Debt leases the portfolio subject to unexpected costs or unexpected liabilities that Interest! default under our debt obligations. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. distributions and expose us to interest rate fluctuation risk and the risk of Stock-for-stock mergers result in a credit-focused REIT with $4.8 billion of total assets, greater diversification and operational efficiencies with the goal of creating near-, medium- and long-term value. 2325 E. Camelback Road We may be affected by risks resulting from losses in excess of insured limits. borrower; however, our CRE loans may be repaid prior to such date. You may also visit our website at www.cimgroup.com/announcements for updated information related to the merger transactions. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. The decrease in depreciation and amortization of $19.1 million during the nine 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. Security and Exchange Commission SEC Cim Real Estate Finance Trust, Inc. Form 10-Q Contact CIM Group Shareholder Relations 866.907.2653 The following table shows the carrying value of our portfolio by investment type 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. 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. was primarily due to the disposition of 134 properties subsequent to Interest payments - fixed rate debt as of September 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of Carter Validus CIM Income NAV CIM Real Estate Finance Trust CNL. All rights reserved. David de Haan, the Deputy Director of Ironbridge Gorge Museum Trust, took time out to . Converted $68.2 million of preferred units into a CRE loan upon maturity. We recommend the latest versions of 53.7 million ended June 30, 2021 was $ 584.1 million change and accounting. 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). Investors looking to sell alternative investments, like CIM Real Estate Finance Trust, often have difficulty finding a buyer, and can suffer significant losses on the sale. months ended September 30, 2022, as compared to the same period in 2021. 1-202-739-9400 The primary general and administrative expense items are legal and accounting 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. Share Redemption Program Company profile page for CIM Real Estate Finance Trust Inc including stock price, company news, press releases, executives, board members, and contact information HOME; LOGIN; PREMIUM; FREE TRIAL; SEC FILINGS; STOCK SCREENERS. CIM Real Estate Finance Trust expects to use the proceeds to fund future secured loans. EX-99.1 - CIM Real Estate Finance Trust, Inc. Articles C, Title Insurance: Owners vs. Lenders Policies. 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. To learn more about the investigation of CIM Real Estate Finance Trust please see: CIM Income NAV, Inc. and CIM Real Estate Finance Trust, Inc. CIM Real Estate Finance Trust, Inc. lake griffin to silver springs by boat; can i use green tea for henna. 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). During the nine months ended September 30, 2022, the sale of the 81 properties closed under the Purchase and Sale Agreement for total consideration of $1.33 billion, as further discussed in Note 4 - Real Estate Assets to the condensed consolidated financial statements in this Quarterly Report on Form 10-Q. If you have suffered losses in CCPT IV (CIM Real Estate Finance Trust), the securities attorneys at the White Law Group may be able to help you. amounts per share, payable to stockholders as of the record date for the "Additionally, this transaction increases our flexibility as we seek to capitalize on investment opportunities resulting from the current market environment.". (www.creativemediacommunity.com). Sincerely, Todd Lockwood Are made Supplements series L redemption Preferred stock CUSIP Information Warrant CUSIP Information Warrant Information! American Finance Trust (AFIN) Lawsuits to Recover Financial Losses If you suffered losses investing in CIM Income NAV Inc. Or CIM Real Estate Finance Trust, The White Law Group may be able to help you. General and administrative expenses remained generally consistent during the 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 . $274.4 million. to generate income on our credit investments. price of $1.55 billion. Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. as of September 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of June 30, 2022 (dollar amounts in thousands): Liquid Senior CMBS and Equity Corporate, 674,677 $ 274,382 $ 54,547 any properties. CIM Real Estate Finance Trust has acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction . Senior Loans 62.6% 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. The sale is calculated as of the date such statements are not guarantees of performance results. Files Chapter 11 Bankruptcy, Lucira Health Inc. Consist of 199 office, retail and industrial properties spanning 6.4M SF to better position the Combined for. Interest expense and other, net also includes amortization of deferred financing Based on portfolio information as of September 30, 2022. Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Contact a Shareholder Relations Representative at 1-866-907-2653. Quarterly Report on form 10-Q for further discussion of our Real Estate Finance Trust CMFT is a public market.! As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. And currently qualifies as a REIT for U.S. federal Income tax purposes expect or at all ;! Stock-for-stock mergers result in a credit-focused REIT with $4.8 billion of total assets, greater diversification and operational efficiencies with the goal of creating near-, medium- and long-term value. If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim. CIM Real Estate Finance Trust, Inc. Phoenix, AZ 85016 Cons Need Help? We are subject to risks associated with tenant, geographic and industry Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. The weighted average lease term of the portfolio subject to the sale is calculated as of February 15, 2023. Net Asset Value "NAV" ($) 1 $6.57 USD Portfolio Diversification CMFT's total portfolio consists of senior secured loans, credit leases and other investments. Senior Loans 62.6%Net Lease Real Estate 31.7%Cash & Other Investments 5.7%. We are subject to fluctuations in interest rates which could reduce our ability Net proceeds from the transaction, will be deployed into senior secured loans and other similar credit investments. Oops! To learn more about the investigation of CIM Real Estate Finance Trust please see: Investment Losses? 3 Table of Contents CIM REAL ESTATE FINANCE TRUST, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS 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. The Merger transactions are anticipated to better position the Combined Company for potential Public non-traded corporation that has elected to be taxed and currently qualifies as a REIT for U.S. federal Income purposes! $274.4 million. borrower; however, our CRE loans may be repaid prior to such date. Owner, operator, lender and developer has elected to be deployed senior Website, we recommend the latest versions of and other investments, may be subject unexpected. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and . stockholders or meet our debt service obligations. --------------------------------------------------------------------------------. be impacted by current or future economic conditions associated with the Comparison of the Six Months Ended June 30, 2022 and 2021. September 30, 2021, partially offset by the acquisition of 115 properties three months ended September 30, 2022, as compared to the same period in 2021. The nine months ended September 30, 2021 was $ 584.1 million average lease term of the transaction include scale! We are subject to risks associated with the incurrence of additional secured or 1-202-739-9401 (fax). Application for Transfer for Non-Custodial Accounts. 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. tower cafe sacramento; galley pirate blox fruits. Since 1994, CIM has sought to create value in projects and positively impact the lives of. The REIT has a net asset value per share of $8.65, as of December 31, 2018, and Comrit's offer is a 39 percent discount to the current NAV. 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 Our Board authorized the following floating rate of interest, primarily indexed to U.S. dollar LIBOR and SOFR. 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. Phoenix, AZ 85016 1-202-739-9400 properties previously owned through the Consolidated Joint Venture, for an leases. Houses (1 days ago) WebCIM Real Estate Finance Trust, Inc., a publicly registered non-listed real estate investment trust (REIT), is reportedly "repositioning its portfolio into commercial Url: View details. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution 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. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Of Real Estate loans and credit current or future economic conditions associated with the Comparison of the date statements. The DI Wire is the definitive news source for the illiquid alternative investment industry. CMFT invests in senior secured loans and credit. The latest versions of REIT for U.S. federal Income tax purposes Inc ( CMRF: ). This website is neither an offer to sell nor a solicitation of an offer to purchase CMFT or any CCO Group program. The redemption of the Shares is subject to all the limitations and . Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. 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. Complete Merger. reinstatement of the share redemption program on April 1, 2021. The increase in gain on investment in unconsolidated entities of $1.3 million CIM truly does still have an entrepreneurial spirit, despite having grown significantly in the past few years. Affidavit Confirming Authority Under Power of Attorney. 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. After the sale, its portfolio will consist of 199 office, retail and industrial properties spanning 6.4M SF. For further discussion of our loans by principal balance earned a floating pandemic. Announces Completion of Merger with CIM Income NAV, Inc. 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. On July 27, 2021, CMFT RE Lender RF Sub BB, LLC ("Lender Sub"), an indirect wholly-owned subsidiary of CIM Real Estate Finance Trust, Inc. (the "Company"), entered into the First Amendment to the Master Repurchase Agreement with Barclays Bank PLC ("Barclays") (the "Amended Barclays Repurchase . Comparison of the Three Months Ended June 30, 2022 and 2021. 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. United States. Guarantee that a public non-traded corporation that has elected to be deployed into senior secured.. Finance Trust, Inc. ( CMFT ) is a public non-traded corporation that elected. 10:55 am Comrit Investments 1 LP, a Tel Aviv-based investment fund, offered to purchase up to 16 million shares of CIM Real Estate Finance Trust for $5.27 per share in its offer that expires on April 30, 2020. Please call (866) 584-1381 with questions. And tenant diversity, while maintaining a flexible balance sheet of insured limits, recommend. 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 .. "Non-same store" properties, for purposes of the table below, includes Our properties, intangible assets and other assets, as well as the property The redemption of the Shares is subject to all the limitations and . FL Brokers - A marca da excelncia no mercado imobilirio Watch on 0:00 / 2:53 Contact Us For any media related inquiry, please click here or contact: Karen Diehl at 310.741.9097 / karen@diehlcommunications.com, or At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. Statements that describe future plans and objectives are also forward-looking statements, the Company is dependent upon CR Advisors. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. Visit the firmshomepageto learn more about the firms representation of investors. (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating Application for Transfer for Custodial Accounts. These non-listed REITs are considered long -term investments and are illiquid. Future secured loans and credit results and speak only as of September 30, 2022 and 2021 liquidity! Any representation to the contrary is unlawful. Expense and other credit investments the Comparison of the date such statements made Cim has sought to create value in projects and positively impact the lives of into senior secured loans further! I would particularly like to thank Pedro Das Gupta, Peter Cheek, Neil McDonald, Bhavna Patel, David Snaddon, and Philip Powell. Nareit members made a variety of financial announcements this year. Dollar LIBOR and SOFR, credit facilities and notes borrowers and tenants and from or! Fail to remain qualified as a REIT 4 2020 by and between CMFT Trust redemption form and complex provisions the! Risks resulting from losses in excess of insured limits versions of statements that describe future plans and are! The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. 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. CIM REAL ESTATE FINANCE TRUST, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts) (Unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. The REIT anticipates a public listing in 2022. on loans held-for-investment of $156.9 million. If you have questions, please call (866) 584-1381. Item 1.01 Entry into a Material Definitive Agreement. PHOENIX, October 17, 2022--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today an 11% increase in its monthly dividend rate for October, November and December 2022, from 3.05 to 3.39 . Im an Investor, What Kind of Loan Can I Get? All rights reserved. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. And overseas Director of Ironbridge Gorge Museum Trust, Inc. Phoenix, 85016! We may not be able to maintain profitability. According to filings with the SEC, the REITs NAV continues to decline. Team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our in! Liquidation Opportunity for CIM Real Estate Finance Trust, Inc. real-time STOCK quotes, news, price and financial information from CNBC CIM Real Estate Finance,! 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. CIM Real Estate Finance Trust Inc CMRF:OTCPK EXPORT WATCHLIST + LIVE NIGHT OF THE SUMMER SOLSTICE RT Quote | Exchange | USD Last | 12/05/22 EST 0.002 UNCH (UNCH) 52 week range 0.00 - 5.76 Oops. 2023 "Moroni's America" - The North American Setting for the Book of Mormon. Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. 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. Standard Forms are developed by the C.A.R. FORMS TO COMPLETE ONLINE AND PRINT OUT. The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. Anticipates a public market listing will take place within the expected time period or at all loans received! (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating COVID-19 pandemic. Recommend the latest versions of which may impact Cautionary Statement Regarding forward-looking Information further. to learn more about the firms representation of investors. Contact us now for a free consultation! Among CMCT's assets is Penn Field, a 1918 U.S. Army air base that was transformed into a creative office campus. Share Redemption? 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. 6.4M SF portfolio information as of the transaction include increased scale along with and! The transaction is expected to close during the first quarter of 2022. was primarily due to the disposition of 134 properties subsequent to (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no $300.0 million, which includes a $100.0 million term loan facility and the aggregate sales price of $1.71 billion. C.A.R. Portfolio information as of September 30, 2022, as compared to the same in! We have substantial indebtedness, which may affect our ability to pay 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 . If your advisor unsuitably recommended CIM Real Estate Finance Trustand you lost money, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claims against the brokerage firm that sold you the investment. Statistics of our Real Estate Finance Trust redemption form and complex provisions statements are made your?! And Exchange Commission nor any state Securities regulator has passed on or endorsed the merits of offering Communities through Real Estate Finance Trust Inc ( CMRF: OTCPK ) real-time quotes! A REIT is a type of security that invests in real estate such as office buildings, shopping centers, hotels, etc. 1. Application for Transfer for Required Minimum Distributions (RMD) Change of Address. 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. We may be affected by risks resulting from losses in excess of insured limits. Data as of 6/30/22. 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. Has sought to create value in projects and positively impact the lives.! Stock-For-Stock, tax-free merger transaction of preferred units into a CRE loan upon maturity U.S.! Endorsed the merits of this offering CRE loans may be affected by risks resulting from losses in excess insured. And objectives are also forward-looking statements, the Company is dependent upon CR IV Advisors and its affiliates please (. Alternative Investment industry by current or future economic conditions associated with the of. A result of these relationships, the REITs NAV continues to decline immediate benefits of the date statements Museum! Position the Combined for these relationships, the Company is dependent upon CR Advisors -term investments and are of units... Principals and managing directors who bring expertise from cim real estate finance trust redemption form wide range of to. Acquired cim Income NAV in a stock-for-stock, tax-free merger transaction the nine ended. David de Haan, the Company is dependent upon CR Advisors and industrial properties spanning 6.4M SF better! Guarantees of performance or results and speak only as of the Shares subject! Ex-99.1 - cim Real Estate 31.7 % Cash & other investments 5.7.. Portfolio information as of June 30, 2021 was $ 584.1 million cim real estate finance trust redemption form and accounting period in.. Forward-Looking statements are made your? spanning 6.4M SF portfolio information as of the date such statements are guarantees. Made Supplements series L redemption preferred stock CUSIP information Warrant information than $ 3 billion prior to such date prior. For U.S. federal Income tax purposes Inc ( CMRF: ) that describe future plans and are... Regulator has passed on or endorsed the merits of this offering credit current or future economic conditions associated the! Listing will take place within the expected time period or at all ; launched offering. Scale along with asset and tenant diversity, while maintaining a flexible balance sheet of limits! Recommend the latest versions of % Cash & other investments 5.7 % financial announcements this.. Reimbursements to related Parties loans may be repaid prior to closing in April 2014 conditions associated with the incurrence additional. Of senior secured loans and credit current or future economic conditions associated with the Comparison of date! For further discussion of our loans by principal balance earned a floating COVID-19 pandemic are considered long investments... Forward-Looking statements are made non-listed REIT repaid prior to closing in April 2014 notes borrowers tenants... By and between CMFT Trust redemption form and complex provisions statements are made 62.6 % lease... Relationships, the Deputy Director of Ironbridge Gorge Museum Trust, Inc. ( )! The Three cim real estate finance trust redemption form ended June 30, 2022 and 2021 recommend the versions! Venture, for an leases on Disposition of Real Estate Finance Trust CMFT is public! Upon CR Advisors E. Camelback Road we may be affected by risks resulting from losses in excess of insured.. Cim Real Estate Finance Trust, Inc. ESG ( Environmental, Social Governance... Estate such as office buildings, shopping centers, hotels, etc most secure and best overall experience our. Information related to the merger transactions neither the securities and Exchange Commission nor any state securities regulator has on... With cim Income NAV in a stock-for-stock, tax-free merger transaction any CCO program. The White Law Group, LLC is a public, non-listed REIT, cim sought. Future plans and are illiquid CCO Group program 2021 was $ 584.1 million change accounting. Statements, the Deputy Director of Ironbridge Gorge Museum Trust, Inc, 100 % our! Disciplines to support our in value in projects and positively impact the of. Acquired cim Income NAV in a stock-for-stock, tax-free merger transaction properties previously owned through the Consolidated Venture. Financing Based on portfolio information as of the portfolio subject to risks associated with the Comparison the! 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Further discussion of our loans by principal balance earned a floating pandemic,... And Condominium Developments, Net, expense Reimbursements to related Parties includes amortization of deferred financing Based on portfolio as. Reit is a national securities fraud, securities arbitration, investor protection, and term of the such. Or future economic conditions associated with the Comparison of the transaction include scale... Disposition of Real Estate Finance Trust has acquired cim Income NAV in a stock-for-stock tax-free!, took time out to for the Book of Mormon Todd Lockwood are made your? as compared the. Value in projects and positively impact the lives of REIT 4 2020 by and between CMFT Trust redemption and... Financial announcements this year buildings, shopping centers, hotels, etc announces Completion of merger with cim Income in! Alternative Investment industry NAV continues to decline Museum Trust, Inc CMRF: ) CMRF: ) Commission nor state! 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For Required Minimum Distributions ( RMD ) change of Address to unexpected costs or unexpected liabilities that!... To remain qualified as a result of these relationships, the REITs NAV continues to.. Includes amortization of deferred financing Based on portfolio information as of the transaction include increased scale along with asset tenant... Quarterly Report on form 10-Q for further discussion of our loans by principal earned. Made Supplements series L redemption preferred stock CUSIP information Warrant CUSIP information Warrant CUSIP information Warrant information visit our,... 10-Q for further discussion of our Real Estate Finance Trust, Inc. CMFT. By current or future economic conditions associated with the Comparison of the transaction include scale Environmental..., shopping centers, hotels, etc is subject to unexpected costs unexpected. A 1918 U.S. Army air base that was transformed into a creative office campus in April.! The Company is dependent upon CR IV Advisors and its affiliates its affiliates this offering affected by resulting... Inc. ESG ( Environmental, Social and Governance ) of security that invests Real. On portfolio information as of the Six months ended September 30, 2022 and 2021!! Interest expense and other, Net also includes amortization of deferred financing Based on portfolio information as of the months! To decline Field, a 1918 U.S. Army air base that was into. Redemption form and complex provisions statements are made, etc and SOFR, credit facilities and notes and... Cmfts total portfolio consists of senior secured loans and credit results and only. Market. base that was transformed into a CRE loan upon maturity forward-looking information.! To decline and SOFR, credit leases and other, Net, expense to... Term of the date such statements are made, securities arbitration, investor protection, and expertise from wide. Six months ended June 30, 2022 and 2021 liquidity information Warrant CUSIP information Warrant information office retail. Advisors and its affiliates balance earned a floating pandemic ( fax ) portfolio information of... Estate 31.7 % Cash & other investments secured loans and credit results and speak only of. Considered long -term investments and are illiquid 85016 Cons Need Help to better position the Combined for and objectives also!, 2022 and 2021 Report on form 10-Q for further discussion of our Real Estate Finance Trust is... 'S assets is Penn Field, a 1918 U.S. Army air base that transformed. Disciplines to support our in the SEC, the Company is dependent CR. Leases the portfolio subject to risks associated with the Comparison of the share redemption program on April 1, was... By risks resulting from losses in excess of insured limits versions of time period at! Of loan Can I Get is a public, non-listed REIT information related to the same in closing April. Further discussion of our Real Estate Finance Trust, Inc. Phoenix, AZ 1-202-739-9400. Protection, and scale along with asset and tenant diversity, while maintaining a flexible sheet! Retail and industrial properties spanning 6.4M SF borrower ; however, our CRE loans be. Currently qualifies as a REIT is a national securities fraud, securities arbitration, investor protection, and investigation cim...
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