Creative Media & Community Trust (CMCT) insiders report 4.6% stakes

Rhea-AI Filing Summary

Creative Media & Community Trust Corp’s major affiliates and founders have updated their beneficial ownership reporting in this Schedule 13D/A. As of November 19, 2025, the filing assumes 1,085,191 common shares outstanding.

CMCT MLP, LLC directly owns 37,414 shares (about 3.4%), Urban Sponsor, LLC owns 1,930 shares (about 0.2%), Real Assets & Credit Fund owns 1,584 shares (about 0.1%), and Capital Real Property Management, LLC owns 8,480 shares (about 0.8%).

Including indirect interests, Richard Ressler may be deemed to beneficially own 49,908 shares (about 4.6%), while Avraham Shemesh and Shaul Kuba may each be deemed to beneficially own 49,593 shares (about 4.6%). Each reporting person disclaims beneficial ownership beyond their pecuniary interest.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 23)

Creative Media & Community Trust Corp

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

12564W102

(CUSIP Number)

David Thompson c/o CIM Grp LLC
4700 Wilshire Blvd,
Los Angeles, CA, 90010
(323) 860-4900

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

11/19/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

RESSLER RICHARD S

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 500.00
8	Shared Voting Power 49,408.00
9	Sole Dispositive Power 500.00
10	Shared Dispositive Power 49,408.00

11

Aggregate amount beneficially owned by each reporting person

49,908.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 23 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

Shemesh Avraham

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 49,593.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 49,593.00

11

Aggregate amount beneficially owned by each reporting person

49,593.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 23 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

Kuba Shaul

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 49,593.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 49,593.00

11

Aggregate amount beneficially owned by each reporting person

49,593.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 22 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

CIM Urban Sponsor, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,930.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,930.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,930.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.2 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

CIM Real Assets & Credit Fund

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,584.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,584.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,584.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

IV

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

CIM CMCT MLP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 37,414.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 37,414.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

37,414.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

3.4 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 12564W102

1

Name of reporting person

CIM Capital Real Property Management, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 8,480.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 8,480.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

8,480.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.8 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.001 per share
(b)	Name of Issuer: Creative Media & Community Trust Corp
(c)	Address of Issuer's Principal Executive Offices: 5956 Sherry Lane, SUITE 700, DALLAS, TEXAS , 75225.
Item 1 Comment: Reference is made to the initial statement on Schedule 13D (the Initial Statement) filed with the Securities and Exchange Commission (the SEC) on March 11, 2014 by Urban Partners II, LLC, a Delaware limited liability company (Urban II), Richard Ressler, Avraham Shemesh, Shaul Kuba and CIM Service Provider, LLC, a Delaware limited liability company, and relates to the common stock, par value $0.001 per share (the Common Shares) of Creative Media & Community Trust Corporation, a Maryland real estate investment trust (the Issuer), as further amended by Amendment No. 1 dated September 19, 2016 (Amendment No. 1), Amendment No. 2 dated June 14, 2017 (Amendment No. 2), Amendment No. 3 dated December 20, 2017 (Amendment No. 3), Amendment No. 4, dated March 19, 2019 (Amendment No. 4), Amendment No. 5, dated August 13, 2019 (Amendment No. 5), Amendment No. 6, dated August 16, 2019 (Amendment No. 6), Amendment No. 7, dated August 27, 2019 (Amendment No. 7), Amendment No. 8, dated September 19, 2019 (Amendment No. 8), Amendment No. 9, dated October 16, 2019 (Amendment No. 9), Amendment No. 10, dated November 13, 2019 (Amendment No. 10), Amendment No. 11, dated April 10, 2020 (Amendment No. 11), Amendment No. 12, dated June 1, 2021 (Amendment No. 12), Amendment No. 13, dated June 22, 2021 (Amendment No. 13), Amendment No. 14, dated June 29, 2021 (Amendment No. 14), Amendment No. 15, dated September 8, 2021 (Amendment No. 15), Amendment No. 16, dated September 20, 2021 (Amendment No. 16), Amendment No. 17, dated October 8, 2021, Amendment No. 18, dated January 10, 2022 (Amendment No. 18), Amendment No. 19, dated May 9, 2023 (Amendment No. 19), Amendment No. 20, dated May 22, 2023 (Amendment No. 20) and Amendment No. 21, dated September 27, 2024 (Amendment 21), Amendment No. 22, dated June 9, 2025 (Amendment No. 22 and the Initial Statement, together with Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11, Amendment No. 12, Amendment No. 13, Amendment No. 14, Amendment No. 15, Amendment No. 16, Amendment No. 17, Amendment No. 18, Amendment No. 19, Amendment 20, Amendment 21, and Amendment 22, the Schedule 13D Filing). The address of the principal executive office of the Issuer is 5956 Sherry Lane, Suite 700, Dallas, Texas 75225. Except as otherwise described herein, the information contained in the Schedule 13D Filing remains in effect. Capitalized terms used but not defined in this Amendment No. 23 shall have the respective meanings set forth with respect thereto in the Schedule 13D Filing.
Item 5.	Interest in Securities of the Issuer
(a)	CIM CMCT MLP directly owns 37,414 Common Shares, or approximately 3.4% of the outstanding Common Shares. CIM Urban Sponsor, LLC (CIM Urban Sponsor) directly owns 1,930 Common Shares, or approximately 0.2% of the outstanding Common Shares. CIM Real Assets & Credit Fund (CIM RACR) directly owns 1,584 Common Shares, or approximately 0.1% of the outstanding Common Shares. CIM Capital Real Property Management, LLC (CIM CRPM) directly owns 8,480 Common Shares, or approximately 0.8% of the outstanding Common Shares. Messrs. Ressler, Shemesh and Kuba may be deemed to indirectly beneficially own the 49,408 Common Shares beneficially owned by CIM CMCT MLP, CIM Urban Sponsor, CIM RACR and CIM CRPM described above (collectively, the Affiliate Shares) as a result of their status as control persons of CIM Group, as described in Item 2 of the Schedule 13D Filing. In addition to the Affiliate Shares, Mr. Ressler is the indirect beneficial owner of 500 Common Shares through the holdings of a subsidiary of a trust formed by Mr. Ressler for the benefit of his family members for which he serves as trustee. As a result, Mr. Ressler may be deemed to beneficially own 49,908 Common Shares, representing approximately 4.6% of the outstanding Common Shares. In addition to the Affiliate Shares, Mr. Shemesh is the indirect beneficial owner of 185 Common Shares through the holdings of The Shemesh Family Trust, of which he was the grantor. As a result, Mr. Shemesh may be deemed to beneficially own 49,593 Common Shares, representing approximately 4.6% of the outstanding Common Shares. In addition to the Affiliate Shares, Mr. Kuba is the indirect beneficial owner of 185 Common Shares through the holdings of The Kuba Family Trust, of which he was the grantor. As a result, Mr. Kuba may be deemed to beneficially own 49,593 Common Shares, representing approximately 4.6% of the outstanding Common Shares. Each of the Reporting Persons disclaims beneficial ownership of the reported Common Shares except to the extent of his or its pecuniary interest therein, and the inclusion of such shares in this Amendment No. 23 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose. The information set forth in this Amendment No. 23 sets forth the beneficial ownership of the Reporting Persons as of November 19, 2025, and assumes there are 1,085,191 Common Shares outstanding as of such date.
(b)	Mr. Ressler has the sole power to vote and dispose of 500 Common Shares and the shared power to vote and dispose of 49,408 Common Shares. Messrs. Shemesh and Kuba each have the shared power to vote and dispose of 49,593 Common Shares. CIM CMCT MLP has the sole power to vote and dispose of 37,414 Common Shares. CIM Urban Sponsor has the sole power to vote and dispose of 1,930 Common Shares. CIM RACR has the sole power to vote and dispose of 1,584 Common Shares. CIM CRPM has the sole power to vote and dispose of 8,480 Common Shares.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

RESSLER RICHARD S

Signature:	/s/ Richard Ressler
Name/Title:	Richard Ressler
Date:	02/04/2026

Shemesh Avraham

Signature:	/s/ Avraham Shemesh
Name/Title:	Avraham Shemesh
Date:	02/04/2026

Kuba Shaul

Signature:	/s/ Shaul Kuba
Name/Title:	Shaul Kuba
Date:	02/04/2026

CIM Urban Sponsor, LLC

Signature:	/s/ David Thompson
Name/Title:	David Thompson, Vice President and Chief Financial Officer
Date:	02/04/2026

CIM Real Assets & Credit Fund

Signature:	/s/ David Thompson
Name/Title:	David Thompson, Chief Executive Officer
Date:	02/04/2026

CIM CMCT MLP, LLC

Signature:	/s/ David Thompson
Name/Title:	David Thompson, Vice President
Date:	02/04/2026

CIM Capital Real Property Management, LLC

Signature:	/s/ David Thompson
Name/Title:	David Thompson, Vice President
Date:	02/04/2026

FAQ

What does the CMCT Schedule 13D/A filing disclose about ownership?

The filing updates beneficial ownership in Creative Media & Community Trust Corp. It details direct and indirect holdings of key insiders and affiliates, showing how many common shares each reports and the percentage of CMCT’s outstanding stock those positions represent as of November 19, 2025.

How many CMCT shares are outstanding according to this Schedule 13D/A?

The filing assumes there are 1,085,191 Creative Media & Community Trust Corp common shares outstanding. This figure is used to calculate each reporting person’s ownership percentage, including positions held by CMCT MLP, Urban Sponsor, Real Assets & Credit Fund, and Capital Real Property Management.

What percentage of CMCT does Richard Ressler report in this 13D/A?

Richard Ressler may be deemed to beneficially own 49,908 CMCT common shares, representing approximately 4.6% of the outstanding class. This includes 500 shares held indirectly through a family trust subsidiary, plus his indirect interests in affiliate holdings described in the ownership section.

What are Avraham Shemesh’s and Shaul Kuba’s reported CMCT holdings?

Both Avraham Shemesh and Shaul Kuba may each be deemed to beneficially own 49,593 CMCT shares, or about 4.6% of the company. Their totals include indirect interests through affiliate entities and 185 shares each held via separate family trusts identified in the ownership discussion.

Which entities directly hold CMCT shares in this Schedule 13D/A?

CMCT MLP, LLC directly holds 37,414 CMCT shares, Urban Sponsor, LLC 1,930 shares, Real Assets & Credit Fund 1,584 shares, and Capital Real Property Management, LLC 8,480 shares. Each entity reports sole voting and dispositive power over its respective block of common shares.

Do the CMCT reporting persons admit full beneficial ownership of all reported shares?

No. Each reporting person expressly disclaims beneficial ownership of the CMCT common shares except to the extent of their pecuniary interest. The filing states that including these shares in Amendment No. 23 should not be considered an admission of beneficial ownership for any purpose.