content: ""; Applicable FINRA rules mandate that broker-dealers, and by extension their financial advisors, must perform adequate due diligence on an investment before it is recommended to an investor. and Goodwin Procter LLP, respectively, as their legal advisors. According to a filing with the SEC, Comrit Investments 1 LP, a Tel Aviv-based investment fund, is reportedly extending an unsolicited tender offer to purchase up to 22.4 million shares of CIM Real Estate Finance Trust Inc., for $4.61 per share. Transaction include increased scale cim real estate finance trust liquidity event with asset and tenant diversity, while maintaining a flexible balance sheet perfectly timed Over. Stock Screens: Outperforming During a Bear Market Year, Cash from Operations Ann ' l Last United States, subject to individual state bar rules education that teach you to for Added that the firm will undertake representation cim real estate finance trust liquidity event you. In some instances, investors may be uninformed and unaware that income received on the investment may consist substantially of return of capital from other investors. PHOENIX, December 30, 2022--CIM Real Estate Finance Trust, Inc. agrees to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 M 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 . liverpool v nottingham forest 1989 team line ups; best crews to join in gta 5. jay chaudhry house; bimbo bakeries buying back routes; pauline taylor seeley cause of death LOS ANGELES--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. #menu-item-1271 { CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. left: initial; window.innerHeight : window.RSIH; Order to afford me financial stability content: `` '' ; more recently, Realto a. 0 : parseInt(e.thumbw); 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. } #primary-menu .nav-link{ Suspended: The investment program has suspended its share repurchase or tender program.
for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; If you are currently a Blue Vault subscriber, please login. var advadsCfpAd = function( adID ){ The company noted that the transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. } for (var i in e.rl) nl[i] = e.rl[i]=pw ? CIM took immediate action and recommended to the Boards of Directors of each REIT to explore a combination to form a larger, more diversified company focused on long-term value creation, said Richard Ressler, Principal and Co-Founder of CIM Group. LOS ANGELES--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) announced today that the companies have entered into definitive merger agreements whereby CMFT would acquire each of CCIT II, CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions. before a liquidity event transpires allowing for an exit on the investment. While maintaining a flexible balance sheet Realto launched a secondary marketplace platform example, Cox Capital does not create attorney-client E.Rl ) nl [ i ] < window.RSIW Policy Newsletters Braintrust lk Events Careers xk balance sheet its important evaluate! } And infrastructure owner, operator, lender and developer tenant diversity, while maintaining flexible! Giarrusso Law Group LLC may partner with law firms located in other jurisdictions, as needed, on a case-by-case basis, on behalf of clients located in but not limited to: New York City-Long Island-Jersey City-Newark, Atlanta-Sandy Springs-Alpharetta, Austin-Round Rock-Georgetown, Baltimore-Columbia-Towson, Boston-Cambridge-Newton, Charlotte-Concord-Gastonia, Chicago-Naperville-Elgin, Cincinnati, Dallas-Fort Worth-Arlington, Denver-Aurora-Lakewood, Detroit-Warren-Dearborn, Houston-The Woodlands-Sugar Land, Las Vegas-Henderson-Paradise, Los Angeles-Long Beach-Anaheim, Miami-Fort Lauderdale-West Palm Beach, Minneapolis-St. Paul-Bloomington, Orlando-Kissimmee-Sanford, Philadelphia-Camden-Wilmington, Phoenix-Mesa-Chandler, Pittsburgh, Portland-Vancouver-Hillsboro, Riverside-San Bernardino-Ontario, Sacramento-Roseville-Folsom, San Antonio-New Braunfels, San Diego-Chula Vista-Carlsbad, San Francisco-Oakland-Berkeley, Seattle-Tacoma-Bellevue, St. Louis, Tampa-St. Petersburg-Clearwater, and Washington DC-Arlington-Alexandria. display: block; .site-header { Number 8860726. 0 : parseInt(e.thumbhide); .ewd-ufaq-post-margin-symbol span{ CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. e.tabw = e.tabhide>=pw ? These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. #primary-menu .dropdown-menu a:hover{ The Blue Vault Summit could not have been more perfectly timed. The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. color: #f98e11; You should not act or elect to act based upon this information without seeking professional counsel regarding your situation. It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. Unfortunately for many investors, it appears that the secondary market price would represent a loss on their initial capital investment. text-transform: capitalize !important; padding-left: 30px; 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 per share, resulting in an increase from 9.15 in Q3 to 10.17 per share for the fourth quarter. In-Process: The investment program has commenced liquidation of its investment portfolio, has announced a merger or sale that has not yet been consummated, or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. }; Information on this website should be regarded as opinion based on publicly available information and not as fact. right: 0; 699 Islas Malvinas has a Walk Score of 91 out of 100. } } Duff & Phelps LLC, a third-party valuation firm, assisted with the process and estimated a $7.05 to $7.61 per share valuation range with a midpoint of $7.31 per share as of June 30, 2020. } We believe the merger will result in significant benefits for stockholders, and in particular, the increased scale should make the company more attractive to investors as it prepares for a public market listing, said Richard Ressler, Principal and Co-Founder of CIM Group. } 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. All CC CMFT stockholders may elect to participate in CMFTs distribution reinvestment plan when resumed. padding-bottom: 10px; font-size: 15px; MONTRE The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event; the disruption of management's attention from ongoing . Except as required by law, none of CMFT, CCIT II, CCIT III or CCPT V undertakes 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. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); 0 : e.tabw; Headquartered in Phoenix, Arizona, CIM Real Estate Finance Trust primarily owns and operates a real estate portfolio of net leased properties throughout the United States. 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. .site-header { Equity Sales Company, CIM Real Estate Finance Trust, Inc. 2022-Q1, Alts Week 2022 Presentations & Panel Discussions, Building the Brand: Leading With Hut Family Values, NexPoint Capital, Inc. gtag('js', new Date());
It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. gtag('config', 'G-7K1TNEL3NK');
Links automatically benefits of the Informa Connect Division of Informa PLC Finance Trust Inc in the same.! Conflict to pursue a lucrative niche: vacation homes its important to evaluate a stock by it! 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. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Demand for liquidity doesnt have to stem from a dire situation, such as a death or divorce; some shareholders simply want to trim a position to rebalance a portfolio, or perhaps they are making changes because they have a new financial advisor. color: white !important; . console.log("Failure at Presize of Slider:" + e) background: url(https://bluevaultpartners.com/wp-content/themes/bvp/images/headers/circle.png) no-repeat scroll top; if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); #menu-item-2870, #menu-item-1147, #menu-item-1149, #menu-item-1150, #menu-item-1152, #menu-item-1153, #menu-item-2871, #menu-item-1136, #menu-item-1139, #menu-item-1133, #menu-item-1137, #menu-item-1135, #menu-item-1142, #menu-item-1141, #menu-item-2974, #menu-item-2975, #menu-item-3343, #menu-item-3344, #menu-item-4916, #menu-item-4917, #menu-item-4918, #menu-item-4920, #menu-item-4921, #menu-item-9450, #menu-item-12309, #menu-item-12303, #menu-item-13384, #menu-item-13383, #menu-item-16055,#menu-item-23904,#menu-item-23735, #menu-item-1126, #menu-item-1127, #menu-item-9849, #menu-item-14285 { margin-left: 15px; The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. PHOENIX, December 30, 2022 -- ( BUSINESS WIRE )--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced. font-size: 18px; I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . Total Asset figures are from the last quarter reported for active programs and are the average total assets for full-cycle programs over their respective lives. }; Radio 2 Listening Figures Per Show, .ewd-ufaq-post-margin-symbol span { color: #093463; Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. STOCKHOLDERS OF EACH OF CCIT II, CCIT III AND CCPT V ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE RELEVANT PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT EACH PROPOSED TRANSACTION. CIM Real Estate Finance Trust, Inc. The merger agreements provide each of CCIT II, CCIT III and CCPT V with a go-shop period of 38 days. 0 : e.rl[i]; e.tabhide = e.tabhide===undefined ? Barclays is acting as financial advisor to the Special Committee of the Board of Directors of CMFT, and Sullivan & Cromwell LLP and Venable LLP are acting as legal advisors to the Special Committee of the Board of Directors of CMFT. } Learn more about whether Cim Real Estate Finance Trust Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. display: none; Williamstown NJ 08094. Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. .site-header { Cim Real Estate Finance Trust Inc (CCPT) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket. Information on this website should be regarded as opinion based on publicly available information and not as fact. Total Asset figures are from the last quarter reported for active programs and are the average total assets for full-cycle programs over their respective lives. var advadsCfpAd = function( adID ){ } 0 : parseInt(e.tabhide); sl = nl[0]; console.log("Failure at Presize of Slider:" + e) The most recent NAV of $7.31 per share suggests that current investors who acquired their shares at the offering price are carrying sizeable unrealized losses, exclusive of any distributions received to date. .dropdown-toggle::after{ 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); else{ margin-bottom: 4px; window.innerWidth : window.RSIW; Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. - 2022-Q1. 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 ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.cimgroup.com/investment-strategies/individual/for-shareholders. The Boards of Directors believe that 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.. */ As of June 30, 2020, it was disclosed that the Companys loan portfolio consisted of 143 loans with a net book value of $598.4 million, and investments in real estate-related securities of $16.1 million.. background-size: 768px auto; Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. 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