CIM Commercial Trust

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. The company invests in creative offices, acquiring and developing properties catering to rapidly growing industries such as technology, media, and entertainment. CMCT seeks to apply the expertise of the CIM Group to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment characteristics to its creative office investments. 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. Creative Media & Community Trust Corp. operates through the following segments: Office, Hotel, and Lending. The Office segment consists of the rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment is involved in the operation of hotel properties. The Lending segment originates loans to small businesses. The company was founded in 1979 and is headquartered in Dallas, TX.

Earnings data Q4 2019

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Earnings data Q1 2024

CMCT reports strong Q1 performance, focuses on multifamily expansion

CMCT's Q1 2023 earnings call highlighted strong financial performance, strategic expansion of the multifamily portfolio, and proactive capital allocation strategies. While facing challenges related to lease expirations and market conditions, the company is well-positioned to capitalize on opportunities for growth and value creation.

CMCT reports strong Q2 performance, addresses lease challenges and growth opportunities

CMCT's Q2 earnings call highlighted strong operational performance, with a focus on property occupancy and financial stability. While challenges related to lease expirations and accounting nuances were discussed, the company's proactive capital strategy and growth initiatives signal promising opportunities ahead.

CMCT reports mixed Q3 performance, focuses on portfolio growth

CMCT's Q3 performance showed mixed results with improved multifamily occupancy and stable office lease percentage, but negative FFO and core FFO. The company demonstrated strengths in portfolio growth, development pipeline progress, and increased borrowing capacity. However, challenges lie in addressing the decrease in NOI for the hotel segment and managing potential risks highlighted in forward-looking statements.

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Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending. The Office segment consists of the rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment involves the operation of hotel properties. The Lending segment focuses on loans to small businesses. The company was founded in 1993 and is headquartered in Dallas, TX.

DALLAS--(BUSINESS WIRE)--CMCT declares preferred stock dividends.

CMCT Declares Preferred Stock Dividends

Creative Media & Community Trust Corporation (CMCT) Q4 2023 Earnings Call Transcript

Creative Media & Community Trust (CMCT) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to FFO of $0.11 per share a year ago.

Creative Media & Community Trust (CMCT) Reports Q4 Loss, Lags Revenue Estimates

DALLAS--(BUSINESS WIRE)--CMCT reports operating results for three months ended December 31, 2023.

Creative Media & Community Trust Corporation Reports 2023 Fourth Quarter Results

DALLAS--(BUSINESS WIRE)--CMCT announces quarterly cash dividend.

CMCT Declares Common Stock Dividend

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its fourth quarter 2023 earnings results after the market close on Wednesday, March 27, 2024. A conference call is scheduled for 12:00 p.m. Eastern Time on Thursday, March 28, 2024, to discuss CMCT's financial results and business. The call will be hosted by Chief Investment Officer Shaul Kuba, Chief Executive Officer David Thompson, Chief Financial Officer.

Creative Media & Community Trust Announces Date for Its Fourth Quarter 2023 Earnings Release and Conference Call

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Overall, this is a good time to invest in REITs. The expected surge in REIT share prices will not benefit all REITs equally. There are always mousetrap REITs, even in the best of times. Dividend safety is crucial for REIT value as a dividend cut can lead to a significant loss in share value.

Mouse Traps: 8 High-Yielding REITs Risking Dividend Cuts

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q3 2023 Results Conference Call November 15, 2023 12:00 PM ET Company Participants Stephen Altebrando - VP, Equity Capital Markets David Thompson - Chief Executive Officer Barry Berlin - Chief Financial Officer Operator Hello, and welcome to the Creative Media & Community Trust Third Quarter 2023 Earnings Call. All participants will be in a listen-only mode.

Creative Media & Community Trust Corporation (CMCT) Q3 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--CMCT reports operating results.

Creative Media & Community Trust Corporation Reports 2023 Third Quarter Results

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its third quarter 2023 earnings results after the market close on Tuesday, November 14, 2023. A conference call is scheduled for 12:00 p.m. Eastern Time on Wednesday, November 15, 2023, to discuss CMCT's financial results and business. The call will be hosted by Chief Investment Officer Shaul Kuba, Chief Executive Officer David Thompson, Chief Financial Offi.

Creative Media & Community Trust Announces Date for Its Third Quarter 2023 Earnings Release and Conference Call

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q2 2023 Results Conference Call August 10, 2023 12:00 PM ET Company Participants Steve Altebrando - Portfolio Oversight Shaul Kuba - Chief Investment Officer David Thompson - CEO Barry Berlin - CFO Conference Call Participants Brendan McCarthy - Sidoti Craig Kucera - B. Riley Operator Good day, and welcome to the Creative Media & Community Trust Second Quarter 2023 Earnings Conference Call.

Creative Media & Community Trust Corporation (CMCT) Q2 2023 Earnings Call Transcript

Creative Media & Community Trust (CMCT) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of $0.02. This compares to FFO of $0.11 per share a year ago.

Creative Media & Community Trust (CMCT) Reports Q2 Loss, Tops Revenue Estimates

DALLAS--(BUSINESS WIRE)--CMCT reports second quarter 2023 operating results.

Creative Media & Community Trust Corporation Reports 2023 Second Quarter Results

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The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3 - Creative Media (NASDAQ:CMCT), Braemar Hotels & Resorts (NYSE:BHR)

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its second quarter 2023 earnings results on Thursday, August 10, 2023. A conference call is scheduled for 12:00 p.m. Eastern Time that day to discuss CMCT's financial results and business. The call will be hosted by Chief Investment Officer Shaul Kuba, Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversight Steve.

Creative Media & Community Trust Announces Date for Its Second Quarter 2023 Earnings Release and Conference Call

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The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad is it? The surge in interest rates has turned a weak-but-manageable situation into a bleak one, but there is more nuance than what the prevailing narrative would suggest.

Office REITs: The New Malls

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q1 2023 Earnings Conference Call May 2, 2023 12:00 PM ET Company Participants Steve Altebrando - Portfolio Oversight David Thompson - Chief Executive Officer Shaul Kuba - Chief Investment Officer Barry Berlin - Chief Financial Officer Conference Call Participants Eric Speron - First Foundation Gaurav Mehta - EF Hutton Operator Good afternoon, and welcome to the Creative Media & Community Trust First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Creative Media & Community Trust Corporation (CMCT) Q1 2023 Earnings Call Transcript

Creative Media & Community Trust (CMCT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.06. This compares to FFO of $0.10 per share a year ago.

Creative Media & Community Trust (CMCT) Reports Q1 Loss, Tops Revenue Estimates

DALLAS--(BUSINESS WIRE)--CMCT announces operating results for first quarter 2023.

Creative Media & Community Trust Corporation Reports 2023 First Quarter Results

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will issue a press release announcing its first quarter 2023 earnings results on Tuesday, May 2, 2023. A conference call is scheduled for 12:00 p.m. Eastern Time that day to discuss CMCT's financial results and business. The call will be hosted by Chief Investment Officer Shaul Kuba, Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portf.

Creative Media & Community Trust Announces Date for Its First Quarter 2023 Earnings Release and Conference Call

Creative Media & Community Trust (CMCT) witnessed a jump in share price last session on above-average trading volume. The latest trend in FFO estimate revisions for the stock doesn't suggest further strength down the road.

Creative Media & Community Trust (CMCT) Moves 21.5% Higher: Will This Strength Last?

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q4 2022 Results Conference Call March 31, 2023 12:00 PM ET Company Participants Steve Altebrando - VP, Equity Capital Markets Shaul Kuba - Chief Investment Officer David Thompson - Chief Executive Officer Barry Berlin - Chief Financial Officer Conference Call Participants Gaurav Mehta - E.F. Hutton Craig Kucera - B.

Creative Media & Community Trust Corporation (CMCT) Q4 2022 Earnings Call Transcript

CIM Commercial Trust (CMCT) delivered FFO and revenue surprises of 22.22% and 2.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

CIM Commercial Trust (CMCT) Q4 FFO and Revenues Surpass Estimates

DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) (“we,” “our,” “CMCT,” or the “Company”) today reported operating results for the three months and year ended December 31, 2022.

Creative Media & Community Trust Corporation Reports 2022 Fourth Quarter Results

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will issue a press release announcing its fourth quarter 2022 earnings results on Friday, March 31, 2023. A conference call is scheduled for 12:00 p.m. Eastern Time that day to discuss CMCT's financial results and business.

Creative Media & Community Trust Announces Date for Its Fourth Quarter 2022 Earnings Release and Conference Call

News for CIM Commercial Trust Stock (CMCT)