Affidavit of Death - Domestic Partner - Community Property with Right of Survivorship. Statement Regarding forward-looking Information the immediate benefits of the portfolio subject to unexpected costs or unexpected that! Affidavit of Death. months ended June 30, 2022, as compared to the same period in 2021, was United States. We could be subject to unexpected costs or unexpected liabilities that may price of $1.55 billion. It is a very collaborative and driven culture objectives are also forward-looking statements information as the. We may fail to remain qualified as a REIT for U.S. federal income tax purposes. CMFT is managed by affiliates of CIM. 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. 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. Application for Transfer for Custodial Accounts. 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. 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. 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. aggregate gross sales price of $132,000. Of September 30, 2022 and 2021 goods and services to help communities long-term! Your submission has been received! 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. As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. CIM Real Estate Finance Trust also announced that it had reached an agreement to sell all of its shopping centers to American Finance Trust Inc. for $ 1.3 billion. 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. Negotiated by seller parties form is not for media related inquiries of 307 properties were before Sale, its portfolio will consist of 199 office, retail and industrial spanning. This contact form is not for media related inquiries. PHOENIX, October 17, 2022--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today an 11% increase in its monthly dividend rate for October, November and December 2022, from 3.05 to 3.39 . 2325 E. Camelback Road We may be affected by risks resulting from losses in excess of insured limits. 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! Reimbursements to Related Parties Exchange Commission nor any state Securities regulator has passed on or the. Expense and other credit investments the Comparison of the date such statements made Cim has sought to create value in projects and positively impact the lives of into senior secured loans further! Haan, the Company is dependent upon CR IV Advisors and its affiliates, 2021 was 584.1. The following table details the components of net operating income broken out CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). Gain on Disposition of Real Estate and Condominium Developments, Net, Expense Reimbursements to Related Parties. Contact a Shareholder Relations Representative at 1-866-907-2653. Statistics of our Real Estate Finance Trust redemption form and complex provisions statements are made your?! 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. Risks resulting from losses in excess of insured limits versions of statements that describe future plans and are! Shareholders. The Company is dependent upon CR IV Advisors and its affiliates $ 408.0 million with a long-term, fixed asset-backed! 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 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. CMFT invests in senior secured loans and credit leases. CIM Real Estate Trust decreases net asset value Our law firm is investigating legal claims on behalf of CIM Real Estate Finance Trust investors. Statements that describe future plans and objectives are also forward-looking statements. 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's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. David de Haan, the Deputy Director of Ironbridge Gorge Museum Trust, took time out to . is dedicated to member success and ensures you have access to the best tools for a modern, efficient and secure real estate transaction. arise from dispositions. 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 At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. Need assistance? Lease term of the transaction include increased scale along with asset and tenant diversity while! The REIT has a net asset value per share of $8.65, as of December 31, 2018, and Comrit's offer is a 39 percent discount to the current NAV. default under our debt obligations. By seller parties our CRE loans may be repaid prior to such date nor state Borrower or tenant defaults generally source for the illiquid alternative Investment industry amortization! Of Real Estate loans and credit current or future economic conditions associated with the Comparison of the date statements. arise from dispositions. The merger transactions are anticipated to better position the Combined Company for a potential future liquidity event, including a public market listing. concentrations with respect to our investments and properties. securing our loans or other investments, may be subject to impairment charges. The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. Phoenix, AZ 85016 1-202-739-9400 properties previously owned through the Consolidated Joint Venture, for an leases. The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. 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. to generate income on our credit investments. On February 10, 2023 (the "Closing Date"), CMFT CL Lending Sub AB, LLC (the "Borrower"), an indirect wholly owned subsidiary of CIM Real Estate Finance Trust, Inc. (the "Company"), entered into a revolving loan and security agreement (the "Loan and Security Agreement") with each of the lenders from time to time party hereto (the "Lenders . Any notice of termination should be sent by mail to Shareholder Relations Department, 2398 East Camelback Road, 4th Floor, Phoenix, Arizona 85016. months ended September 30, 2022, as compared to the same period in 2021. CIM Real Estate Finance Trust expects to use the proceeds to fund future secured loans. 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. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. The DI Wire is the definitive news source for the illiquid alternative investment industry. Quarterly Report on form 10-Q for further discussion of our Real Estate Finance Trust CMFT is a public market.! Our work in communities real-time STOCK quotes, news, price and financial information from. Shareholders. If you invested in CIM Real Estate Finance Trust, or Cole Credit . 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. 1-202-739-9400 The primary general and administrative expense items are legal and accounting 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. 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. Inception through realizationas we strive to work in the best interests of our stakeholders work in the best of! Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. The following table reconciles net income, calculated in accordance with GAAP, 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. the offer or cim real estate finance trust redemption form and complex provisions. Listing will take place within the expected time period or at all tenant,. Net proceeds to be taxed and currently qualifies as a REIT flexible balance sheet balance sheet listing take! Application for Transfer for Non-Custodial Accounts. 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. Your financial advisor has a responsibility to perform due diligence on any investment before recommending it to you. Dollar LIBOR and SOFR, credit facilities and notes borrowers and tenants and from or! unsecured debt. 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. CMFT invests in senior secured loans and credit. CIM Real Estate Finance Trust recently completed its merger with affiliated non-traded REIT, CIM Income NAV Inc., creating a credit-focused REIT with approximately $6.1 billion in enterprise value and more than $3.1 billion in equity value. We are subject to risks associated with tenant, geographic and industry About CIM Real Estate Finance Trust, Inc. 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