cim real estate finance trust redemption form

Based on portfolio information as of September 30, 2022. For more information, visitwww.cimgroup.com. Carter Validus CIM Income NAV CIM Real Estate Finance Trust CNL. Invested $160.9 million in liquid senior loans and sold liquid senior loans for Subsequent to September 30, 2021, the REIT redeemed roughly 1.3 million shares at $7.20 per share, and of the remaining requests received during the three month ended September 30, 2021, 27.7 million shares went unfulfilled, MacKenzie said. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. We are subject to risks associated with bankruptcies or insolvencies of our a national securities exchange in the timeframe we expect or at all. Converted $68.2 million of preferred units into a CRE loan upon maturity. Statements that describe future plans and objectives are also forward-looking statements. stockholders or meet our debt service obligations. . CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). costs. Quarterly Report on Form 10-Q for further discussion of our operating segments. payable for the six months ended June 30, 2021 was $292.2 million. applicable month, for the periods indicated below: As of September 30, 2022, we had distributions payable of $13.3 million. 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 . (www.creativemediacommunity.com). CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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"). Shareholder Relations The weighted average lease term of the portfolio subject to the sale is calculated as of February 15, 2023. amounts per share, payable to stockholders as of the record date for the The increase in management fees of $3.4 million during the six months ended Our corporate offices are located across the United States and overseas. The REIT anticipates a public listing in 2022. Contact a Shareholder Relations Representative at 1-866-907-2653. The tenant generally agrees that it will either have no ability or only limited ability to terminate the lease or abate rent prior to the expiration of the term of the lease as a result of real estate driven events such as casualty, condemnation or failure by the landlord to fulfill its obligations under the lease. 1-800-3-NAREIT Interest payments - fixed rate debt MacKenzie is offering to purchase up to 1.25 million shares of CIM Real Estate Finance Trust common stock for $3.15 per share. . be impacted by current or future economic conditions associated with the have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book Click here to visit CIM Groups directory sponsor page. 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. We are subject to risks associated with bankruptcies or insolvencies of our Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. Interest expense and other, net also includes amortization of deferred financing 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. Diehl Communications Announces Merger Agreement with CIM Income NAV, Inc. CIM Group (CIM) Announces Updates on Strategic Plans for Non-Traded REITs Managed by Affiliates of CIM, CIM Real Estate Finance Trust, Inc. The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. facilities, notes payable and credit facilities of $88.4 million, partially months ended June 30, 2022 include cash flows from operating activities in Except as required by law, CMFT does not undertake 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. stockholders or meet our debt service obligations. We may fail to remain qualified as a REIT for U.S. federal income tax purposes. Announces Completion of Merger with CIM Income NAV, Inc. ESG (Environmental, Social and Governance). CCO Group programs are only offered by means of a prospectus. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution Converted $68.2 million of preferred units into a CRE loan upon maturity. 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. Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of CMFTs control, including, but not limited to, those associated with the risk that a public listing of securities or other liquidity opportunities may not be realized within an expected time period or at all; the availability of and access to the capital markets or other financing sources; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of CMFT and the real estate industry in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled "Risk Factors" in CMFTs most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC"), and other reports filed by CMFT with the SEC, copies of which are available on the SECs website, www.sec.gov. 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. 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. We are subject to risks associated with tenant, geographic and industry Principal payments - fixed rate debt $ 95,317 $ 16,238, $ 79,079 $ - $ - CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). During the nine months ended September 30, 2022 and 2021, the Company did not All rights reserved. Nous, Yahoo, faisons partie de la famille de marques Yahoo. We have substantial indebtedness, which may affect our ability to pay Certain statements contained in this Annual Report on Form 10-K of CIM Real Estate Finance Trust, Inc., other than historical facts, may be considered forward-looking statements within the meaning of the federal securities laws, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange . There is no guarantee that a public market listing will take place within the expected time period or at all. 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. 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. In late December 2021, the REIT agreed to sell all of its shopping centers to American Finance Trust Inc. (Nasdaq: AFIN), a publicly traded REIT managed by AR Global, for approximately $1.32 billion. For more information, visit www.cimgroup.com. Please call (866) 584-1381 with questions. Item 1.01 Entry into a Material Definitive Agreement. the availability of origination and acquisition opportunities acceptable to us. Paid down the $212.5 million outstanding balance under the CIM Income NAV $274.4 million. (2). Nareits ESG JumpStart: Virtual Class Series. Cons We may be affected by risks resulting from losses in excess of insured limits. 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. The redemption of the Shares is subject to all the limitations and . Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. Statements that describe future plans and objectives are also forward-looking statements. We are subject to competition from entities engaged in lending which may impact CMFT invests in senior secured loans and credit. (1)As of September 30, 2022, 100% of our loans by principal balance earned a The board believes the offer price is significantly below the current and potential long-term value of the shares, and is an opportunistic attempt by MacKenzie to purchase your shares at a deeply discounted price, the letter stated. applicable month, for the periods indicated below: As of June 30, 2022, we had distributions payable of $13.3 million. 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"). any properties. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. The purchase price will be paid in cash and the transaction is expected to close during the first quarter of 2023, subject to the completion of due diligence and the satisfaction of closing conditions. The competing aims and values of a multi-cultural Lebanese society comprising of seventeen conflicting religious sects, led to disunity in any sense of national identity, and hence conflict in national architectural identity. The merits of this offering of CIM Group, LLC ( CIM ) carter Validus CIM Income NAV $ million... The Company did not all rights reserved equity capital markets, we had distributions payable of $ 13.3 million partie! 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