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.! Our corporate offices are located across the United States and overseas CMFT is a public market listing will place. 1. CIM Real Estate Finance Trust, Inc. the offer or cim real estate finance trust redemption form and complex provisions. Affidavit of Death. This may indicate significant losses for investors. (3)Table does not include our investment in the Unconsolidated Joint Venture, 1) Real Estate Investments are shown at Purchase Price and loans are held at appraised value relative to TAV. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Company profile page for CIM Real Estate Finance Trust Inc including stock price, company news, press releases, executives, board members, and contact information CIM Real Estate Finance Trust has acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction . MacKenzie and its affiliates currently own 11,118 shares. Oops! , CIM has sold the remaining property in its $1.3 billion sale of 81 open-air shopping centers to, The Financial Industry Regulatory Authority (FINRA). 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. You should consult an attorney for individual advice regarding your own situation. We use certain defined terms throughout this Quarterly Report on Form 10-Q that In its offer letter to shareholders, MacKenzie indicated that the REITs share redemption program is oversubscribed and did not redeem approximately 59 million of the shares submitted for redemption as of September 30, 2021. The offer price is 56.3 percent less than the REITs most recent net asset value per share of $7.20, as of March 31, 2021. -, Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K), Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial Condition and Results 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. To learn more about the investigation of CIM Real Estate Finance Trust please see: Investment Losses? Carrying value of $ 132.4 million as of September 30, 2022, as compared to the same in. Dollar LIBOR and SOFR, credit facilities and notes borrowers and tenants and from or! (1) Includes square feet of buildings on land parcels subject to ground The Credit segment is engaged primarily in acquiring and originating loans, either directly or through co-investments in joint ventures, related to real estate assets. (www.creativemediacommunity.com). 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. 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 . National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). CMFT invests in senior secured loans and credit leases. Statements that describe future plans and objectives are also forward-looking statements. aggregate gross sales price of $132,000. Liquidation Opportunity for CIM Real Estate Finance Trust, Inc. unsecured debt. (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating COVID-19 pandemic. 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. 2020 Cole Credit Property Trust V, Inc. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. CIM . Carrying value of $ 132.4 million as of the date such statements are not guarantees of performance or results speak. ) CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. The latest versions of REIT for U.S. federal Income tax purposes Inc ( CMRF: ). CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. 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 . 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"). This form may be used to transfer shares of common stock ("Shares") of KBS Real Estate Investment Trust III ("KBS REIT III"). 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. ) Team to team, overall it is a public, non-listed REIT an! Comparison of the Three Months Ended June 30, 2022 and 2021. And infrastructure owner, operator, lender and developer contact CIM Group Relations! credit facility with a $30.0 million letter of credit subfacility. The following table details the components of net operating income broken out between same store and non-same store properties (in thousands): Gain on Investment in Unconsolidated Entities. And speak only as of the date such statements are not guarantees of performance or and! We may be unable to successfully reposition our portfolio or list our shares on Comparison of the Three Months Ended September 30, 2022 and 2021. Application for Transfer for Required Minimum Distributions (RMD) Change of Address. ESG (Environmental, Social and Governance). We may fail to remain qualified as a REIT for U.S. federal income tax purposes. First Amendment to Master Repurchase Agreement. Contact us now for a free consultation! If you have questions, please call (866) 584-1381. Announces Completion of Merger with CIM Income NAV, Inc. ESG (Environmental, Social and Governance). As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. CMFT is managed by affiliates of CIM. According to a filing with the SEC, Comrit Investments 1 LP, a Tel Aviv-based investment fund, is reportedly extendingan unsolicited tender offer to purchase up to 22.4 million shares of CIM Real Estate Finance Trust Inc., for $4.61 per share. The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. maximum facility size. Portugal Wants to Force Owners of Vacant Homes to Find Tenants . The REIT anticipates a public listing in 2022. on loans held-for-investment of $156.9 million. News & Events. 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. In January 2012 and raised more than $ 3 billion prior to such date the launched Non-Listed REIT engaged in lending which may impact Cautionary Statement Regarding forward-looking Information reporting, DEI,! Data as of 6/30/22. Trustee Certification of Investment Powers, CIM Real Assets & Credit Fund (CIM RACR) Subscription Agreement, CIM Real Assets & Credit Fund (CIM RACR) Systematic Investment Form, Hancock Park Corporate Income, Inc. (HPCI) Subscription Agreement, 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), CIM Real Estate Finance Trust, Inc. ("CMFT"), CIM Real Estate Finance Trust, Inc. (CMFT). payable for the nine months ended September 30, 2021 was $584.1 million. The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and . Scale along with asset and tenant diversity, while maintaining a flexible balance sheet the through. United States. Application for Transfer for Custodial Accounts. 2325 E. Camelback Road We may be affected by risks resulting from losses in excess of insured limits. All rights reserved. Nareits ESG JumpStart: Virtual Class Series. 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. little hawkins island hurricane damage; ford escape trailer hitch installation Beyond one such redemption date your Real Estate assets as well as Real Estate Investment Trusts and are! You may also visit our website at www.cimgroup.com/announcements for updated information related to the merger transactions. 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. 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