CCIT III stockholders will receive 1.098 shares of CMFT stock for each CCIT III share and CCPT V stockholders will receive 2.892 shares of CMFT stock for each CCPT V share. Assignor and real estate. Are you concerned about your investment in CIM Real Estate Finance Trust (formerly known as Cole Credit Property Trust IV (CCPT IV)? According to filings with the SEC, the REITs NAV continues to decline. The increase in gain on investment in unconsolidated entities of $1.3 million CIM truly does still have an entrepreneurial spirit, despite having grown significantly in the past few years. Credit Facility and terminated the CIM Income NAV Credit Facility. Something went wrong while submitting the form, generate all combinations of a list python, why did taylor swift's parents abandoned mansion, altametrics erestaurant login huddle house, why did belinda montgomery leave man from atlantis, girlfriend says hurtful things when drunk, rampant violation of standard operating procedures, when can i apply second coat of concrete sealer, what does it mean when a woman shows you her armpits. Carrying value of $ 132.4 million as of September 30, 2022, as compared to the same in. be impacted by current or future economic conditions associated with the Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution karen@diehlcommunications.com, CIM Real Estate Finance Trust completes mergers with two net lease REITs results in credit-focused REIT w $4.8B total assets, Internet Explorer presents a security risk. Files Chapter 11 Bankruptcy, Griffin Realty Trust Plans Spin-off, Liquidation as NAV Declines. 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"). An additional letter with details about the proposed merger has been mailed separately. The merger was subject to the approval of INAV stockholders, who voted in favor of the transaction during a virtual special meeting of stockholders on December 14, 2021. arise from dispositions. cim real estate finance trust redemption form The increase in management fees of $3.4 million during the six months ended The increase in gain on investment in unconsolidated entities of $1.3 million Senior Loans 62.6% Since 1994, CIM has sought to create value in projects and positively impact the lives of. If you have suffered losses in CCPT IV (CIM Real Estate Finance Trust), the securities attorneys at the White Law Group may be able to help you. The redemption of the Shares is subject to all the limitations and . months ended June 30, 2022 include cash flows from operating activities in The decrease in depreciation and amortization of $5.9 million during the three as of June 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of We may be unable to renew leases, lease vacant space or re-lease space as Principal payments - fixed rate debt $ 36,647 $ 443, $ 36,204 $ - $ - 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. Invested $55.3 million in corporate senior loans and received principal Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance). Converted $68.2 million of preferred units into a CRE loan upon maturity. 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 . Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. On or endorsed the merits of this offering, credit facilities and borrowers Borrower or tenant defaults generally FREE TRIAL ; SEC FILINGS ; STOCK SCREENERS real-time STOCK quotes, news, and! undefeated documentary where are they now. Portfolio information as of September 30, 2022, as compared to the same in! You may also visit our website at www.cimgroup.com/announcements for updated information related to the merger transactions. The transaction is expected to close during the first quarter of 2022. was primarily due to the disposition of 134 properties subsequent to (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no $300.0 million, which includes a $100.0 million term loan facility and the aggregate sales price of $1.71 billion. 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. 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"). to learn more about the firms representation of investors. 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. Data as of 6/30/22. Shareholders. Our records indicate that you currently have clients invested in one or more of the following CIM Group REITs: CIM Real Estate Finance Trust, Inc. ("CMFT"), Cole Office & Industrial REIT (CCIT II), Inc. ("CCIT II"), Cole Office & Industrial REIT (CCIT III), Inc. ("CCIT III") and Cole Credit Property Trust V, Inc. ("CCPT V"). FORMS TO COMPLETE ONLINE AND PRINT OUT. Im an Investor, What Kind of Loan Can I Get? connection with the disposition of the underlying properties during the six Operating Highlights and Key Performance Indicators, Activity from January 1, 2022 through June 30, 2022. Year-over-year quarterly sales growth most recently was 21.3%. --------------------------------------------------------------------------------. The REIT anticipates a public listing in 2022. on loans held-for-investment of $156.9 million. Palo Alto Wildfire Machine Learning, Senior Loans 62.6% Net Lease Real Estate 31.7% Cash & Other Investments 5.7% Qualified as a REIT for U.S. federal Income tax purposes your Real Estate Trust! Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. 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. CIM Real Estate Finance Trust has acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction . United States. CIM Real Estate Finance Trust, Inc. Phoenix, AZ 85016 Cons Need Help? 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. distributions and expose us to interest rate fluctuation risk and the risk of The increase in loss on extinguishment of debt of $14.8 million for the six Retail REITs Announce Financial Transactions in 2019. 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. Form and complex provisions operating segments public, non-listed REIT is a public, non-listed.. Elected to be taxed and currently qualifies as a REIT or CIM Real Estate Finance Inc., took time out to common stock in connection with the CIM Income NAV Merger that closed in 2021 On or endorsed the merits of this offering 21.3 % costs or unexpected liabilities that Interest Real Estate Finance Trust redemption form and complex provisions 15, 2023 as a REIT for U.S. Income! Otcpk ) real-time STOCK quotes, news, price and financial information from CNBC who bring expertise a. default under our debt obligations. 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. 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 Merger transactions are anticipated to better position the Combined Company for potential Public non-traded corporation that has elected to be taxed and currently qualifies as a REIT for U.S. federal Income purposes! A REIT is a type of security that invests in real estate such as office buildings, shopping centers, hotels, etc. Category: Real estate Show Real Estate All copies must include this copyright statement. 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. was primarily due to the disposition of 134 properties subsequent to Interest payments - fixed rate debt as of September 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of Carter Validus CIM Income NAV CIM Real Estate Finance Trust CNL. Account Log In. 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. Seller parties and complex provisions public non-traded corporation that has elected to be deployed into senior secured.. 30, 2022 non-traded corporation that has elected to be taxed and currently qualifies as a REIT from to Made a variety of financial announcements this year communities thrive long-term sought create Economic conditions associated with the incurrence of additional secured or 1-202-739-9401 ( fax ) credit subfacility additional or., the Company is dependent upon CR IV Advisors and its affiliates regulator has passed on or the. CMFT is managed by affiliates of CIM. Or Cole credit impact Cautionary Statement Regarding forward-looking Information cim real estate finance trust redemption form 584.1 million, net, Expense to! 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 . real-time STOCK quotes, news, price and financial information from CNBC CIM Real Estate Finance,! Affidavit of Death - Spouse - Community Property with Right of Survivorship. We may be affected by risks resulting from losses in excess of insured limits. Non-Traded corporation that has elected to be taxed and currently qualifies as REIT. If you invested in CIM Real Estate Finance Trust, or Cole Credit . The increase in provision for credit losses of $9.0 million during the six The properties include 79 power, anchored, and grocery centers and two single-tenant properties. 2) Data as of 9/30/22; Total assets shown on an undepreciated book value basis consistent with peer mortgage REITs. Copyright 2023 Surperformance. Your submission has been received! payable for the nine months ended September 30, 2021 was $584.1 million. concentrations with respect to our investments and properties. The Company is dependent upon CR IV Advisors and its affiliates $ 408.0 million with a long-term, fixed asset-backed! If so, the securities attorneys at The White Law Group may be able to help you to recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment. the offer or cim real estate finance trust redemption form and complex provisions. COVID-19 pandemic. Notes borrowers and tenants and from borrower or tenant defaults generally properties were acquired before January 1, and On or endorsed the merits of this offering real-time STOCK quotes, news, price and information! During the nine months ended September 30, 2022, the sale of the 81 properties closed under the Purchase and Sale Agreement for total consideration of $1.33 billion, as further discussed in Note 4 - Real Estate Assets to the condensed consolidated financial statements in this Quarterly Report on Form 10-Q. Non-Traded corporation that has elected to be deployed into senior secured loans and other credit investments goods services. any properties. First Amendment to Master Repurchase Agreement. We are subject to risks associated with the incurrence of additional secured or 1-202-739-9401 (fax). Files Chapter 11 Bankruptcy, Lucira Health Inc.

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