Earnings summaries and quarterly performance for Creative Media & Community Trust.
Executive leadership at Creative Media & Community Trust.
Board of directors at Creative Media & Community Trust.
Research analysts who have asked questions during Creative Media & Community Trust earnings calls.
Recent press releases and 8-K filings for CMCT.
CMCT Closes Sale of Lending Division
CMCT
M&A
- Creative Media & Community Trust (CMCT) closed the sale of its lending division to PG FR Holding, LLC, an affiliate of Peachtree Group, on January 22, 2026.
- The purchase price was approximately $44.9 million, which was net of the outstanding balance of debt related to the 2023 securitization of certain loan receivables.
- The transaction yielded net cash proceeds to CMCT of approximately $31.2 million.
- This sale is in furtherance of CMCT’s main priorities for strengthening its balance sheet and improving its liquidity, while also growing its premier multifamily portfolio.
Jan 22, 2026, 9:23 PM
CMCT Closes Sale of Lending Division
CMCT
M&A
New Projects/Investments
- Creative Media & Community Trust (CMCT) has closed the sale of its lending division to PG FR Holding, LLC, an affiliate of Peachtree Group.
- The purchase price for the division was approximately $44.9 million, which, after accounting for debt and expenses, yielded approximately $31.2 million in net cash proceeds to CMCT.
- This sale is in furtherance of CMCT’s priorities to strengthen its balance sheet, improve liquidity, and grow its premier multifamily portfolio.
Jan 22, 2026, 1:00 PM
CMCT Announces Q3 2025 Results, Lending Business Sale, and CFO Transition
CMCT
Earnings
CFO Change
M&A
- Creative Media & Community Trust (CMCT) announced the sale of its non-core lending business for an estimated $44 million, expected to yield approximately $31 million after debt repayment and expenses, pending Small Business Administration approval.
- For Q3 2025, CMCT reported Core FFO of negative $10.5 million (or negative $13.96 per diluted share) and an overall net operating income of $7 million.
- Barry Berlin will step down as CFO to join the acquirer of the lending business, with Brandon Hill appointed as the new CFO upon the transaction's close.
- The company significantly reduced recourse debt, including the full retirement of a $169 million recourse credit facility earlier this year, and made progress on refinancing initiatives.
- Multifamily net operating income (NOI) increased by approximately $600,000 quarter-over-quarter and $284,000 year-over-year to $792,000 in Q3 2025, while office leasing activity saw a 69% increase year-over-year with 159,000 sq ft of leases executed through the first nine months of 2025. Hotel NOI was significantly impacted by renovations, falling to $850,000 in Q3 2025.
Nov 14, 2025, 5:00 PM
CMCT Reports Q3 2025 Results and Announces Lending Business Sale
CMCT
Earnings
M&A
Debt Issuance
- Creative Media & Community Trust Corporation reported a net loss attributable to common stockholders of $(17.7) million, or $(23.52) per diluted share, for the three months ended September 30, 2025.
- Funds from operations (FFO) attributable to common stockholders was $(11.1) million, or $(14.75) per diluted share, and Core FFO was $(10.5) million, or $(13.96) per diluted share, for the third quarter of 2025.
- The company entered into an agreement on November 6, 2025, to sell its lending business for approximately $44 million, with estimated net proceeds of $31 million.
- As of September 30, 2025, the office portfolio was 73.6% leased, and the company executed 80,962 square feet of leases with terms longer than 12 months during the third quarter of 2025. CMCT also refinanced an $81.0 million mortgage loan at a multifamily property, extending its maturity to January 2027, and declared preferred stock dividends for Q3 2025.
Nov 14, 2025, 1:23 AM
CMCT Announces Sale of Lending Division and CFO Transition
CMCT
M&A
CFO Change
Management Change
- Creative Media & Community Trust (CMCT) has entered into a definitive agreement to sell its lending division, First Western SBLC, Inc., to PG FR Holding, LLC for an estimated $44 million.
- The transaction is expected to yield net cash proceeds of approximately $31 million to CMCT, which will be used to strengthen its balance sheet, improve liquidity, and support the growth of its multifamily portfolio.
- Upon the closing of the transaction, Barry Berlin will resign from his roles as Executive Vice President, Chief Financial Officer, Treasurer, and Secretary, and Brandon Hill will succeed him as Chief Financial Officer and Treasurer.
- As part of his separation, Mr. Berlin will receive a severance payment of $350,000 and an additional payment of either $270,000 or $250,000, depending on the effective date of his resignation, along with the purchase of vested CMFT shares by CIM Group, L.P..
Nov 12, 2025, 12:13 PM
CMCT Announces Sale of Lending Division and CFO Change
CMCT
M&A
CFO Change
- Creative Media & Community Trust (CMCT) has entered into a definitive agreement to sell its lending division to PG FR Holding, LLC.
- The estimated purchase price for the lending division is approximately $44 million, with expected net cash proceeds of approximately $31 million to CMCT.
- This sale is in furtherance of CMCT’s priorities for growing its multifamily portfolio, strengthening its balance sheet, and improving its liquidity.
- Brandon Hill will succeed Barry Berlin as Chief Financial Officer and Treasurer of the Company upon the closing of the transaction.
Nov 12, 2025, 12:00 PM
Quarterly earnings call transcripts for Creative Media & Community Trust.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more