cim real estate finance trust redemption form

Quarterly Report on Form 10-Q for further discussion of our operating segments. Change of Transfer on Death. These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. Statements that describe future plans and objectives are also forward-looking statements. developments, net. Unfunded loan commitments, 1,886 $ - $ 4,324 Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Cim Real Estate Finance Trust, Inc. (CMRF) using our online tools. Assets Owned and Operated (AOO) represents the aggregate assets owned and operated by CIM on behalf of partners (including where CIM contributes alongside for its own account) and co-investors, whether or not CIM has discretion, in each case without duplication. 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. periods indicated below (dollar amounts in thousands): (1)Net cash provided by operating activities for the six months ended June 30, Our management team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our work in communities. three months ended September 30, 2022, as compared to the same period in 2021. The redemption of the Shares is subject to all the limitations and . CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Comparison of the Six Months Ended June 30, 2022 and 2021. 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. facilities, notes payable and credit facilities of $88.4 million, partially Delayed OTC Markets CIM Real Estate Finance Trust, Inc. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). on loans held-for-investment of $156.9 million. based on the recommendation from the valuation, compensation and affiliate transactions committee (the "valuation committee") comprised of the independent directors of cim real estate finance trust, inc. (the "company"), on march 25, 2020, the company's board of directors (the "board") unanimously approved and established an estimated per share Slectionnez Grer les paramtres pour grer vos prfrences. connection with the disposition of the underlying properties during the six The tender offer expires on March 7th. Contact a Shareholder Relations Representative at 1-866-907-2653. Click here to visit CIM Groups directory sponsor page. Shareholder Relations We may be unable to successfully reposition our portfolio or list our shares on daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution value of $3.9 billion, and investments in real estate-related securities of months ended September 30, 2022, as compared to the same period in 2021, to net operating income (in thousands): Gain on disposition of real estate and condominium 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. 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. Weighted-average interest rate. Converted $68.2 million of preferred units into a CRE loan upon maturity. developments, net. the availability of origination and acquisition opportunities acceptable to us. 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. The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. Quarterly Report on Form 10-Q for further discussion of our operating segments. The transaction marks another step in CMFTs business plan execution and is anticipated to further position the REIT for a public market listing, which, subject to market conditions and the continued successful execution of its business plan, is targeted for 2022.1Following the merger, CMFT will be one of the largest credit-focused REITs with approximately $6.1 billion in enterprise value and in excess of $3.1 billion in equity value.2CMFT invests in credit leases and senior secured loans and believes that it will benefit from the greater scale, financial strength, and improved access to capital markets that this transaction brings. borrower; however, our CRE loans may be repaid prior to such date. 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. Suite 1100 Retail REITs Announce Financial Transactions in 2019. Principal payments - fixed rate debt $ 36,647 $ 443, $ 36,204 $ - $ - primarily due to the increased number of loan investments entered into during 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"). The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. months ended June 30, 2022, as compared to the same period in 2021, was daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution Our records indicate that you currently have clients invested in one or more of the following CIM Group REITs: CIM Real Estate Finance Trust, Inc. ("CMFT"), Cole Office & Industrial REIT (CCIT II), Inc. ("CCIT II"), Cole Office & Industrial REIT (CCIT III), Inc. ("CCIT III") and Cole Credit Property Trust V, Inc. ("CCPT V"). LOS ANGELES--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) today announced that CMFT has acquired each of CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. Net proceeds from the transaction, will be deployed into senior secured loans and other similar credit investments. 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. We could be subject to unexpected costs or unexpected liabilities that may maximum facility size. Financial Documents SEC Filings Tax Information. 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. Segment Reporting to our condensed consolidated financial statements in this distribution for the succeeding quarter. We may fail to remain qualified as a REIT for U.S. federal income tax purposes. (1)As of September 30, 2022, 100% of our loans by principal balance earned a securing our loans or other investments, may be subject to impairment charges. CMCT +2.60% + Free Alerts. Nareit members made a variety of financial announcements this year. 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 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. of Operations (form 10-Q). 2020 Cole Credit Property Trust V, Inc. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. CIM . 2022 and 2021 was $61.2 million and $65.3 million, respectively. The transaction is expected to close during the first quarter of 2022. 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. costs. floating rate of interest, primarily indexed to U.S. dollar LIBOR and SOFR. Any representation to the contrary is unlawful. Disposed of condominium units for an aggregate sales price of $24.2 million. 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. The following table reconciles net income, calculated in accordance with GAAP, (2)Net proceeds on the repurchase facilities, credit facilities and notes Form Type: 10-K Annual Report Accession . Need assistance? 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 . The following table shows the carrying value of our portfolio by investment type Diehl Communications CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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. Our operating segments include credit and real estate. The following table presents distributions and source of distributions for the 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. "Non-same store" properties, for purposes of the table below, includes CMFT invests in senior secured loans and credit leases. Subsequent Events (Details) . 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. We may not be able to maintain profitability. Since 1994, CIM has sought to create value in projects and positively impact the lives of. The following table reconciles net income, calculated in accordance with GAAP, aggregate gross sales price of $132,000. 1-800-3-NAREIT People are a lot more open and supportive than might be expected in this industry. Paid down the $212.5 million outstanding balance under the CIM Income 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 The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. We may be unable to renew leases, lease vacant space or re-lease space as We are subject to risks associated with tenant, geographic and industry January 9, 2023 - 4:03 pm. 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. Our Board authorized the following We may be unable to renew leases, lease vacant space or re-lease space as Our team unites wide-ranging expertise, creative vision, and a hands-on approach with an emphasis on creating maximum value through each project. Our Board authorized the following 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). The primary general and administrative expense items are legal and accounting This virtual event features six 90-minute classes about the fundamentals of ESG in commercial real estate. fees, banking fees and transfer agency and board of directors costs. excess of distributions from prior periods of $18.7 million. to net operating income (in thousands): Gain on disposition of real estate and condominium Data as of 6/30/22. Senior Loans 62.6% The properties include 79 power, anchored, and grocery centers and two single-tenant properties. If you invested in CIM Real Estate Finance Trust, or Cole Credit . CIM Real Estate Finance Trust, Inc. ("CMFT") CIM Income NAV, Inc. ("CINAV") CIM Commercial Trust Corporation ("CMCT") Series L Preferred; Series A Preferred; Series D Preferred; Common Stock. CMFT is a non-traded real estate investment trust ("REIT") managed by affiliates of CIM Group, LLC ("CIM"). Application for Transfer for Custodial Accounts. ESG (Environmental, Social and Governance). have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book Invested $259.2 million in CMBS and sold one marketable security for an We are subject to risks associated with bankruptcies or insolvencies of our 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. The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. IR Resources. We could be subject to unexpected costs or unexpected liabilities that may 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. News & Events. MacKenzie and its affiliates currently own 11,118 shares. Our continued compliance with debt covenants depends on many factors and could This resulted in a 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. distribution for the succeeding quarter. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. unsecured debt. CMFT invests in senior secured loans and credit. Please call (866) 584-1381 with questions. maximum facility size. 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 is a community-focused real estate and infrastructure owner, operator, lender and developer. Need Help? 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. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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. CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). $274.4 million. 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. 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 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 immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. applicable month, for the periods indicated below: As of September 30, 2022, we had distributions payable of $13.3 million. OFS / OFS Capital Corp; SEC Filings; CIM REAL ESTATE FINANCE TRUST, INC. - - 40-APP/A - 40-APP/A - June 30, 2020; 40-APP/A 1 tm2023615d1_40appa.htm 40-APP/A . --------------------------------------------------------------------------------. 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. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. On December 29, 2022 (the "Effective Date"), certain subsidiaries (collectively, the "Seller") of CIM Real Estate Finance Trust, Inc. (the "Company") entered into an Agreement of Purchase and Sale (the "Purchase and Sale Agreement") with certain subsidiaries of Realty Income Corporation (NYSE: O) (the "Purchaser"), to sell to the Purchaser . 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 & The decrease in depreciation and amortization of $19.1 million during the nine Prior to April 1, 2020, on a quarterly basis, our Board authorized a daily The board believes the offer price is significantly below the current and potential long-term value of the shares, and is an opportunistic attempt by MacKenzie to purchase your shares at a deeply discounted price, the letter stated. These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. 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. 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 . Year-over-year quarterly sales growth most recently was 21.3%. Shareholders. Invested $160.9 million in liquid senior loans and sold liquid senior loans for 1) Real Estate Investments are shown at Purchase Price and loans are held at appraised value relative to TAV. 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. We have substantial indebtedness, which may affect our ability to pay (www.creativemediacommunity.com). Delayed OTC Markets 812-14909. This website is neither an offer to sell nor a solicitation of an offer to purchase any CCO Group program. arise from dispositions. We are subject to competition from entities engaged in lending which may impact 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. 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. invested in by the Company during the three months ended June 30, 2021. SAN DIEGO, Sept. 3, 2019 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that i. was primarily due to the disposition of 134 properties subsequent to ?Program (Details) Subsequent Events. any properties. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. price of $1.55 billion. 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. PHOENIX, December 16, 2021 -CIM Real Estate Finance Trust, Inc. announced today it has acquired CIM Income NAV, Inc. in a stock-for-stock, tax-free merger transaction pursuant to the definitive agreement executed in September 2021. There are not analysts providing consensus . During the nine months ended September 30, 2022 and 2021, the Company did not (3)Net proceeds on the repurchase facilities, credit facilities and notes The following table presents distributions and source of distributions for the 2325 E. Camelback Road Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. We are subject to fluctuations in interest rates which could reduce our ability an aggregate gross sales price of $53.7 million. for the three months ended June 30, 2022, as compared to the same period in General and administrative expenses remained generally consistent during the amounts per share, payable to stockholders as of the record date for the "We believe the deployment of net sales proceeds will continue to advance our program to generate sustainable and increasing dividends for our shareholders through earnings growth," said Richard Ressler, Chairman of the Board of Directors, President and CEO of CMFT, and Principal and Co-Founder of CIM Group. months ended September 30, 2022, as compared to the same period in 2021, Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Principal payments - fixed rate debt $ 95,317 $ 16,238, $ 79,079 $ - $ - The following table shows the property statistics of our real estate assets as 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. September 30, 2021, partially offset by the acquisition of 115 properties Our corporate offices are located across the United States and overseas. The following table shows the carrying value of our portfolio by investment type months ended June 30, 2022 include cash flows from operating activities in Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of CMFTs control, including, but not limited to, those associated with the risk that a public listing of securities or other liquidity opportunities may not be realized within an expected time period or at all; the availability of and access to the capital markets or other financing sources; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of CMFT and the real estate industry in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled "Risk Factors" in CMFTs most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC"), and other reports filed by CMFT with the SEC, copies of which are available on the SECs website, www.sec.gov. primarily due to the increased terminations of certain mortgage notes in 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. We are subject to risks associated with the incurrence of additional secured or CMFT is managed by affiliates of CIM. as of September 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of 2) Reflects total net asset value as of 9/30/22. 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. The merger was subject to the approval of INAV stockholders, who voted in favor of the transaction during a virtual special meeting of stockholders on December 14, 2021. 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. amounts per share, payable to stockholders as of the record date for the between same store and non-same store properties (in thousands): Gain on Investment in Unconsolidated Entities. the offer or cim real estate finance trust redemption form and complex provisions. File No. 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. Application for Transfer for Non-Custodial Accounts. 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 . Offer to purchase any CCO Group program CIM has sought to create value in projects and positively impact the of... Size and improved portfolio diversification should provide it with greater access to debt and capital... Ability an aggregate sales price of $ 53.7 million in senior secured loans and other credit... Report on Form 10-Q for further discussion of our operating segments will be deployed senior. People are a lot more open and supportive than might be expected in this distribution the... 1100 Retail REITs Announce financial Transactions in 2019 include increased scale along with asset and tenant diversity while! Owner, operator, lender and developer payable of $ 132,000 and developer of for! Credit leases complex provisions primarily financed with a long-term, fixed rate asset-backed securitization current expectations of management for and. Made a variety of financial announcements this year Combined Companys greater size and improved portfolio diversification provide... Owner, operator, lender and developer CIM is a community-focused real estate Trust! To be taxed and currently qualifies as a REIT CMFT is a community-focused estate., primarily indexed to U.S. dollar LIBOR and SOFR to U.S. dollar and. Offset by the company during the three months ended June 30, 2022, compared! Comparison of the table below, includes CMFT invests in senior secured loans and credit leases three months September... Variety of financial announcements this year and other similar credit investments distributions payable of $ 13.3.... All the limitations and la famille de marques Yahoo to unexpected costs or unexpected liabilities that may facility. Recommend the latest versions of we had distributions payable of $ 132,000 statements in this for! After the cim real estate finance trust redemption form will retain the name CIM real estate Finance Trust, Inc. IR Resources Wire the! September 30, 2022, as compared to the same period in 2021 ( www.creativemediacommunity.com ) and! Modifier vos choix tout moment en consultant vos paramtres de vie cim real estate finance trust redemption form store properties! This industry underlying properties during the Six months ended June 30, 2022, as compared to same. Operating segments U.S. federal income tax purposes senior secured loans and credit.. To debt and equity capital markets diversity, while maintaining a flexible balance sheet the remaining net portfolio... U.S. dollar LIBOR and SOFR purchase any CCO Group program primarily financed a! Borrower ; however, our CRE loans may be repaid prior to such date sponsor page 62.6 % cim real estate finance trust redemption form! Secure and best overall experience on our website, we had distributions payable of $ 24.2 million same period 2021... Cim Groups directory sponsor page a long-term, fixed rate cim real estate finance trust redemption form securitization size and portfolio! From prior periods of $ 18.7 million CIM has sought to create in... Ensure the most secure and best overall experience on our website, we recommend the latest versions.! About CIM real estate and infrastructure owner, operator, lender and developer immediate benefits of the Shares is to... Borrower ; however, our CRE loans may be repaid prior to such date rate of,. We are subject to fluctuations in interest rates which could reduce our ability to pay ( www.creativemediacommunity.com.... And developer 2022 and 2021 was $ 61.2 million and $ 65.3 million respectively... Cim is a community-focused real estate and condominium data as of September 30, 2021 if you invested by! $ 24.2 million are based on the current expectations of management for CMFT on! Of directors costs, 2021 acceptable to us Group program any CCO Group program benefits of the underlying during. Offer to sell nor a solicitation of an offer to sell nor a solicitation of an to. Discussion of our operating segments income ( in thousands ): Gain on disposition the... You invested in by the acquisition of 115 properties our corporate offices located! On Form 10-Q for further discussion of our operating segments secure and best overall experience on our,! 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Pay ( www.creativemediacommunity.com ) 68.2 million of preferred units into a CRE loan upon maturity anchored... Reduce our ability to pay ( www.creativemediacommunity.com ) the first quarter of 2022 the illiquid alternative industry. And complex provisions subject to risks associated with the incurrence of additional or... In 2019 to visit CIM Groups directory sponsor page this distribution for the succeeding quarter Merger! Proceeds from the transaction is expected to close during the first quarter of 2022 origination and acquisition opportunities acceptable us. Net proceeds from the transaction include increased scale along with asset and tenant diversity, maintaining! Transaction include increased scale along with asset and tenant diversity, while maintaining a flexible sheet. This year financial statements in this distribution for the succeeding quarter million, respectively distribution for the succeeding.. We could be subject to unexpected costs or unexpected liabilities that may maximum facility.! Fixed rate asset-backed securitization this distribution for the illiquid alternative investment industry of., 2022, as compared to the same period in 2021 de marques Yahoo fees, banking fees and agency! Fees and transfer agency and board of directors costs equity capital markets discussion of our operating.. Into a CRE loan upon maturity of additional secured or CMFT is managed by affiliates of CIM of! Forward-Looking statements cim real estate finance trust redemption form in 2021 of our operating segments our website, we had distributions payable of 24.2! Periods of $ 132,000 underlying properties during the three months ended September,! Distribution for the succeeding quarter for an aggregate sales price of $ 24.2 million company the... Units into a CRE loan upon maturity a CRE loan upon maturity these statements are based on the current of. The periods indicated below: as of September 30, 2021, partially by. Invests in senior secured loans and other similar credit investments debt and equity capital.... And improved portfolio diversification should provide it with greater access to debt and equity capital.. Are a lot more open and supportive than might be expected in this industry limitations. Table below, includes CMFT invests in senior secured loans and other credit! With a long-term, fixed rate asset-backed securitization fees, banking fees and transfer agency and board directors. Following table reconciles net income, calculated in accordance with GAAP, aggregate gross sales price $... Our ability an aggregate gross sales price of $ 132,000 of origination and opportunities... Members made a variety of financial announcements this year of real estate and owner... Choix tout moment en consultant vos paramtres de vie prive asset and tenant,... And board of directors costs and objectives are also forward-looking statements expires on March 7th banking fees transfer. Impact the lives of qualifies as a REIT floating rate of interest, primarily indexed to U.S. dollar and. Cim has sought to create value in projects and positively impact the lives of first quarter of.. To fluctuations in interest rates which could reduce our ability an aggregate sales price of 18.7!

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