Creative Media & Stock Price, News & Analysis

Creative Media & Community Trust (NASDAQ: CMCT) entered into a definitive agreement to sell its lending division to PG FR Holding, an affiliate of Peachtree Group, for an estimated purchase price of approximately $44 million (net of outstanding securitization debt), subject to adjustment through closing.

After payment of other debt, transaction expenses and related matters, CMCT expects net cash proceeds of roughly $31 million. Closing requires U.S. Small Business Administration consent and other customary conditions. The sale supports CMCT’s priorities to grow its multifamily portfolio, strengthen the balance sheet and improve liquidity. At closing, CFO Barry Berlin will resign and be succeeded by Brandon Hill.

Creative Media & Community Trust (NASDAQ: CMCT) will release its third quarter 2025 earnings on Friday, November 14, 2025 before the market opens. A conference call to discuss results is scheduled for 12:00 p.m. Eastern Time the same day.

The call will be hosted by CEO David Thompson, CFO Barry Berlin, and Portfolio Oversight Steve Altebrando. Investors can join via webcast by visiting the company website and registering at least 15 minutes before the call, or by phone at 1-844-763-8274 (domestic) or 1-412-717-9224 (international). An archived replay will be available for 90 days on the investor website.

Creative Media & Community Trust (NASDAQ: CMCT) has declared quarterly preferred stock dividends for Q3 2025, payable on October 15, 2025 to shareholders of record as of October 5, 2025. The company announced the following dividend rates:

- Series A Preferred Stock: $0.34375 per share
- Series A1 Preferred Stock: $0.426875 per share (6.83% annualized rate)
- Series D Preferred Stock: $0.353125 per share

The Series A1 Preferred Stock dividend rate is calculated based on a formula that includes the federal funds rate plus 2.5%, with a maximum quarterly cap of 2.5% of the stated value.

Creative Media & Community Trust (NASDAQ: CMCT) reported significant leasing momentum in 2025, executing approximately 140,000 square feet of office leases with 31 tenants, marking a 55% increase from the previous year. Key leases include a 31,000-square-foot agreement with a global medical technology company in Austin, a 12,000-square-foot lease with a medical business in Brentwood, and an 11,000-square-foot lease with a government agency in Los Angeles.

The company has demonstrated strong leasing performance since Q4 2024, with total lease executions reaching approximately 315,000 square feet.

Creative Media & Community Trust (NASDAQ: CMCT) reported Q2 2025 financial results, showing a net loss of $(14.3) million, or $(18.94) per diluted share. The company's same-store office portfolio was 70.1% leased, with 47,859 square feet of new leases executed during Q2. Key developments include closing a $35.5 million variable-rate mortgage in Austin and securing a $20.0 million revolving credit facility backed by SBA 7(a) loans.

The company's real estate portfolio comprises 27 assets, including 12 office properties, 4 multifamily properties, 9 development sites, and one 505-room hotel. Segment performance showed mixed results with hotel NOI increasing 5.5% in H1 2025, while office and multifamily segments experienced declines. The company continues its strategic shift toward premier multifamily assets and balance sheet strengthening.

Creative Media & Community Trust (NASDAQ: CMCT) has scheduled its second quarter 2025 earnings release for Wednesday, August 13, 2025, before market open. The company will host a conference call at 12:00 p.m. Eastern Time on the same day.

The earnings call will feature CEO David Thompson, CFO Barry Berlin, and Portfolio Oversight Steve Altebrando. Investors can join via webcast at creativemediacommunity.com under the "Investors" tab or by phone at 1-844-763-8274 (Domestic) or 1-412-717-9224 (International). A replay will be available for 90 days on the company's website.

Creative Media and Community Trust (NASDAQ: CMCT) has secured a significant lease agreement with Boston Scientific Corporation (NYSE: BSX) at its Penn Field Campus in Austin, Texas. The approximately 11-year lease covers a 30,821-square-foot building, bringing the property's occupancy to 93%.

The Penn Field Campus, spanning 228,000 square feet across 16 acres in Austin's "SoCo" Business District, is a historic property originally developed in 1918 as a U.S. Army air base. The property has been transformed into a modern office campus while maintaining its historical character, featuring landscaped grounds and diverse tenants from technology, media, and entertainment sectors.

Creative Media & Community Trust (NASDAQ: CMCT) has declared preferred stock dividends for Q2 2025. The company will distribute dividends for its Series A, Series A1, and Series D Preferred Stock on July 15, 2025 to shareholders of record as of July 5, 2025.

The quarterly dividend amounts are: $0.34375 per share for Series A, $0.426875 per share for Series A1 (representing an annualized rate of 6.83%), and $0.353125 per share for Series D Preferred Stock.

Creative Media & Community Trust Corporation (NASDAQ: CMCT) reported its Q1 2025 financial results, marked by a net loss of $11.9 million ($20.73 per diluted share). The company's same-store office portfolio was 71.4% leased, with 30,333 square feet of new leases executed. Key financial metrics include FFO of $(5.4) million and Core FFO of $(5.1) million. CMCT secured new financing, including a $5.0 million mortgage loan in Los Angeles and a $35.5 million variable-rate mortgage in Austin, using proceeds to repay the 2022 Credit Facility. The company's hotel segment showed improvement with a 15% increase in NOI, while the multifamily segment faced challenges with occupancy declining to 80.2%. CMCT continues to focus on transitioning towards premier multifamily assets and strengthening its balance sheet.