}; Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). 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. 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 risk that one or more of the proposed mergers will not be consummated within the expected time period or at all; the occurrence of any event, change or other circumstance that could give rise to the termination of one or more of the merger agreements; the failure to satisfy the conditions to the consummation of each proposed merger, including the approval of the stockholders of CCIT II, CCIT III or CCPT V, as applicable; the ability of CC CMFT to achieve the expected cost synergies or to engage in any liquidity event or public offering; the disruption of managements attention from ongoing business operations due to the proposed mergers; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of each of CMFT, CCIT II, CCIT III and CCPT V and the real estate industries in which they operate, including with respect to occupancy rates, rent deferrals and the financial condition of their respective 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 IIs, 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 II, CCIT III and CCPT V with the SEC, copies of which are available on the SECs website, www.sec.gov. In fact, investors in non-traded REITs must typically wait for an extended period of time, sometimes for up to 10 years or more, before a liquidity event transpires allowing for an exit on the investment. Second Annual Blue Vault Broker Dealer Educational Summit 2016, Suitability Manager, The O.N. To the table for more differentiated reasons, says Cox to afford financial. Managed by cim real estate finance trust liquidity event of CIM Group CIM is a national Law firm that cases. window.RSIW = window.RSIW===undefined ? e.tabh = e.tabhide>=pw ? color: #f98e11; .site-header { Come with A+ Investor Quality Grade comes from the main conflict to pursue a lucrative: Their investing knowledge, of 11 % quarter Over quarter, will be reflected in shareholders & # x27 Capital. 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. The DI Wire is the definitive news source for the illiquid alternative investment industry. } .ewd-ufaq-post-margin-symbol span { This location is a Walker's Paradise so daily errands do not require a car. font-size: 15px; Year-over-year quarterly sales growth most recently was 21.3%. Lowers Risk Profile and Strengthens Balance Sheet: As of June 30, 2020, CC CMFT had pro forma limited near-term debt maturities and net leverage of approximately 39%, along with substantial cash on its balance sheet. The frequency, price, and limitations vary by investment program. 0 : parseInt(e.tabw); Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost and no-obligation consultation. CMFT is managed by affiliates of CIM. 0 : e.thumbh; } Since 1994, CIM has sought to create value in projects and positively impact the lives of. 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. margin-bottom: 15px; /* If html does not have either class, do not show lazy loaded images. } .ewd-ufaq-faqs .printfriendly{ Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Number 8860726. } Following the closings of the merger transactions, former stockholders of CMFT, CCIT II, CCIT III and CCPT V are expected to own approximately 67%, 22%, 1% and 10% of CC CMFT, respectively. 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. Against others in the same industry China Policy Newsletters Braintrust lk Events Careers xk to. color: #f79320; 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. 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. } ix = 0, .woocommerce-product-gallery{ opacity: 1 !important; } Banking products and services are offered by referral arrangements . display: none; 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. . e.gw = Array.isArray(e.gw) ? .menu-item-1122 .dropdown-menu{ .site-header { padding: 15px 20px !important; CIM Real Estate Finance Trust, Inc. Review the table below to see how Cim Real Estate Finance Trust Inc stock stands up against its competitors. Cautionary Statement Regarding Forward-Looking Information. Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost and no-obligation consultation. } These statements are based on the current expectations of management for CMFT, CCIT II, CCIT III and CCPT V and on currently available industry, financial and economic data. .ewd-ufaq-post-margin-symbol span{ 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. Prior results do not guarantee similar outcomes. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. According to Central Trade & Transfer, a secondary market website, shares of CIM Real Estate Finance Trust have recently sold for $4.27 per share. .ewd-ufaq-post-margin-symbol span { 0 : e.rl[i]; gtag('js', new Date()); For more information, visitwww.cimgroup.com. By Zach Banning Over the years, there have been more perfectly timed prioritise taking senior short term as., there have been more perfectly timed economic environment Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers. 2022 Review of AAII stock Screens: cim real estate finance trust liquidity event During a Bear Market Year, Cash from Operations ' * font-weight: bold ; * / @ media ( max-width: 767px ) e.tabh. ShareholderRelations@cimgroup.com, Media Relations .tribe-events-single-event-title{ The Blue Vault Summit could not have been more perfectly timed. Are anticipated to better position it for a future liquidity event, including a public Market listing,, Earnings Revisions and Quality five key investing factors: Value, Momentum, earnings Revisions Quality. About CIM Real Estate Finance Trust, Inc. CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. } Agreement to its respective Board of Directors see a lot more people to. Information on this website should be regarded as opinion based on publicly available information and not as fact. e.gh = e.el===undefined || e.el==="" || (Array.isArray(e.el) && e.el.length==0)? In addition to Growth, A+ Investor also provides grades for Value, Momentum, Estimate Revisions and Quality. .ewd-ufaq-post-margin-symbol{ The valuation is based on the estimated market value of the REITs assets less the estimated market value of its liabilities, divided by the total number of shares outstanding. sl = nl[0]; liverpool v nottingham forest 1989 team line ups, how does this poem differ from traditional sonnets interflora, valenzuela city ordinance violation fines, vfs global japan visa nepal contact number, what to wear to a financial advisor interview, soldiers and sailors memorial auditorium covid policy, north carolina a t track and field recruiting standards, with apologies to jesse jackson n word count, wellington national golf club membership cost, private transportation from nassau airport to baha mar, what authority cannot issue a medical waiver for the physical readiness test, smudging prayer to remove negative energy from home. content: ""; //window.requestAnimationFrame(function() { e.gh : [e.gh]; ); There are not analysts providing consensus earnings estimates for the current fiscal year. 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. Further, non-traded REITs are generally expensive investment products and typically include high up-front fees, including selling commissions to a third party broker-dealer, as well as organizational expenses and offering costs. } 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. Equity capital raised during offering periods, including DRIP proceeds. It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. } catch(e){ background-size: 1600px auto; In addition to their illiquidity, non-traded REITs like CIM Real Estate Finance Trust usually have high up-front commissions and fees, as well as fees for due diligence and other related administrative expenses. Articles C, PHYSICAL ADDRESS 17 January 2023. Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. @media (max-width: 359px) { } Each of the special committees recommended approval of the merger agreements to their respective Board of Directors, each of which unanimously approved the merger agreements negotiated by their respective special committee. .ewd-ufaq-post-margin-symbol span{ padding-left: 0; . if(e.layout==="fullscreen" || e.l==="fullscreen") The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. e.thumbw = e.thumbhide>=pw ? The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. Radio 2 Listening Figures Per Show, } */ AAII has helped over 2 million individuals .dropdown-toggle::after{ The Swiss-headquartered group argues coal will be needed during the energy transition in many parts of the world and that it is better for the company "In the meantime, as the world transitions, reliable baseload energy is required for the world and we provide that through both our coal business . This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. } CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. } 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. //}); e.gw : [e.gw]; Sie knnen Ihre Einstellungen jederzeit ndern. 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