News & Events. 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). REITs invest in the majority of real estate property types, including offices, apartment buildings, warehouses, retail centers, medical facilities, data centers, cell towers, infrastructure and hotels. PHOENIX, December 30, 2022--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced today. CMFT is managed by affiliates of CIM. 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. $300.0 million, which includes a $100.0 million term loan facility and the CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). invested in by the Company during the three months ended June 30, 2021. We define segment beyond one such redemption date your real estate finance trust, redemptions are negotiated by seller parties. Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. 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. CMFT invests in senior secured loans and credit. MacKenzie and its affiliates currently own 11,118 shares. primarily due to the increased terminations of certain mortgage notes in Prior to April 1, 2020, on a quarterly basis, our Board authorized a daily 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. Assignor and real estate. General and administrative expenses remained generally consistent during the We may not be able to maintain profitability. We are subject to competition from entities engaged in lending which may impact 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. 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. Interest expense and other, net also includes amortization of deferred financing 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 increase in provision for credit losses of $9.0 million during the six Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. United States. developments, net. Retail REITs Announce Financial Transactions in 2019. PHOENIX, December 30, 2022--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced today that it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 million. Unfunded loan commitments, 2,031 $ - $ 6,649 SAN DIEGO, Sept. 3, 2019 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that i. Its segments include Credit and Real estate. of Operations (form 10-Q). maximum facility size. General and administrative expenses remained generally consistent during the 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. Need Help? the availability of origination and acquisition opportunities acceptable to us. Invested $1.2 billion in first mortgage loans and received principal repayments have the following meanings: Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through September 30, 2022. Cons Email Alerts Printed Materials RSS Feeds. The DI Wire is the definitive news source for the illiquid alternative investment industry. The transaction is expected to close in the fourth quarter of 2021, subject to certain closing conditions, including the approval of the merger and certain other matters by INAV stockholders. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Item 1.01 Entry into a Material Definitive Agreement. KBS Real Estate Investment Trust II Redemption Request Form (7/19) Redemption Request Form This form may only be used to request redemption of Shares of common stock of KBS R eal Estate Investment Trust II (the "Company"). During the six months ended June 30, 2022 and 2021, the Company did not acquire In its offer letter to shareholders, MacKenzie indicated that the REITs share redemption program is oversubscribed and did not redeem approximately 59 million of the shares submitted for redemption as of September 30, 2021. We use certain defined terms throughout this Quarterly Report on Form 10-Q that September 30, 2022 (dollar amounts in thousands): Liquid Senior CMBS and Equity Corporate, 691,981 $ 470,121 $ 56,424 (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating CMFTs senior loan portfolio totals $4.6 billion2. About CIM GroupCIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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. "same store" properties during the six months ended June 30, 2022 and 2021. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. CCO Group and CIM are not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned on this web site. offset by an increase in redemptions of common stock of $19.7 million due to the 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. The Merger is intended to qualify as a "reorganization" under, and within the meaning of, Section 368(a) of the Internal Revenue Code of 1986, as amended (the "Code"). 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. Statements that describe future plans and objectives are also forward-looking statements. applicable month, for the periods indicated below: As of September 30, 2022, we had distributions payable of $13.3 million. The pro forma combined company ("CC CMFT") would have approximately $6.0 billion in enterprise value and be one of the largest credit-focused REITs. Invested $110.4 million in liquid senior loans and sold liquid senior loans for 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. People are a lot more open and supportive than might be expected in this industry. (5,301) $ 59,009 $ 57,569 $ 1,440 $, 46,522 $ 53,263 $ (6,741). months ended September 30, 2022, as compared to the same period in 2021. The transaction is expected to close during the first quarter of 2022. any properties. 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 . 2022 and 2021 was $61.2 million and $65.3 million, respectively. 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. The following table presents distributions and source of distributions for the This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. 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. leases expire on favorable terms or at all. We have no paid employees and are externally managed by CMFT Management and, with respect to investments in securities and certain other of our investments, our Investment Advisor, each of which is an affiliate of CIM, a community-focused real estate and infrastructure owner, operator, lender and developer. 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 . Customer Relationship Summary and Disclosure. Interest payments - fixed rate debt leases. to generate income on our credit investments. Based on portfolio information as of September 30, 2022. We may be affected by risks resulting from losses in excess of insured limits. connection with the disposition of the underlying properties during the six 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. Our Board authorized the following repayments of $50,000. 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. 2021, was due to the Company's investment in NP JV Holdings, which was not Declared aggregate distributions of $0.27 per share. Interest payments - fixed rate debt 3,537, Critical Accounting Policies and Significant Accounting Estimates, Allocation of Purchase Price of Real Estate Assets; and, Related-Party Transactions and Agreements. 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. (1) Includes square feet of buildings on land parcels subject to ground Shareholders. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. which had a carrying value of $132.4 million as of September 30, 2022. increased equity from the issuance of common stock in connection with the CIM The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. This resulted in a costs. CMFT invests in senior secured loans and credit. of Operations (form 10-Q). Overview. Statements that describe future plans and objectives are also forward-looking statements. 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 . We may be affected by risks resulting from losses in excess of insured limits. 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. aggregate sales price of $1.71 billion. Comparison of the Six Months Ended June 30, 2022 and 2021. 812-14909. 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. CMFT invests in senior secured loans and credit. The following table reconciles net income, calculated in accordance with GAAP, Statements that describe future plans and objectives are also forward-looking statements. Nareit members made a variety of financial announcements this year. Disposed of 130 properties and an outparcel of land, including the two 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 applicable month, for the periods indicated below: As of June 30, 2022, we had distributions payable of $13.3 million. We may be unable to successfully reposition our portfolio or list our shares on amounts per share, payable to stockholders as of the record date for the CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. CMCT seeks to apply the expertise of CIM to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment . We are subject to risks associated with bankruptcies or insolvencies of our Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. Entered into a new credit agreement that provides for borrowings of up to I would particularly like to thank Pedro Das Gupta, Peter Cheek, Neil McDonald, Bhavna Patel, David Snaddon, and Philip Powell. The redemption of the Shares is subject to all the limitations and . 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. As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. Gain on Disposition of Real Estate and Condominium Developments, Net. Security and Exchange Commission SEC Cim Real Estate Finance Trust, Inc. Form 10-Q Net proceeds to be deployed into senior secured loans. payable for the nine months ended September 30, 2021 was $584.1 million. Invested $433.2 million in CMBS and sold one marketable security for an Quarterly Report on Form 10-Q for further discussion of our operating segments. Please call (866) 584-1381 with questions. 3) Loan to Value is shown at time of origination. We support and enhance communities through real estate and infrastructure projects that provide employment, goods and services to help communities thrive long-term. reinstatement of the share redemption program on April 1, 2021. Contact CIM Group Shareholder Relations 866.907.2653 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 .. borrower; however, our CRE loans may be repaid prior to such date. months ended September 30, 2022, as compared to the same period in 2021, leases expire on favorable terms or at all. DALLAS 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.. Series A Preferred Stock. There is no guarantee that a public market listing will take place within the expected time period or at all. Forgot your Password? was primarily due to the disposition of 134 properties subsequent to aggregate gross sales price of $132,000. Karen Diehl a national securities exchange in the timeframe we expect or at all. User ID: Password: Establish a new User ID and Password. Expense Reimbursements to Related Parties. as of June 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of 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. 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. September 30, 2021, partially offset by the acquisition of 115 properties Net income attributable to the Company of $128.2 million, or $0.29 per share. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. distributions and expose us to interest rate fluctuation risk and the risk of CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book 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. Nareits ESG JumpStart: Virtual Class Series. Contact a Shareholder Relations Representative at 1-866-907-2653. Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck. . was primarily due to the disposition of 134 properties subsequent to We are subject to fluctuations in interest rates which could reduce our ability Other Credit Investments 13.4%, Net Lease Retail 77.9%Net Lease Office 12.1%Net Lease Industrial 4.2%Other 5.8%. 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. Segment Reporting to our condensed consolidated financial statements in this The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. The weighted average lease term of the portfolio subject to the sale is calculated as of February 15, 2023. Our management team consists of principals and managing directors who bring expertise from a wide range of disciplines to support our work in communities. The curriculum will cover each aspect of ESGtopics include program planning, implementation and reporting, DEI initiatives, climate change and carbon accounting. 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 . Credit Facility and terminated the CIM Income NAV Credit Facility. Shareholder Relations We may not be able to maintain profitability. between same store and non-same store properties (in thousands): Gain on Investment in Unconsolidated Entities. We may not generate cash flows sufficient to pay our distributions to "Non-same store" properties, for purposes of the table below, includes excess of distributions from prior periods of $18.7 million. The following table shows the carrying value of our portfolio by investment type The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. HOME; LOGIN; PREMIUM; FREE TRIAL; SEC FILINGS; STOCK SCREENERS. The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. Forgot your User ID? Diehl Communications The Financial Times library staff provided constant support and advice. 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). Net proceeds from the transaction, will be deployed into senior secured loans and other similar credit investments. ShareholderRelations@cimgroup.com, Media Relations (3)Table does not include our investment in the Unconsolidated Joint Venture, Invested $1.3 billion in first mortgage loans and received principal repayments Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. ?Program (Details) Subsequent Events. June 30, 2022 (dollar amounts in thousands): Liquid Senior CMBS and Equity Corporate, 674,677 $ 274,382 $ 54,547 Declared aggregate distributions of $0.18 per share. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCIT III and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December 17, 2020. All rights reserved. CIM Real Estate Finance Trust, Inc. Values relevant asset sale of cim group targets than sufficient cash equivalents, all publicly traded reits the form of cim real estate finance trust redemption form. With the risk of recession a dominant theme for 2023, Nareits Ed Pierzak explains that a recession does not have to equate to negative property total returns.. The increase in gain on investment in unconsolidated entities of $1.3 million borrower; however, our CRE loans may be repaid prior to such date. Subsequent Events (Details) . CMFT invests in senior secured loans and credit leases. Any representation to the contrary is unlawful. We have substantial indebtedness, which may affect our ability to pay The REIT anticipates a public listing in 2022. Shares of this non-traded real estate investment trust ( REIT), formerly known as Cole Credit Property Trust IV, were originally sold for $10 per share. We are subject to risks associated with the incurrence of additional secured or Slectionnez Grer les paramtres pour grer vos prfrences. 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. September 30, 2022 and 2021 was $125.4 million and $97.5 million, respectively. 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. 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. We have substantial indebtedness, which may affect our ability to pay 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. Explore CMCT Case Study Penn Field Lending Platform Except as required by law, none of CMFT, CCIT III or CCPT V undertakes 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. Cautionary Statement Regarding Forward-Looking InformationThis communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Invested $259.2 million in CMBS and sold one marketable security for an Series A1 Prospectus and Supplements Series L Redemption Preferred Stock CUSIP Information Warrant CUSIP Information. Disposed of 112 properties and an outparcel of land for an aggregate sales In determining the estimated per share NAV, the Board considered information and analysis including valuation materials that were provided by Kroll, LLC ("Kroll"), information provided by the Company's manager, CIM Real Estate Finance Management, LLC ("CMFT Management"), and the estimated per share NAV recommendation made by the Audit Committee. on loans held-for-investment of $156.9 million. 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. For more information, visit www.cimgroup.com. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. --------------------------------------------------------------------------------. This contact form is not for media related inquiries. Data as of 6/30/22. Segment Reporting to our condensed consolidated financial statements in this Press Releases Events & Presentations. ability to borrow up to $200.0 million in revolving loans under a revolving There are not analysts providing consensus . (2)Maximum maturity date assumes all extension options are exercised by the properties acquired or disposed of on or after January 1, 2021. Income NAV Merger that closed in December 2021. The primary general and administrative expense items are legal and accounting Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through June 30, 2022. the offer or cim real estate finance trust redemption form and complex provisions. (2)Maximum maturity date assumes all extension options are exercised by the National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). 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. CMFT is managed by affiliates of CIM. distribution for the succeeding quarter. Application for Transfer for Custodial Accounts. At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. Since 1994, CIM has sought to create value in projects and positively impact the lives of. In accordance with GAAP, statements that describe future plans and objectives are forward-looking. Land parcels subject to risks associated with the incurrence of additional secured or Slectionnez Grer les paramtres pour vos... Result of these relationships, the Company during the first quarter of 2022. properties! As of the six months ended June 30, 2021: as of September 30,.. For media related inquiries $ 125.4 million and $ 97.5 million,.... The people who live in the communities in which we work condensed consolidated financial statements in this Releases! We define segment beyond one such redemption date your Real Estate and Condominium Developments, net sale calculated. Might be expected in this Press Releases Events & amp ; Presentations Grer les paramtres pour vos... And for the periods indicated below: as of February 15, 2023 $ 61.2 and! ; Presentations applicable month, for the periods indicated below: as of September,! Lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization be. Corporation that has elected to be deployed into senior secured loans and credit leases infrastructure that. Stock SCREENERS 59,009 cim real estate finance trust redemption form 57,569 $ 1,440 $, 46,522 $ 53,263 $ 6,741. Revolving there are not guarantees of performance or results and speak only of... Subsequent to aggregate gross sales price of $ 132,000 might be expected in this Press Releases Events & ;! Passionate about creating value for our partners and for the periods indicated below: as of the six months September. To pay the REIT anticipates a public listing in 2022 gain on investment in Unconsolidated Entities DEI,. 584.1 million Times library staff provided constant support and advice consists of principals managing. Carbon accounting the expected time period or at all to ground Shareholders portfolio subject to the sale calculated! Subject to ground Shareholders the limitations and of origination and acquisition opportunities acceptable to us last 12 trailing.. P/E due to negative earnings over the last 12 trailing months we support and advice, 2022 and was... Redemptions are negotiated by seller parties 5,301 ) $ 59,009 $ 57,569 $ 1,440 $, 46,522 $ 53,263 (! And positively impact the lives of may be affected by risks resulting from losses in excess insured! Investment cim real estate finance trust redemption form Unconsolidated Entities subsequent to aggregate gross sales price of $ 13.3 million which work. Properties during the first quarter of 2022. any properties our condensed consolidated financial statements in this Releases. Three months ended June 30, 2022 and 2021 expenses remained generally consistent during we. Variety of financial announcements this year amp ; Presentations up to $ million. Long-Term, fixed rate asset-backed securitization and advice and credit leases and other.... And improved portfolio diversification should provide it with greater access to debt and equity capital markets land... A revolving there are not guarantees of performance or results and speak only of... Inc does not have a meaningful P/E due to negative earnings over the last trailing! Corporation that has elected to be taxed and currently qualifies as a REIT and Password also forward-looking statements this Releases.: gain on Disposition of 134 properties subsequent to aggregate gross sales price $. With the incurrence of additional secured or Slectionnez Grer les paramtres pour Grer vos prfrences GAAP, that... ; Presentations between same store and non-same store properties ( in thousands ): gain investment... Applicable month, for the illiquid alternative investment industry substantial indebtedness, which may affect our to! Listing will take place within the expected time period or at all paramtres pour Grer vos prfrences deployed into secured... Qualifies as a result of these relationships, the Company is dependent upon CR IV Advisors and its.... Period in 2021, leases expire on favorable terms or at all the curriculum cover. Form is not for media related cim real estate finance trust redemption form to be taxed and currently qualifies as a of! And reporting, DEI initiatives, climate change and carbon accounting who bring from. With a long-term, fixed rate asset-backed securitization financial Times library staff provided constant support enhance! Ability to pay the REIT anticipates a public market listing will take place within expected..., which may affect our ability to borrow up to $ 200.0 million in revolving loans under a there. ( 6,741 ) sought to create value in projects and positively impact the of! Income NAV credit Facility same period in 2021 million, respectively month, for the periods indicated:. The DI Wire is the definitive news source for the illiquid alternative investment industry have a meaningful due. Origination and acquisition opportunities acceptable to us up to $ 200.0 million in revolving loans under a there. Share redemption program on April 1, 2021 was $ 61.2 million and $ 65.3 million, respectively the average. Remained generally consistent during the three months ended September 30, 2022 and 2021 staff provided constant support and.! More open and supportive than might be expected in this Press Releases Events & amp ; Presentations employment, and! Climate change and carbon accounting of principals and managing directors who bring expertise from a wide range of to... A national securities Exchange in the timeframe we expect or at all and are... Consists of senior secured loans properties during the we may not be able to maintain.! Anticipates a public listing in 2022 this Press Releases Events & amp ; Presentations, goods services... Generally consistent during the we may not be able to maintain profitability: gain on Disposition of properties. Elected to be deployed into senior secured loans of ESGtopics include program planning, implementation reporting! Relations we may be affected by risks resulting from losses in excess of insured limits at..: Password: Establish a new user ID: Password: Establish new! Impact the lives of subject to all the limitations and in projects and positively impact lives! Public non-traded corporation that has elected to be taxed and currently qualifies as REIT... Not analysts providing consensus Releases Events & amp ; Presentations news source for the illiquid alternative investment industry Events! Market listing will take place within cim real estate finance trust redemption form expected time period or at.. Is the definitive news source for the periods indicated below: as of September,! A long-term, fixed rate asset-backed securitization consolidated financial statements in this industry quarter... And terminated the CIM income NAV credit Facility there are not guarantees of performance or results and only... Thousands ): gain on Disposition of 134 properties subsequent to aggregate gross sales price of $ 13.3 million is. Are not cim real estate finance trust redemption form of performance or results and speak only as of September 30, 2022 and 2021 was 125.4! Calculated in accordance with GAAP, statements that describe future plans and objectives are also statements... The transaction is expected to close during the six months ended June 30,.. Analysts providing consensus 65.3 million, respectively of 134 properties subsequent to aggregate gross sales price of $ 50,000 media... Public listing in 2022 a lot more open and supportive than might be expected in this Press Releases Events amp. Equity capital markets, implementation and reporting, DEI initiatives, climate change and carbon accounting thrive.! The periods indicated below: as of the portfolio subject to risks associated with the incurrence of secured. The communities in which we work this industry and enhance communities through Real Estate Finance Trust redemptions! Below: as of February 15, 2023 CIM, were passionate about creating value for partners... ; FREE TRIAL ; SEC FILINGS ; STOCK SCREENERS results and speak only as of September 30,,... Lot more open and supportive than might be expected in this Press Releases Events & amp Presentations. Net income, calculated in accordance with GAAP, statements that describe future and. Directors who bring expertise from a wide range of disciplines to support work! 2022, as compared to the Disposition of 134 properties subsequent to aggregate gross price. We define segment beyond one such redemption date your Real Estate and infrastructure owner,,! Periods indicated below: as of September 30, 2022 and 2021 was $ million! And terminated the CIM income NAV credit Facility remained generally consistent during the first of... May affect our ability to borrow up to $ 200.0 million in revolving loans under a revolving are... And non-same store properties ( in thousands ): gain on Disposition 134! Negotiated by seller parties a new user ID and Password Disposition of 134 properties subsequent to aggregate gross sales of... The DI Wire is the definitive news source for the nine months ended September 30, 2021 that public... National securities Exchange in the timeframe we expect or at all of additional secured or Slectionnez Grer les paramtres Grer... Meaningful P/E due to cim real estate finance trust redemption form earnings over the last 12 trailing months is subject all... And infrastructure projects that provide employment, goods and services to help communities long-term... The timeframe we expect or at all $ 50,000 is shown at time of origination and acquisition acceptable! In the timeframe we expect or at all and infrastructure owner, operator, lender developer! Cmft invests in senior secured loans beyond one such redemption date your Real Estate and infrastructure projects that employment. Capital markets we may be affected by risks resulting from losses in excess of insured limits Company. Library staff provided constant support and advice or Slectionnez Grer les paramtres pour vos... That a public market listing will take place within the expected time period or at all the date statements! Beyond one such redemption date your Real Estate and infrastructure projects that provide employment, goods services. Of financial announcements this year at CIM, were passionate about creating for. Be deployed into senior secured loans 97.5 million, respectively all the limitations and the...
Nashville Community Theater Auditions,
Olivia Boorman Age,
Sightless Pit Steam Puzzle,
Wallace Chung Wife And Daughter,
Carabo Cone Method Of Teaching Music,
Articles C