Welcome to our dedicated page for Creative Media & news (Ticker: CMCT), a resource for investors and traders seeking the latest updates and insights on Creative Media & stock.
Creative Media & Community Trust Corporation is a REIT that owns, operates and develops multifamily and creative office assets in U.S. communities, with one hotel in Northern California. Its news commonly covers quarterly operating results, office leasing trends, multifamily development activity, asset sales, balance-sheet actions and preferred stock dividends or redemptions.
CMCT updates also address capital-structure changes, including reverse stock splits and exchanges of preferred stock into common stock, as well as shareholder voting and governance matters. The company is operated by affiliates of CIM Group, L.P., which provides real estate acquisition, development, leasing, finance and property-management capabilities.
Stonegate Capital Partners initiated coverage on Creative Media & Trust Corp. (NASDAQ: CMCT), highlighting a shift from balance sheet repair to FFO conversion. CMCT has redeemed $396.2M of preferred stock, sold First Western, and retired its recourse credit facility.
A March 2026 preferred redemption of $242.8M is expected to improve annual FFO by about $16.0M starting in 2Q26, making upcoming quarters a cleaner test of post-recapitalization earnings power.
Creative Media & Community Trust (NASDAQ: CMCT) reported Q1 2026 results. The company implemented 1-for-10 reverse stock splits, reported a net loss of $(34.7) million and FFO of $(28.8) million. Core FFO was $(5.9) million and undepreciated book value per share was $147.22. CMCT sold its lending business for approximately $44.9 million (net cash proceeds ~$31.2 million), and redeemed ~$242.8 million of preferred stock in March, a move the company says should improve FFO by ~$16.0 million per year.
Portfolio occupancy: office 73.1% (85.7% excluding one Oakland building), multifamily same-store 91.4% (multifamily segment 89.6%), hotel RevPAR $178.71.
Creative Media & Community Trust (NASDAQ: CMCT) will report its first quarter 2026 earnings on Friday, May 8, 2026 before the market opens. A conference call to discuss results and business is set for 12:00 p.m. Eastern Time the same day.
Executives hosting the call are CEO David Thompson, CFO Brandon Hill, and Portfolio Oversight Steve Altebrando. Live webcast registration is available via the Investors tab at least 15 minutes before the call; domestic and international dial‑in numbers are provided and a replay will be archived for 90 days.
Creative Media & Community Trust (NASDAQ: CMCT) announced a one-for-ten reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on April 20, 2026. Trading on Nasdaq will reflect the split-adjusted shares at market open on April 20, 2026.
No fractional shares will be issued; holders entitled to fractional shares will receive a cash payment in lieu. Shares held through brokers or nominees will be adjusted automatically. The trading symbol will remain CMCT and a new CUSIP 12564W219 becomes effective at the Reverse Stock Split.
Creative Media & Community Trust (NASDAQ: CMCT) declared quarterly preferred stock dividends for Q1 2026. Dividends are payable April 15, 2026 to holders of record on April 5, 2026.
Per share quarterly amounts: Series A $0.34375, Series A1 $0.399375 (annualized 6.39%), and Series D $0.353125. Series A1 dividends are cumulative and linked to the federal funds rate plus 2.5% subject to stated caps.
Creative Media & Community Trust (NASDAQ: CMCT) will effect a one-for-ten reverse stock split of its common stock. The split was approved by stockholders on October 16, 2025 and is expected to be effective at 12:01 a.m. ET on March 26, 2026.
Shares will trade on a split-adjusted basis at market open on March 26, 2026, the trading symbol will remain CMCT, fractional shares will not be issued and will be paid in cash in lieu, and a new CUSIP 12564W227 will be effective at the Effective Time.
Creative Media & Community Trust (NASDAQ: CMCT) completed a March 2026 redemption converting approximately 1,957,823 Series A, 7,734,130 Series A1 and 21,760 Series D preferred shares into common stock. The redemption is expected to improve FFO by ~$16.0 million per year and return capital structure toward long-term targets. CMCT reported total stockholders' equity of $265.4 million and estimated adjusted undepreciated common book value of $392.0 million (≈ $1.49 per common share) after the redemption.
The company does not currently intend further elective redemptions but will evaluate holder requests on receipt.
Creative Media & Community Trust Corporation (NASDAQ: CMCT) reported Q4 2025 results with a net loss attributable to common stockholders of $(17.7) million and FFO of $(7.1) million (Core FFO $(5.9) million/b).The company sold its lending business for a purchase price of approximately $44.9 million (net cash proceeds ~$31.2 million) and announced a March 2026 Redemption expected to improve FFO by ~$16.0 million per year.
Portfolio highlights: office leased 74.8% (88.5% excluding one Oakland building), multifamily 85.3% occupied, and completed a 36-unit multifamily building in Echo Park.
Creative Media & Community Trust (NASDAQ: CMCT) will release its fourth quarter 2025 earnings on Monday, March 9, 2026 before the market opens and will host a conference call the same day at 5:00 p.m. ET with CEO David Thompson, CFO Brandon Hill, and Portfolio Oversight Steve Altebrando.
Investors can join via webcast from the company website, by phone, and an archived replay will be available for 90 days.
Creative Media & Community Trust (NASDAQ: CMCT) announced it has closed the previously announced 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 (net of outstanding 2023 securitization debt), and the company received approximately $31.2 million in net cash proceeds after other debt, transaction expenses and related matters. The sale is intended to strengthen CMCT's balance sheet and improve liquidity while focusing on its multifamily portfolio.