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

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Earnings data Q2 2022

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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.

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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.

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

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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

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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

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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

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

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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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

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

Creative Media & Community Trust Corporation Reports 2023 Second Quarter Results

News for CIM Commercial Trust Stock (CMCT)