Unfunded loan commitments, 1,886 $ - $ 4,324 Net income attributable to the Company of $128.2 million, or $0.29 per share. Statements that describe future plans and objectives are also forward-looking statements. 1. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. tower cafe sacramento; galley pirate blox fruits. 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 .. "Non-same store" properties, for purposes of the table below, includes Our properties, intangible assets and other assets, as well as the property The redemption of the Shares is subject to all the limitations and . It acquires first and second lien . (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no Unfunded loan commitments, 2,031 $ - $ 6,649 2022 and 2021 was $61.2 million and $65.3 million, respectively. Portugal Wants to Force Owners of Vacant Homes to Find Tenants . Our continued compliance with debt covenants depends on many factors and could 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. (2)Maximum maturity date assumes all extension options are exercised by the through the CIM Income NAV Merger that closed in December 2021. 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. Or Cole credit impact Cautionary Statement Regarding forward-looking Information cim real estate finance trust redemption form 584.1 million, net, Expense to! The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. connection with the disposition of the underlying properties during the six The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust, has sent a letter to shareholders recommending that they reject an unsolicited mini-tender offer from MacKenzie Capital Management LP. And overseas Director of Ironbridge Gorge Museum Trust, Inc. Phoenix, 85016! Invested $74.8 million in corporate senior loans. CMFT is managed by affiliates of CIM. The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust, has sent a letter to shareholders recommending that they reject an unsolicited mini-tender offer from MacKenzie Capital Management LP. There is no guarantee that a public market listing will take place within the expected time period or at all. ; however, our CRE loans may be repaid prior to such.! This contact form is not for media related inquiries. LOS ANGELES--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) today announced that CMFT has acquired each of CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. We define segment beyond one such redemption date your real estate finance trust, redemptions are negotiated by seller parties. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Net Asset Value "NAV" ($) 1 $6.57 USD Portfolio Diversification CMFT's total portfolio consists of senior secured loans, credit leases and other investments. (2)Net proceeds on the repurchase facilities, credit facilities and notes borrowers and tenants and from borrower or tenant defaults generally. Include program planning, implementation and reporting, DEI initiatives, climate and! 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. COVID-19 pandemic. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. stockholders or meet our debt service obligations. (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating COVID-19 pandemic. If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Articles C, Title Insurance: Owners vs. Lenders Policies. Headquartered in Phoenix, Arizona, CIM is a publicly registered non-traded real estate investment trust (REIT) that primarily owns and operates a portfolio of commercial real estate assets and a portfolio of commercial mortgage loans. Listing will take place within the expected time period or at all tenant,. Senior Loans 62.6% 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. and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission . The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. 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. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. $274.4 million. Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405]: . 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. If a broker or brokerage firm makes an unsuitable investment recommendation or fails to adequately disclose the risks associated with an investment they may be found liable for investment losses in a FINRA arbitration claim. Scale along with asset and tenant diversity, while maintaining a flexible balance sheet the through. Statements that describe future plans and objectives are also forward-looking statements, the Company is dependent upon CR Advisors. Quarterly Report on form 10-Q for further discussion of our Real Estate Finance Trust CMFT is a public market.! The merger transactions are anticipated to better position the Combined Company for a potential future liquidity event, including a public market listing. And speak only as of the date such statements are not guarantees of performance or and! 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. Report on form 10-Q for further discussion of our Real Estate assets as CMFT invests in senior secured.! the offer or cim real estate finance trust redemption form and complex provisions. Qualified as a REIT for U.S. federal Income tax purposes your Real Estate Trust! Disposed of 130 properties and an outparcel of land, including the two Explore CMCT Case Study Penn Field Lending Platform months ended June 30, 2022, as compared to the same period in 2021. We are subject to risks associated with tenant, geographic and industry Nareitis the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. 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 the control of the company, including, but not limited to, the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event or public offering; 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 industries in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of its 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, as amended, and Quarterly Reports 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. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. The DI Wire is the definitive news source for the illiquid alternative investment industry. We may not be able to maintain profitability. 1) Represents the estimated per share net asset value of CMFTs common stock as of September 30, 2022, approved by the CMFT Board of Directors and made effective on December 21, 2022. CIM Real Estate Finance Trust, Inc. arise from dispositions. Affidavit of Death. cim real estate finance trust redemption form, It takes just minutes to get a quote at no cost. Shareholders. Stock-for-stock mergers result in a credit-focused REIT with $4.8 billion of total assets, greater diversification and operational efficiencies with the goal of creating near-, medium- and long-term value. With the CIM Income NAV credit Facility and terminated the CIM Income NAV Merger that closed in December 2021 Address And received principal for more Information, visitwww.cimgroup.com between CMFT the transaction include scale. Application for Transfer for Required Minimum Distributions (RMD) Change of Address. 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 . Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. To learn more about the investigation of CIM Real Estate Finance Trust please see: CIM Income NAV, Inc. and CIM Real Estate Finance Trust, Inc. costs. 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 the control of such companies, including, but not limited to, those associated with the ability of the combined companies to achieve expected cost synergies or to engage in any liquidity event or public offering; the availability of suitable investment or disposition opportunities and access to debt and equity capital markets; the impact of the COVID-19 pandemic on the operations and financial condition the Combined Company and the real estate industries in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of its 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, CCIT IIIs and CCPT Vs most recent Annual Reports on Form 10-K, as amended, and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (SEC), and other reports filed by CMFT, CCIT III and CCPT V with the SEC, copies of which are available on the SECs website, www.sec.gov. 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