CMCT - Dividend announcements

Creative Media & Community Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended March 31, 2026. On March 26, 2026, the Company effected a 1-for-10 reverse stock split on the Company's Common Stock, par value $0.001 per share (the "Common Stock"), and on April 20, 2026, the Company effected a 1-for-10 reverse stock split on its Common Stock. All of the share and per share amounts in this release have been adjusted to give retroactive effect to the reverse stock splits (collectively, the "Reverse Stock Splits"). First Quarter 2026 Highlights Real Estate Portfolio CMCT's office portfolio was 73.1% leased as

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the first quarter of 2026. The dividend will be payable on April 15, 2026 to holders of record on April 5, 2026. The dividend amounts are as follows:   Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.399375 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.399375 per share represents an annualized dividend rate of 6.39% (2.5%

Creative Media & Community Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", or the "Company") announced today that it has redeemed approximately 1,957,823 shares of Series A Preferred Stock, par value $0.001 per share, approximately 7,734,130 shares of Series A1 Preferred Stock, par value $0.001 per share, and approximately 21,760 shares of Series D Preferred Stock, par value $0.001 per share (collectively, the "Preferred Stock"), in shares of Common Stock (the "March 2026 Redemption"). The redemption improves the Company's Funds from Operations attributable to common stockholders ("FFO")1 and balance sheet and positions shareholders to benefit from improving operating trends across

Creative Media & Community Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended December 31, 2025. Fourth Quarter 2025 Highlights Real Estate Portfolio CMCT's office portfolio was 74.8% leased as of December 31, 2025 (88.5% leased when excluding our one Oakland office building (the "Oakland Office Building"), compared to 81.7% leased as of December 31, 2024). Executed 22,966 square feet of leases with terms longer than 12 months. During the fourth quarter, one of our unconsolidated joint ventures completed the development of a 36-unit multifamily building in Los Angeles, California. Financial Resu

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the fourth quarter of 2025. The dividend will be payable on January 15, 2026 to holders of record on January 5, 2026. The dividend amounts are as follows:   Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.426875 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.426875 per share represents an annualized dividend rate of 6.83% (

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended September 30, 2025. Third Quarter 2025 Highlights Real Estate Portfolio Office portfolio was 73.6% leased. Excluding our one Oakland office asset, the office leased percentage is 86.6%, compared to 81.7% at the end of 2024. Executed 80,962 square feet of leases with terms longer than 12 months. Refinanced an $81.0 million mortgage loan at a multifamily property in Oakland, CA, extending the maturity date to January 2027. Financial Results Net loss attributable to common stockholders of $(17.7) million, or

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the third quarter of 2025. The dividend will be payable on October 15, 2025 to holders of record on October 5, 2025. The dividend amounts are as follows:   Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.426875 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.426875 per share represents an annualized dividend rate of 6.83% (2

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended June 30, 2025. First Quarter 2025 Highlights Real Estate Portfolio Same-store office portfolio(2) was 70.1% leased. Executed 47,859 square feet of leases with terms longer than 12 months. In April 2025, closed a $35.5 million variable-rate mortgage on an office property in Austin, Texas, using a portion of the proceeds to repay all outstanding obligations under the 2022 Credit Facility. In July 2025, signed a lease with a tenant for 30,831 square feet at our office property at 3601 S Congress Avenue in Austin

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the second quarter of 2025. The dividend will be payable on July 15, 2025 to holders of record at the close of business on July 5, 2025. The dividend amounts are as follows:   Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.426875 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.426875 per share represents an annualized divid

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended March 31, 2025. On April 15, 2025, the previously announced 1-for-25 reverse stock split of our Common Stock became effective. All of the share and per share amounts in this release have been adjusted to give retroactive effect to the reverse stock split. First Quarter 2025 Highlights Real Estate Portfolio Same-store office portfolio(2) was 71.4% leased. Executed 30,333 square feet of leases with terms longer than 12 months. During the three months ended March 31, 2025, closed a $5.0 million mortgage loan on an offi

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the first quarter of 2025. The dividend will be payable on April 15, 2025 to holders of record at the close of business on April 5, 2025. The dividend amounts are as follows: Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.4425 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.4425 per share represents an annualized dividend rate of 7.08% (2.5% plus the

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three months ended December 31, 2024. On January 6, 2025, the previously announced one-for-ten reverse stock split of our Common Stock became effective. All of the share and per share amounts in this release have been adjusted to give retroactive effect to the reverse stock split. Fourth Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 71.0% leased. Executed 175,654 square feet of leases with terms longer than 12 months. Closed a variable-rate mortgage loan on our hotel property, with an initial advance

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (the "Company") announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the fourth quarter of 2024. The dividend will be payable on January 15, 2025 to holders of record at the close of business on January 5, 2025. The dividend amounts are as follows:   Quarterly Dividend Amount Series A Preferred Stock $0.34375 per share Series A1 Preferred Stock $0.489375 per share* Series D Preferred Stock $0.353125 per share *The quarterly cash dividend of $0.489375 per share represents an annualized

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended September 30, 2024. Third Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 72.9% leased. Executed 4,850 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $34.8 million, or $1.22 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(28.4) million, or $(1.00) per diluted share. Core FFO attributable to common stockholders(4)1 was $(11.5) million, or $(0.40) per diluted

The Board of Directors Declares $0.04 Per Share Quarterly Common Dividend Payable in Common Stock CMCT Announces Steps to Strengthen Balance Sheet and Improve Liquidity CMCT (NASDAQ:CMCT) announced today actions to accelerate the transition of its focus towards premier multifamily assets from traditional office assets and strengthen its balance sheet and liquidity. The Company has previously targeted a capital structure consisting of approximately 40% common equity, 30% preferred equity and 30% debt. The recent decline in real estate values, particularly in the Bay Area and the office market in general, has resulted in a lower than targeted common equity ratio. CMCT recently explored the

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended June 30, 2024. Second Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.5% leased. Executed 52,346 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $9.7 million, or $0.43 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(3.3) million, or $(0.14) per diluted share. Core FFO attributable to common stockholders(4)1 was $(2.1) million, or $(0.09) per dil

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the third quarter of 2024. The dividend amount, the record date and the payment date are as follows:   Monthly Dividend Amount (per share)   Record Date Payment Date Series A Preferred Stock ($0.34375 per share for the quarter)   $0.114583 August 5, 2024 September 5,2024 October 5, 2024 August 15, 2024 September 16, 2024 October 15, 2024 Series A1 Preferred Stock ($0.489375 per share for the quarter)*   $0.163125 Series D Preferred S

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on July 22, 2024 to stockholders of record at the close of business on July 8, 2024. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisition, de

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.7% leased. Executed 36,961 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $12.3 million, or $0.54 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(5.9) million, or $(0.26) per diluted share. Core FFO attributable to common stockholders(4)1 was $(4.4) million, or $(0.19) per dilut

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the second quarter of 2024. The dividend amount, the record date and the payment date are as follows:   Monthly Dividend Amount (per share)   Record Date Payment Date Series A Preferred Stock ($0.34375 per share for the quarter)   $0.114583 May 5, 2024 June 5,2024 July 5, 2024 May 15, 2024 June 17, 2024 July 15, 2024 Series A1 Preferred Stock ($0.489375 per share for the quarter)*   $0.163125 Series D Preferred Stock ($0.353125 p

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months and year ended December 31, 2023. Fourth Quarter 2023 Highlights Real Estate Portfolio Same-store office portfolio(2) was 84.0% leased. Executed 38,280 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $16.3 million, or $0.72 per diluted share. Funds from operations attributable to common stockholders ("FFO")(3)1 was $(9.9) million, or $(0.44) per diluted share. Core FFO attributable to common stockholders(4)1 was $(8.4) million, or $(0.

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on April 22, 2024 to stockholders of record at the close of business on April 8, 2024. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisition,

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock 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 2024. The dividend will be payable monthly as follows: $0.114583 per share to be paid on February 15, 2024 to Series A Preferred Stockholders of record on February 5, 2024; $0.114583 per share to be paid on March 15, 2024 to Series A Preferred Stockholders of record on March 5, 2024; and $0.114583 per share to be paid on April 15, 2024 to Series A Preferred Stockho

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on January 16, 2024 to stockholders of record at the close of business on January 2, 2024. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisiti

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three and nine months ended September 30, 2023. Third Quarter 2023 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.9% leased. Executed 29,291 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $22.9 million, or $1.01 per diluted share. Funds from operations ("FFO") attributable to common stockholders(3) was $(7.5) million, or $(0.33) per diluted share. Core FFO attributable to common stockholders(4) was $(7.1) million, or $(0.31

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock The Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the fourth quarter of 2023. The dividend will be payable monthly as follows: $0.114583 per share to be paid on November 15, 2023 to Series A Preferred Stockholders of record on November 5, 2023; $0.114583 per share to be paid on December 15, 2023 to Series A Preferred Stockholders of record on December 5, 2023; and $0.114583 per share to be paid on January 15, 2024 to Series A Preferre

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on October 23, 2023 to stockholders of record at the close of business on October 9, 2023. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisiti

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights Real Estate Portfolio Same-store office portfolio(2) was 84.1% leased. Executed 29,212 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $23.8 million, or $1.05 per diluted share. Funds from operations ("FFO") attributable to common stockholders(3) was $(4.2) million, or $(0.19) per diluted share. Core FFO attributable to common stockholders(4) was $(3.9) million, or $(0.17) per

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock The Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the third quarter of 2023. The dividend will be payable monthly as follows: $0.114583 per share to be paid on August 15, 2023 to Series A Preferred Stockholders of record on August 5, 2023; $0.114583 per share to be paid on September 15, 2023 to Series A Preferred Stockholders of record on September 5, 2023; and $0.114583 per share to be paid on October 16, 2023 to Series A Preferred S

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on July 24, 2023 to stockholders of record at the close of business on July 10, 2023. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisition, d

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended March 31, 2023. First Quarter 2023 Highlights Real Estate Portfolio Same-store office portfolio(2) was 83.6% leased. Executed 43,887 square feet of leases with terms longer than 12 months. Purchased two multifamily properties with a combined 621 units and two land parcels in Oakland for a combined purchase price of $282.9 million. Invested $6.6 million of equity in a newly formed joint venture that acquired a 75 unit multifamily building in Echo Park, Los Angeles. Sold an 80% interest in an office buildin

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock The Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the second quarter of 2023. The dividend will be payable monthly as follows: $0.114583 per share to be paid on May 15, 2023 to Series A Preferred Stockholders of record on May 5, 2023; $0.114583 per share to be paid on June 15, 2023 to Series A Preferred Stockholders of record on June 5, 2023; and $0.114583 per share to be paid on July 17, 2023 to Series A Preferred Stockholders of rec

Creative Media & Community Trust Corporation (NASDAQ:CMCT) ("we," "our," "CMCT," or the "Company") today reported operating results for the three months and year ended December 31, 2022. Fourth Quarter 2022 Highlights Real Estate Portfolio Same-store(1) office portfolio was 84.8%1 leased. Executed 37,566 square feet of leases with terms longer than 12 months. Financial Results As previously announced on December 23, 2022, we redeemed all remaining outstanding shares of our Series L Preferred Stock in cash on January 25, 2023 for a total cost of $83.8 million. Net loss attributable to common stockholders of $8.9 million, or $0.39 per diluted share. Funds from operations ("FFO")

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on April 11, 2023 to stockholders of record at the close of business on March 30, 2023. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM to the acquisition, d

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock 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. The dividend will be payable monthly as follows: $0.114583 per share to be paid on February 15, 2023 to Series A Preferred Stockholders of record on February 5, 2023; $0.114583 per share to be paid on March 15, 2023 to Series A Preferred Stockholders of record on March 5, 2023; and $0.114583 per share to be paid on April 17, 2023 to Series A Preferred Stockhold

CMCT (NASDAQ:CMCT) Creative Media & Community Trust Corporation ("CMCT") previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpaid dividends (collectively, the "Redemption Price"). There are 2,951,876 shares of Series L Preferred Stock outstanding as of the date hereof. As required by the terms of the Series L Preferred Stock, CMCT will convert the Redemption Price from USD into ILS on January 19, 2023. CMCT will announce the result of the conversion on its website. All holders of record of the Series L Preferred Stock on January 19, 2023 will receive the pay

Creative Media & Community Trust Corporation (NASDAQ:CMCT) announced today that, pursuant to the terms and conditions of its Series L Preferred Stock, it will redeem in cash all outstanding shares of its 5.5% Series L Preferred Stock at a redemption price equal to 100% of the Series L Stated Value ($28.37 per share), plus any accrued and unpaid dividends through December 31, 2022. The redemption date will be January 25, 2023, the date previously announced as the dividend payment date for the 2022 annual dividend on the Series L Preferred Stock. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that seeks to own, operate and develop premier

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on January 9, 2023 to stockholders of record at the close of business on December 27, 2022. In addition, the Board of Directors has declared an annual cash dividend of $1.56035 per share of CMCT's Series L Preferred Stock. The dividend will be paid on January 25, 2023 to Series L Preferred Stockholders of record on December 29, 2022. ABOUT CMCT Creative Media & Community Trust Corporation ("CMCT") is a real estate investment trust that seeks to own, operate and develop premier multifamily and creative office assets in vibrant

Creative Media & Community Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", or the "Company") today reported operating results for the three and nine months ended September 30, 2022. Third Quarter 2022 Highlights Real Estate Portfolio Stabilized office portfolio(1) was 86.5% leased. Executed 58,666 square feet of leases with terms longer than 12 months. Purchased an Austin, Texas property for $1.9 million. We are currently working on multifamily pre-development on this and an already owned adjacent site. Financial Results Repurchased $4.4 million of common stock at an average price of $7.10 per share. Repurchased $66.7 million of Series L Preferred Stock at approximately

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on October 17, 2022 to stockholders of record at the close of business on October 3, 2022. In addition, the Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the fourth quarter of 2022. The dividend will be payable as follows: $0.114583 per share to be paid on November 15, 2022 to Series A Preferred Stockholders of record on November 5, 2022; $0.114583 per share to be paid on December 15, 2022 to Series A Preferred Stockholders of record on December 5, 2022; a

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on July 5, 2022 to stockholders of record at the close of business on June 20, 2022. In addition, the Board of Directors has declared a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the third quarter of 2022. The dividend will be payable as follows: $0.114583 per share to be paid on August 15, 2022 to Series A Preferred Stockholders of record on August 5, 2022; $0.114583 per share to be paid on September 15, 2022 to Series A Preferred Stockholders of record on September 5, 2022; and $0.114

Creative Media & Community Trust Corporation (NASDAQ:CMCT) (TASE: CMCT-L) ("CMCT") today announced that its Board of Directors authorized a repurchase program of up to $10 million of the Company's common stock. "CMCT's financial performance continues to improve, and we have several highly attractive premier multifamily and creative office opportunities in the portfolio," said David Thompson, CEO of CMCT. "We also believe there is an opportunity to create additional value for shareholders by opportunistically repurchasing shares that are trading at a significant discount to intrinsic value. Since going public in 2014, CMCT has been one of the most active U.S. listed REITs in returning capit

CMCT (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock, an approximate 13% increase from the prior quarter. This dividend represents a 4.6% annualized yield utilizing the March 7 closing price. The dividend will be paid on April 1, 2022 to stockholders of record at the close of business on March 19, 2022. "The board is pleased to declare this initial increase in our dividend," said David Thompson, Chief Executive Officer of CMCT. "Our goal is to continue to grow the dividend as we benefit from our dramatically reduced cost structure, an improving leasing environment and continued progress on our value-add as

CIM Commercial Trust Corporation ("CMCT") (NASDAQ:CMCT) announced today that its Penn Field property located at 3601 South Congress Avenue in Austin, Texas is now approximately 97% leased, up from approximately 85% in third quarter of 2021. In the fourth quarter 2021, three leases were executed at Penn Field including a 10-year, 20,532-square-foot lease with a premier technology company. Subsequent to signing this lease, this technology company exercised its right to take additional space that would increase the property to 99% leased. Penn Field, an approximately 228,000-square-foot, 16-acre, mixed-use property located in Austin's "SoCo" Business District, was originally developed in 1918

Anticipates $0.21 per share in annualized cost savings Management intends to recommend a dividend increase starting in first quarter 2022 CIM Commercial Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", "CIM Commercial", or the "Company") announced that CIM Group, the manager to CMCT, has agreed to a fee waiver that is expected to reduce CMCT's management fee by approximately 55%, resulting in $0.21 per share of annualized cost savings. The agreement is effective January 1, 2022. "This new fee structure more closely aligns our manager with the success of the common stockholders of CIM Commercial," said David Thompson, Chief Executive Officer of CIM Commercial Trust. "Management inten

CIM Commercial Trust Corporation (NASDAQ:CMCT) announced today that its Board of Directors has declared a quarterly cash dividend of $0.075 per common share. The dividend will be paid on January 5, 2022 to stockholders of record at the close of business on December 20, 2021. In addition, the Board of Directors has declared a cash dividend of $0.114583 per share of CMCT Series A Preferred Stock for the month of December 2021, to be paid on January 18, 2022 to Series A Preferred Stockholders of record on January 5, 2022 and a quarterly cash dividend of $0.34375 per share of CMCT's Series A Preferred Stock for the first quarter of 2022. The dividend will be payable as follows: $0.114583 per s

CIM Commercial Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", "CIM Commercial", or the "Company"), a real estate investment trust ("REIT"), today reported operating results for the three and nine months ended September 30, 2021. Third Quarter 2021 Highlights Portfolio Same-store(1) office portfolio was 78.2% leased. Executed 32,646 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $3.2 million, or $0.14 per diluted share. Funds from operations ("FFO") attributable to common stockholders(2) was $1.8 million, or $0.08 per diluted share. Core FFO attributable to common stockholders(3) was $2.0 million,

CIM Commercial Trust Corporation (NASDAQ:CMCT) ("we", "our", "CMCT", "CIM Commercial", or the "Company"), a real estate investment trust ("REIT"), today reported operating results for the three and six months ended June 30, 2021. Second Quarter 2021 Highlights Portfolio Same-store(1) office portfolio was 78.5% leased. Executed 21,913 square feet of leases with terms longer than 12 months. Financial Results Net loss attributable to common stockholders of $4.2 million, or $0.28 per diluted share. Funds from operations ("FFO") attributable to common stockholders(2) was $859,000, or $0.06 per diluted share. Core FFO attributable to common stockholders(3) was $1.0 million, or $0.0