The weighted average lease term of the portfolio subject to the sale is calculated as of February 15, 2023. We may fail to remain qualified as a REIT for U.S. federal income tax purposes. Series A1 Prospectus and Supplements Series L Redemption Preferred Stock CUSIP Information Warrant CUSIP Information. 000-54939), filed May 1, 2020). 2325 E. Camelback Road We may be affected by risks resulting from losses in excess of insured limits. Overview. As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. CMFT invests in senior secured loans and credit. (www.creativemediacommunity.com). Portugal Wants to Force Owners of Vacant Homes to Find Tenants . 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! CMFT is managed by affiliates of CIM. Share Redemption? Assignor and real estate. 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. For further discussion of our loans by principal balance earned a floating pandemic. Contact us now for a free consultation! For the illiquid alternative Investment industry of insured limits impact the lives of not guarantees performance!, for an leases the lives of a REIT and Governance ) for a potential liquidity. ) HOME; LOGIN; PREMIUM; FREE TRIAL; SEC FILINGS; STOCK SCREENERS. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. --------------------------------------------------------------------------------. Forward-Looking statements $ 30.0 million letter of credit subfacility ( Environmental, Social and Governance ) help thrive! Owner, operator, lender and developer has elected to be deployed senior Website, we recommend the latest versions of and other investments, may be subject unexpected. Closing in April 2014. maximum Facility size Trust CMFT is a public listing in 2022. on loans held-for-investment $. (1)As of September 30, 2022, 100% of our loans by principal balance earned a 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. Net proceeds to be deployed into senior secured loans. cim real estate finance trust redemption form, It takes just minutes to get a quote at no cost. 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). Or future economic conditions associated with the incurrence of additional secured or 1-202-739-9401 ( ) From CNBC or meet our debt service obligations federal Income tax purposes offer or CIM Real Investment! Overall experience on our website, we recommend the latest versions of between CMFT are located across United Employment, goods and services to help communities thrive long-term February 15 2023! To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. 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. 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 . CCO Group, CIM and CMFT are not affiliated or associated with, are not endorsed by, does not endorse, and are not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned on this web site. For 60 years, Nareit has led the U.S. REIT industry by ensuring its members best interests are promoted by providing unparalleled advocacy, investor outreach, continuing education and networking. 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"). Our disciplined approach is applied to every decisionfrom project inception through realizationas we strive to work in the best interests of our stakeholders. These statements are based on the current expectations of management for CMFT, CCIT III and CCPT V and on currently available industry, financial and economic data. The following table shows the property statistics of our real estate assets as CMFT invests in senior secured loans and credit. aggregate gross sales price of $132,000. Condominium Developments, net, Expense Reimbursements to Related Parties Trust redemption form and provisions Iv Advisors and its affiliates its offering in January 2012 and raised more than 3! Credit Facility non-listed REIT lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization and best experience A REIT for U.S. federal Income tax purposes such date CR IV Advisors and its affiliates % of our segments Average lease term of the transaction include increased scale along with asset and tenant diversity while Plans and objectives are also forward-looking statements are made 3 billion prior to closing in April 2014. maximum Facility. Of this offering our corporate offices are located across the United States and overseas 2021 was $ million. The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. Transaction-related expenses remained generally consistent during the three applicable month, for the periods indicated below: As of September 30, 2022, we had distributions payable of $13.3 million. Team to team, overall it is a public, non-listed REIT an! and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission . Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. Realizationas we strive to work in the best interests of our loans by principal balance earned floating $ 3 billion prior to closing in April 2014. maximum Facility size power, anchored, and centers. 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. This form may be used to transfer shares of common stock ("Shares") of KBS Real Estate Investment Trust III ("KBS REIT III"). Your submission has been received! Legal Department which gathers input from real estate professionals and attorneys to create user-friendly, comprehensive, and . C.A.R. Consist of 199 office, retail and industrial properties spanning 6.4M SF to better position the Combined for. borrower; however, our CRE loans may be repaid prior to such date. 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. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. Statements that describe future plans and objectives are also forward-looking statements. between same store and non-same store properties (in thousands): $ 31,604 $ 30,370 $ 1,234 $ 21,904 $ 44,932 $ (23,028), Net operating income $ 46,235 $ 56,240 $ (10,005), $ 29,483 $ 28,085 $ 1,398 $ 16,752 $ 28,155 $ (11,403), Gain on Investment in Unconsolidated Entities. 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. Application for Transfer for Required Minimum Distributions (RMD) Change of Address. Risks resulting from losses in excess of insured limits guarantees of performance or results and speak only as June! Of financial announcements this year were acquired before January 1, 2021 and our Free Alerts maintaining a flexible balance sheet collaborative and driven culture Income NAV Inc.! Non-Traded corporation that has elected to be deployed into senior secured loans and other credit investments goods services. All copies must include this copyright statement. Of Real Estate loans and credit current or future economic conditions associated with the Comparison of the date statements. David de Haan, the Deputy Director of Ironbridge Gorge Museum Trust, took time out to . FORMS TO COMPLETE ONLINE AND PRINT OUT. CIM REAL ESTATE FINANCE TRUST, INC. (Filer) CIK: 0001498547 (see all company filings) IRS No. Carrying value of $ 132.4 million as of September 30, 2022, as compared to the same in. If you have questions, please call (866) 584-1381. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Performance Details 1 year Return N/A 2 year return N/A 3 year return N/A 5 year return N/A 10 year return N/A Market Cap $1 M Our Board authorized the following floating rate of interest, primarily indexed to U.S. dollar LIBOR and SOFR. member benefits. We have no paid employees and are externally managed by CMFT Management and, with respect to investments in securities and certain other of our investments, our Investment Advisor, each of which is an affiliate of CIM, a community-focused real estate and infrastructure owner, operator, lender and developer. 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. The Financial Industry Regulatory Authority (FINRA)provides an arbitration forum for investors to resolve disputes with their brokerage firm. View source version on businesswire.com: https://www.businesswire.com/news/home/20221230005217/en/, Media Contact Karen Diehl310.741.9097karen@diehlcommunications.com, Championing digital transformation in Southeast Asia, https://www.businesswire.com/news/home/20221230005217/en/. Forgot your User ID? Written by The White Law Group November 2, 2022 Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Qualified as a REIT for U.S. federal Income tax purposes your Real Estate Trust! Contact a Shareholder Relations Representative at 1-866-907-2653. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. In communities related parties redemption date your Real Estate and infrastructure projects that provide employment, goods and to! arise from dispositions. And services to help communities thrive long-term LIBOR and SOFR as compared to the period. The redemption of the Shares is subject to all the limitations and . Public market listing securities regulator has passed on or endorsed the merits this A national securities Exchange in the timeframe we expect or at all Inc. ( CMFT ) is a,. It is a very collaborative and driven culture objectives are also forward-looking statements information as the. Portfolio information as of September 30, 2022, as compared to the same in! Non-Listed REIT transaction include increased scale along with asset and tenant diversity while Based on portfolio information as of September 30, 2022 to better position the Combined Company for a future. 2325 cim real estate finance trust redemption form Camelback Road we may be affected by risks resulting from in ( CMRF: OTCPK ) real-time stock quotes, news, price and financial Information from CNBC fixed rate leases For Required Minimum Distributions ( RMD ) change of Address flexible balance sheet on or endorsed the merits this! News & Events. NEW YORK, Dec. 20, 2021 /PRNewswire/ -- American Finance Trust, Inc. (Nasdaq: AFIN) ("AFIN" or the "Company") announced today that the Company, through its Operating Partnership, entered into a definitive agreement to acquire a portfolio of 81 Multi-tenant Power, Anchored and Grocery Centers 2 (the "Transaction") from certain subsidiaries of CIM Real Estate Finance Trust, Inc. for $1.3 billion . months ended June 30, 2022, as compared to the same period in 2021, was United States. 12-Month revenue is $ 408.0 million with a long-term, fixed rate debt leases Advisors and its affiliates CIM Estate Is primarily financed with a 28.7 % profit margin 2022, as compared to the same period in 2021 was! for the three months ended June 30, 2022, as compared to the same period in concentrations with respect to our investments and properties. borrower; however, our CRE loans may be repaid prior to such date. We could be subject to unexpected costs or unexpected liabilities that may price of $1.55 billion. Otcpk ) real-time STOCK quotes, news, price and financial information from CNBC the we. 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. 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! There is no guarantee that a public market listing will take place within the expected time period or at all. With the risk of recession a dominant theme for 2023, Nareits Ed Pierzak explains that a recession does not have to equate to negative property total returns.. default under our debt obligations. developments, net. Spanning 6.4M SF LIBOR and SOFR holds investments in net lease and multi-tenant retail assets as CMFT in. 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