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 Q3 2023

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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 1979 and is headquartered in Dallas, TX.

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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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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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

DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on April 11, 2023 to stockholders of record at the close of business on March 30, 2023.

CMCT Declares Common Stock Dividend

DALLAS--( BUSINESS WIRE )--CMCT (NASDAQ:CMCT and TASE:CMCT-L) announced today that it is expanding its multifamily portfolio with the planned addition of 696 apartment units across three assets. The acquisitions advance CMCT's strategy to focus the portfolio on highly amenitized premier multifamily and creative office assets in dynamic, high barrier to entry markets.

CMCT Executing on Strategy to Grow Multifamily Portfolio with Acquisition of Three Multifamily Assets

DALLAS--( BUSINESS WIRE )--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock.

CMCT Declares Preferred Stock Dividends

DALLAS--( BUSINESS WIRE )--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”). There are 2,951,876 shares of Series L Preferred Stock outstanding as of the date hereof.

CMCT's Redemption of its Series L Preferred Stock

DALLAS--( BUSINESS WIRE )--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that, pursuant to the terms and conditions of its Series L Preferred Stock, it will redeem in cash all outstanding shares of its 5.5% Series L Preferred Stock at a redemption price equal to 100% of the Series L Stated Value ($28.37 per share), plus any accrued and unpaid dividends through December 31, 2022. The redemption date will be January 25, 2023, the date previously announced as the dividend payment date for the 2022 annual dividend on the Series L Preferred Stock.

CMCT Announces Redemption in Full of Series L Preferred Stock

DALLAS--( BUSINESS WIRE )--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. The new facility matures in December 2025 with two one-year extension options and replaces the company's prior credit facility that was set to mature in October 2023.

CMCT Announces Closing of New Credit Facility

DALLAS--( BUSINESS WIRE )--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on January 9, 2023 to stockholders of record at the close of business on December 27, 2022.

CMCT Declares Common and Series L Preferred Stock Dividends

DALLAS--( BUSINESS WIRE )--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that John Hope Bryant has been appointed to its Board of Directors.

CMCT names John Hope Bryant to its Board of Directors

CIM Commercial Trust Corp - SU PRF PERPETUAL ILS 100 - Ser L

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q3 2022 Earnings Conference Call November 15, 2022 12:00 PM ET Company Participants Stephen Altebrando - VP, Equity Capital Markets David Thompson - CEO Shaul Kuba - Director Barry Berlin - CFO Conference Call Participants Gaurav Mehta - EF Hutton Eric Speron - First Foundation Advisors Operator Hello, and welcome to the Creative Media & Community Trust Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

Creative Media & Community Trust Corporation (CMCT) Q3 2022 Earnings Call Transcript

CIM Commercial Trust (CMCT) delivered FFO and revenue surprises of -200% and 0.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for CIM Commercial Trust Stock (CMCT)