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 Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CMCT reports robust Q1 performance, eyes growth amid challenges

CMCT's Q1 2023 earnings call highlighted strong performance in multifamily acquisitions and construction, alongside positive leasing updates and financial management.
While challenges like office NOI decline and uncertainties in occupancy stabilization exist, opportunities in portfolio expansion and strategic decision-making are evident.
The company's focus on key markets and operational resilience position it well to navigate challenges and capitalize on growth opportunities in the real estate sector.

CMCT reports strong Q2 performance with growth opportunities ahead

CMCT's Q2 2023 earnings call highlighted positive operational and financial performance, with progress in asset occupancy and development projects.
While facing challenges related to lease agreements and capital structure, CMCT has opportunities for growth through development advancements and strategic initiatives.
Overall, CMCT's focus on improving operational efficiency and financial stability positions the company well for future growth and value creation.

CMCT reports stable performance and growth opportunities in Q3

CMCT's Q3 2023 performance showcased stability in office lease and strong liquidity.
Challenges include increased interest expense impacting FFO and core FFO.
Opportunities lie in multifamily portfolio growth and development pipeline progress.
Overall, CMCT's strategic moves position them well for future growth and stability.

CMCT reports mixed Q4 results, optimistic about multifamily growth

CMCT's Q4 2023 earnings call highlighted progress in multifamily occupancy and development projects, alongside stable leasing percentages. Despite challenges in segment NOI and FFO, the company remains optimistic about growth opportunities in the multifamily sector.

CMCT reports improved Q1 results, faces challenges, eyes growth

CMCT's Q1 2024 performance showed strength in office and hotel segments, with improvements in same-store NOI and stable quarter-over-quarter results.
Challenges include the impact of elevated short-term interest rates and the need to address concerns raised by analysts regarding various operational aspects.
Opportunities for growth exist through optimizing asset sales, leveraging the development pipeline, and implementing strategic initiatives to enhance financial performance.

CMCT focuses on multifamily growth amidst financial challenges in Q3

CMCT's Q3 2024 performance reflected a strategic shift towards multifamily assets.
While challenges like declining office lease percentage and negative FFO exist, opportunities for refinancing and capital optimization are present.
The company's focus on portfolio rebalancing and creating additional capital signals a proactive approach to enhancing shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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

Alexandria Real Estate Equities

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

Boston Properties

Cousins Properties

Easterly Government Properties

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Equity Commonwealth

Empire State Realty Trust

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Franklin Street Properties Corp.

Hudson Pacific Properties

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

Orion Office REIT

Office Properties Income Trust

Paramount Group

US Diversified Real Estate ETF

Invesco Active US Real Estate

Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.

Earnings Metrics Of Several U.S. Office REITs Drop In Q3

KlaymanToskes Continues Investigation of Investor Losses Following CMCT's 94% Stock Price Decline NEW YORK, NY / ACCESSWIRE / December 11, 2024 / National investment loss and securities law firm KlaymanToskes continues its investigation of representations made by financial advisors who recommended investments in Creative Media & Community Trust Corporation (NASDAQ:CMCT), and is preparing to file FINRA arbitration claims seeking to recover significant damages on behalf of an investor who suffered significant losses in CMCT. Investors who suffered losses of $100,000 or more as a result of a recommendation by their broker/investment advisor should contact the law firm immediately at 888-997-9956.

Important Notice: KT Law Firm Represents CMCT Investor in FINRA Arbitration Claim for Unsuitable Recommendations

DALLAS--(BUSINESS WIRE)--CMCT closes $92.2 million loan for Sheraton Grand Sacramento Hotel.

CMCT Closes $92.2 Million Loan for Sheraton Grand Sacramento Hotel

American Assets

American Healthcare REIT Inc

Dimensional US Real Estate ETF

Dimensional Global Real Estate ETF

Diversified Healthcare Trust

Digital Realty Trust

Healthpeak Properties Inc

Equinix

Gladstone Commercial

Healthcare Realty Trust Inc

Iron Mountain

JPMorgan Realty Income ETF

Medalist Diversified REIT Inc

National Storage Affiliates Trust

NexPoint Residential Trust

Power REIT

Regency Centers

iShares Residential Real Estate ETF

The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.89%) and small caps (-4.62%) were deeper in the red. 72.90% of REIT securities had a negative total return in October.

The State Of REITs: November 2024 Edition

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its third quarter 2024 earnings results on Friday, November 8, 2024 before the opening of the stock market. A conference call is scheduled for 12:00 p.m. Eastern Time later that day to discuss CMCT's financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversight.

Creative Media & Community Trust Announces Date for Its Third Quarter 2024 Earnings Release and Conference Call

Service Properties Trust

W. P. Carey

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

Top 3 Real Estate Stocks That May Surge In Q4

AGNC Investment

Big 5 Sporting Goods

Berry Petroleum Corp.

Horizon Technology Finance

Icahn Enterprises

Natural Health Trends

New York Mortgage Trust

Oxford Square Capital

Prospect Capital

B. Riley Financial

TFS Financial

Uniti Group

Walgreens

Xerox

24/7 Wall Street Insights NASDAQ was founded in 1971 as an automated quote stock exchange alternative to the New York Stock Exchange, and now has more listings than the NYSE.

These 15 Stocks Are Among the Top Dividend Payers on the NASDAQ

Community Healthcare Trust

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

Janus Henderson U.S. Real Estate ETF

NETLease Corporate Real Estate ETF

Nuveen Short-Term REIT ETF

Phillips Edison & Co Inc

ALPS Active REIT ETF

REITs achieved their 5th straight month in the black with a +3.09% average total return in September and +9.61% year to date. Mid-cap (+5.01%), large cap (+3.41%) and small cap REITs (+2.59%) averaged solid gains in September. Micro caps (-0.42%) again averaged a negative total return. 72.3% of REIT securities had a positive total return in September.

The State Of REITs: October 2024 Edition

KlaymanToskes Investigates Investor Losses Following CMCT's 75% Stock Decline NEW YORK, NY / ACCESSWIRE / October 4, 2024 / National investment loss and securities law firm KlaymanToskes has launched an investigation into brokerage firms and financial advisors that may have unsuitably recommended investments in Creative Media & Community Trust Corporation (NASDAQ:CMCT) following the REIT's steep 75% decline over the past year, reaching a 52-week low stock price of $0.42 per share. Investors who suffered losses of $100,000 or more as a result of a recommendation by their broker/investment advisor should contact the law firm immediately at 888-997-9956.

Important Notice: If Your Financial Advisor Recommended Creative Media & Community Trust (CMCT) Investments Please Contact KT Law

Armada Hoffler Properties

La Rosa Holdings Corp

Top 3 Real Estate Stocks That Are Preparing To Pump This Month

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q2 2024 Results Earnings Conference Call August 8, 2024 12:00 PM ET Company Participants Steve Altebrando - Portfolio Oversight David Thompson - Chief Executive Officer Barry Berlin - Chief Financial Officer Conference Call Participants John Massocca - B. Riley Securities Operator Good day, and welcome to the Creative Media and Community Trust Corporation Second Quarter 2024 Earnings Call.

Creative Media & Community Trust Corporation (CMCT) Q2 2024 Earnings Call Transcript

Creative Media & Community Trust (CMCT) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.17 per share a year ago.

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

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its second quarter 2024 earnings results on Thursday, August 8, 2024 before the opening of the stock market. A conference call is scheduled for 12:00 p.m. Eastern Time later that day to discuss CMCT's financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversigh.

Creative Media & Community Trust Announces Date for its Second Quarter 2024 Earnings Release and Conference Call

Altisource

CoStar Group

Anywhere Real Estate Inc

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

Top 4 Real Estate Stocks That Could Lead To Your Biggest Gains In Q3

DALLAS--(BUSINESS WIRE)--CMCT announces quarterly cash dividend of $0.085 per share of common stock.

CMCT Declares Common Stock Dividend

Creative Media & Community Trust Corporation (NASDAQ:CMCT ) Q1 2024 Results Conference Call May 16, 2024 12:00 PM ET Company Participants Steve Altebrando - Portfolio Oversight David Thompson - Chief Executive Officer Barry Berlin - Chief Financial Officer Conference Call Participants Stephan Guillaume - Sidoti John Massocca - B. Riley Operator Good day, and welcome to the Creative Media and Community Trust Corporation First Quarter 2024 Earnings Conference Call.

Creative Media & Community Trust Corporation (CMCT) Q1 2024 Earnings Call Transcript

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

Creative Media & Community Trust Corporation Reports 2024 First Quarter Results

LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its first quarter 2024 earnings results after the market close on Wednesday, May 15, 2024. A conference call is scheduled for 12:00 p.m. Eastern Time on Thursday, May 16, to discuss CMCT's financial results and business. The call will be hosted by Chief Executive Officer David Thompson, Chief Financial Officer Barry Berlin, and Portfolio Oversight Steve Alte.

Creative Media & Community Trust Announces Date for Its First Quarter 2024 Earnings Release and Conference Call

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

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

Apartment Income REIT Corp

BRT Apartments

CBL & Associates Properties

Crown Castle International

Clipper Realty

CTO Realty Growth

Dominion Energy

Generation Income Properties

Global Medical REIT

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

News for CIM Commercial Trust Stock (CMCT)