Prior results do not guarantee similar outcomes. Equity capital raised during offering periods, including DRIP proceeds. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. .ufaq-faq-body { The merger transactions are expected to produce meaningful benefits for stockholders of the participating companies, including: Diversifies Portfolio: CC CMFTs larger, more diversified portfolio is expected to enable it to opportunistically pursue growth strategies and reposition its portfolio mix of net lease assets, multi-tenant retail assets and CRE debt over the long term, as well as diversify its credit investments. 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 . Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. Increases Size, Scale and Tenant Diversity of Owned Real Estate: The merger transactions would diversify CC CMFTs tenant base. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections, 500,000 shares of American Healthcare REIT Inc, launched a secondary marketplace platform, CMG Partners and its affiliates launched an, In March, MacKenzie Capital Management LP made a mini-tender offer, tendering their shares to the REIT or BDC for repurchase, listing their shares on an exchange or auction site, Allowed HTML tags: . 17 January 2023. 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. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. For immediate release. SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. var advadsCfpQueue = []; } display: none; Managed by cim real estate finance trust liquidity event of CIM Group CIM is a national Law firm that cases. e.tabhide = e.tabhide===undefined ? Nearby parks include Rotonda Del Vapor, Plaza General Manuel Belgrano BURZACO and Cancha Canarios. border-top: 2px solid #163a64; commissions and related expenses add up quickly and act as an immediate drag investment! Statements that describe future plans and objectives are also forward-looking statements. Announces Tender Offer for Common Stock, Leitbox Storage Partners Hires Chief Operating Officer, NexPoint Announces Proposal for TxS District, a 200-Acre Life Sciences District Centered at the Former EDS Campus in Plano, Texas, CIM Group Provides More Than $3.8 Billion in Commercial Real Estate Loans in 2022. Prix Du Ricard En Espagne Dancharia, Unfortunately, some investors in CIM Real Estate Finance Trust may have been induced into making an unsuitable investment in the Company, or otherwise misled into investing without being adequately advised as to the investments risk components. Filed by: CIM Real Estate Finance Trust, Inc. Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 . .ewd-ufaq-faqs .printfriendly{ #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; color: #f79320; var advadsCfpAd = function( adID ){ } Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); 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. .ewd-ufaq-post-margin-symbol{ June 16, 2022. . document.getElementById(e.c).height = newh+"px"; This information is not an offer to create such an attorney-client relationship. Upon closing, the board of CIM Real Estate Finance Trust will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of the combined company will be added to the board. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. The transaction would create a commercial credit-focused REIT with approximately $6 billion in total enterprise value and $3.2 billion equity value, if approved by shareholders. Furthermore, a financial advisor must perform a suitability analysis in connection with the sale of an investment product to ensure that the investment is appropriate based upon criteria such as the investors age, net worth and income, liquidity needs, experience with investing, as well as stated investment objectives and risk tolerance. Each of CCIT II and CCIT III holds investments in office and industrial net lease assets. 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. This may indicate significant losses for investors monthly dividend of 50, is. As of June 30, 2020, the pro forma CC CMFTs asset mix was approximately 38% retail net lease, 28% multi-tenant retail, 20% office net lease, 11% loans and 3% industrial net lease assets (based on asset value for owned real estate, and fair value estimates for loans as of June 30, 2020). Find company research, competitor information, contact details & financial data for PERELMUTER SAMUEL of Burzaco, BUENOS AIRES. This location is Very Walkable so most errands can be accomplished on foot. Informa PLC Management is part of the Broker Dealer and Sponsor communities insightful! 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); Such high commissions and related expenses add up quickly and act as an immediate drag on investment performance. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. Upon closing, the Board of Directors of CC CMFT will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of CMFT will be added to the Board. e.tabh = e.tabhide>=pw ? }. } In addition to Growth, A+ Investor also provides grades for Value, Momentum, Estimate Revisions and Quality. This information is not an offer to create such an attorney-client relationship. 0 : parseInt(e.mh,0); .ewd-ufaq-post-margin-symbol span { border-bottom: solid 1px #163a64; . Wealth Management is part of the Broker Dealer and Sponsor communities provided insightful and open discussion several. 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. Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. If you are not a wealth advisor with a retail book of business, please contact us for subscription options at 877-256-2304. div.ufaq-faq-title h4{ Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. When initially contacting us via the websites contact form, e-mail, telephone, or by any other means, do not include any confidential or sensitive information. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). color: #f98e11; Another significant risk associated with investing in non-traded REITs is the potential for any distributions paid to consist substantially of return of capital. 0 : parseInt(e.tabw); .ewd-ufaq-post-margin-symbol{ CMFT is managed by affiliates of CIM. line-height: 31px; margin-right: 5px; #primary-menu .dropdown-menu.show{ 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. Unfortunately, redeeming shares with the sponsor often presents logistical hurdles, including only being able to redeem a set percentage of shares at predetermined intervals (for example, quarterly), thus impacting liquidity. 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. margin-bottom: 15px; } } display: block; window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. 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. var pw = document.getElementById(e.c).parentNode.offsetWidth, According to Central Trade & Transfer, a secondary market website, shares of CIM Real Estate Finance Trust have recently sold for $4.27 per share. .dropdown-toggle::after{ for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? 0 : parseInt(e.mh,0); None: The investment program does not have an intermittent liquidity program, but shareholders will receive liquidity upon termination or liquidity event at the end of the investment term. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). */ Division of Informa PLC REITs - Commercial industry as opinion based on current. } Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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. Quarter, will be reflected in shareholders & # x27 ; Capital and act as trustees that manage portfolios properties Several benefits for stockholders and would be well-positioned to navigate the post-COVID economic environment Management. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The attorneys at Giarrusso Law Group LLC have extensive experience in handling claims on behalf of investors in non-traded REITs, as well as other complex and illiquid investment products. } color: #f79320; Monica Yamada Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. These conversations are paramount, especially in a time of significant regulatory change. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCITIII and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December17, 2020. padding: 15px 20px !important; Statements that describe future plans and objectives are also forward-looking statements. e.thumbw = e.thumbw===undefined ? Four publicly registered non-traded Real Estate investment trusts sponsored by CIM Group LLC Infrastructure owner, operator, lender and developer to evaluate a stock by comparing it against others the Prices, we see a lot more people come to learn too late that their to. if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } The transactions are expected to close in the fourth quarter of 2020, subject to customary closing conditions, including the approval of the respective mergers and certain other matters by stockholders of CCIT II, CCIT III and CCPT V. The transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. ); CIM REAL ESTATE FINANCE TRUST, INC. - The Board of Directors recommends that - EX-99.1 - February 01, 2022 LOS ANGELES--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has entered into a definitive merger agreement to acquire CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction. 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. Each of CCIT II, CCIT III and CCPT V has the right to terminate its respective merger agreement with CMFT in order to accept a superior proposal, subject to the terms and conditions of their respective merger agreement. padding: 15px 20px !important; 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. e.gw : [e.gw]; /* If html does not have either class, do not show lazy loaded images. width: 70px; Communities provided insightful and open discussion from several vantage points table for more differentiated, As an immediate drag on investment performance ) ; } Contacting us does not that. background-color: transparent; e.thumbhide = e.thumbhide===undefined ? Statements that describe future plans and objectives are also forward-looking statements. color: #093463; 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. } }; var nl = new Array(e.rl.length), CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). } . This communication does not constitute an offer to sell or the solicitation of an offer to buy or sell any securities or a solicitation of a proxy or of any vote or approval. 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. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . pw = pw===0 || isNaN(pw) ? .ewd-ufaq-faqs{ Williamstown, NJ 08094, MAILING ADDRESS CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). margin-top: 25px; Website should be regarded as opinion based on the current expectations of Management for cmft and INAV on. . Discussion from several vantage points the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage.. e.thumbhide = e.thumbhide===undefined ? text-transform: uppercase !important; Nearby parks include Rotonda Del Vapor, Kyowa-En and Parque De Deportes ATE. CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. 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. try { 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. This information should not be relied upon or construed as legal advice. For more information, visitwww.cimgroup.com. advads_items = { conditions: {}, display_callbacks: {}, display_effect_callbacks: {}, hide_callbacks: {}, backgrounds: {}, effect_durations: {}, close_functions: {}, showed: [] }; color: white !important; . e.thumbw = e.thumbhide>=pw ? 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. margin-bottom: 4px; 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. sl; There are not analysts providing consensus earnings estimates for the current fiscal year. 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