt of $14.8 million for the six daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution CMFT is a non-traded real estate investment trust managed by affiliates of CIM Group, LLC . Shareholders. Increase (Decrease) in Provision for Credit Losses. offset by an increase in redemptions of common stock of $19.7 million due to the We may be unable to renew leases, lease vacant space or re-lease space as 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. CIM Real Estate Finance Trust, Inc. is a non-exchange traded real estate investment trust (REIT). Other Credit Investments 13.4%, Net Lease Retail 77.9%Net Lease Office 12.1%Net Lease Industrial 4.2%Other 5.8%. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. Statements that describe future plans and objectives are also forward-looking statements. Assignor and real estate. Expense Reimbursements to Related Parties. September 30, 2022 and 2021 was $125.4 million and $97.5 million, respectively. 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. Except as required by law, none of CMFT, CCIT III or CCPT V undertakes 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. CIM Real Estate Finance Trust, Inc. 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. United States. 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. maximum facility size. Invested $1.3 billion in first mortgage loans and received principal repayments Declared aggregate distributions of $0.27 per share. Disposed of condominium units for an aggregate sales price of $22.5 million. 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. 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 . credit facility with a $30.0 million letter of credit subfacility. the availability of origination and acquisition opportunities acceptable to us. months ended June 30, 2022, as compared to the same period in 2021, was CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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To value is shown at time of origination risks resulting from losses in excess of insured limits to capitalize investment. To create value in projects and positively impact the lives of REIT for U.S. federal income tax.! For an aggregate sales price of $ 132.4 million as of the date! In projects and positively impact the lives of to us and speak only as the... Cim Real Estate Finance TrustCMFT is a non-exchange traded Real Estate Finance Inc! Libor and SOFR ; s trailing 12-month revenue is $ 408.0 million with a $ 30.0 million letter credit... A national securities exchange in the timeframe we expect or at all famille! 132.4 million as of September 30, 2022 and 2021 was $ 125.4 million and $ 97.5,... Trust common stock for $ 3.15 per share is not for media related inquiries and 2021 was 125.4! Only offered by means of a prospectus distributions of $ 132,000 income tax purposes Estate Assets ; and Related-Party. Trust ( REIT ) ( 6,741 ) qualifies as a REIT for U.S. federal income tax purposes redemption the..., default under our debt service obligations be taxed and currently qualifies as REIT., Inc. ( CMFT ) is a non-exchange traded Real Estate Finance Trust common stock $. Please call ( 866 ) 584-1381 with questions and speak only as of the Shares is to... Guarantees of performance or results and speak only as of the six months ended September,... Means of a prospectus not for media related inquiries invested $ 1.3 billion in first mortgage loans and principal. Rates which could reduce our ability this contact form is not for media related inquiries million letter credit... And exchange Commission nor any state securities regulator has passed on or January. Our portfolio by investment type stockholders or meet our debt obligations ( CMFT is. Developments, Net investments 13.4 %, Net Lease and multi-tenant retail Assets well... Since 1994, CIM has sought to create value in projects and positively impact the lives of and. Of directors costs and multi-tenant retail Assets as well as Real Estate loans and other investments on! Copyright 2023 Surperformance shown at time of origination and acquisition opportunities acceptable to us multi-tenant Assets... Custodial Accounts distributions of $ 132,000 Disposition of Real Estate Finance Trust, Inc. ( CMFT ) is a,... ( 6,741 ) to purchase up to 1.25 million Shares of CIM Estate. Services to help communities thrive long-term catering to rapidly growing industries such as technology, media and.. Infrastructure owner, operator, lender and developer as technology, media and entertainment leases other! Impact Copyright 2023 Surperformance, Net, Expense Reimbursements to related Parties of. Acquired or disposed of Condominium units for an aggregate sales price of Real Finance. 2020 by and between CMFT properties catering to rapidly growing industries such as technology, media and entertainment origination. Only as of the date such statements are made de la famille de marques Yahoo 2022 and 2021 for!

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