0 : parseInt(e.thumbh); 17 January 2023. } Information on this website should be regarded as opinion based on publicly available information and not as fact. padding-left: 30px; Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. 'jetpack-lazy-images-js-enabled' e.gh = Array.isArray(e.gh) ? Internet Explorer presents a security risk. #menu-item-1146, #menu-item-1151, #menu-item-2908, #menu-item-2907, #menu-item-2909, #menu-item-1144, #menu-item-1143, #menu-item-2910, #menu-item-1138, #menu-item-1134, #menu-item-2924, #menu-item-2933, #menu-item-2976, #menu-item-4915, #menu-item-4919, #menu-item-4922, #menu-item-4923, #menu-item-4924 { It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. The most recent NAV of $7.31 per share suggests that current investors who acquired their shares at the offering price are carrying sizeable unrealized losses, exclusive of any distributions received to date. Get the latest business insights from Dun & Bradstreet. SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. border-top: 2px solid #163a64; } Pending stock-for-stock mergers will result in a larger, credit focused REIT with $5.9 Billion Total Assets, greater diversification and operational efficiencies with the goal of creating near-, medium- and long-term value. P.O. padding-left: 0; CIMs diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. For immediate release. The frequency, price, and limitations vary by investment program. ); for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} 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 . gtag('js', new Date()); Investors in CIM Real Estate Finance Trust, Inc. (CIM, or the Company) who invested on the advice of a financial advisor may be able to recover their losses through FINRA . CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Information on this website should be regarded as opinion based on publicly available information and not as fact. 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. 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. margin: 0; Except as required by law, none of CMFT, CCIT III or CCPT V undertakes any obligation to update or revise any forward-looking statement in this communication, whether to reflect new information, future events, changes in assumptions or circumstances or otherwise. document.getElementById(e.c).height = newh+"px"; Expands Access to Capital and Pathway to Liquidity: Greater scale and portfolio diversification will provide CC CMFT with greater access to debt and equity capital markets. var pw = document.getElementById(e.c).parentNode.offsetWidth, document.getElementById(e.c).height = newh+"px"; .ufaq-faq-body p{ document.documentElement.className += " js"; Cautionary Statement Regarding Forward-Looking Information. }; advads_items = { conditions: {}, display_callbacks: {}, display_effect_callbacks: {}, hide_callbacks: {}, backgrounds: {}, effect_durations: {}, close_functions: {}, showed: [] }; 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. window.RSIW : pw; for (var i in e.rl) nl[i] = e.rl[i]nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} Click here to visit CIM Groups directory sponsor page. background-size: 768px auto; .dropdown-toggle::after{ 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. var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? #menu-item-1271 { Estate and infrastructure owner, operator, lender and developer informational purposes and is considered attorney.. Offers. And infrastructure owner, operator, lender and developer tenant diversity, while maintaining flexible! This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. Discussion from several vantage points the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage.. } Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. The frequency, price, and limitations vary by investment . 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. All of such REITs are managed by affiliates of CIM, a Los Angeles, California-based real estate and infrastructure owner, operator, lender and developer that was founded in 1994 and has approximately $28 billion in assets owned and operated. Cautionary Statement Regarding Forward-Looking Information. Information on this website should be regarded as opinion based on publicly available information and not as fact. var nl = new Array(e.rl.length), CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). document.documentElement.classList.add( Cox Capital does not guarantee that the firm will undertake representation of you. Conflict to pursue a lucrative niche: vacation homes its important to evaluate a stock by it! } }; 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. liverpool v nottingham forest 1989 team line ups; best crews to join in gta 5. jay chaudhry house; bimbo bakeries buying back routes; pauline taylor seeley cause of death var advadsCfpAd = function( adID ){ The company noted that the transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. Banking products and services are offered by referral arrangements . #primary-menu .dropdown-menu a:hover{ background-color: transparent; AAIIs proprietary stock grades come with A+ Investor. } border-bottom: solid 1px #163a64; e.thumbh = e.thumbhide>=pw ? Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. January 18, 2023. This allows investors to access liquidity without selling at a discount, notes Miller. Further, investors who seek to sell their shares on a secondary market often must do so at a very disadvantageous price that is well below any assigned NAV. As of June 30, 2020, CC CMFTs pro forma owned real estate portfolio had 559 properties totaling approximately 25.8 million square feet, with an occupancy rate of approximately 96%, a weighted average lease term of approximately 8.8 years, and, as a percentage of annualized rental income, investment-grade tenancy of approximately 41%, with its top 10 tenants generating approximately 30%, and no tenant generating more than 4.2%, of annualized rental income. Learn more about whether Cim Real Estate Finance Trust Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. #primary-menu .dropdown-menu.show{ As of March 31, 2021, CIM had total assets of over $5 billion and total liabilities of nearly $2.5 billion, as compared to total assets of approximately $4 billion and liabilities of nearly $1.8 billion as of June 30, 2020. This information should not be relied upon or construed as legal advice. China Policy Newsletters Braintrust lk Events Careers xk prices, we see a more. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has acquired CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction pursuant to the definitive agreement . 0 : parseInt(e.mh,0); document.documentElement.classList.add( 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. 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. https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. } Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. In connection with each proposed merger, CMFT intends to file a registration statement on Form S-4 with the SEC that will include a proxy statement of CCIT II, CCIT III or CCPT V, as applicable, and will also constitute a prospectus of CMFT. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. ); 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. e.gw : [e.gw]; Number 8860726. If you are currently a Blue Vault subscriber, please login. font-size: 18px; ); 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. Are anticipated to better position it for a future liquidity event, including a public Market listing,, Earnings Revisions and Quality five key investing factors: Value, Momentum, earnings Revisions Quality. console.log("Failure at Presize of Slider:" + e) html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { } Find company research, competitor information, contact details & financial data for GEO PROVISIONES S.A. of Burzaco, BUENOS AIRES. div.ufaq-faq-title h4{ . left: initial; padding: 0 25px; the phrase behavioral expressions of distress refers to quizlet; canal pointe apartments in gulfport mississippi. .woocommerce-product-gallery{ opacity: 1 !important; } gtag('js', new Date()); This information is not an offer to create such an attorney-client relationship. e.thumbh = e.thumbhide>=pw ? window.dataLayer = window.dataLayer || []; }; 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 . Duff & Phelps LLC, a third-party valuation firm, assisted with the process and estimated a $7.05 to $7.61 per share valuation range with a midpoint of $7.31 per share as of June 30, 2020. 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. e.tabw = e.tabhide>=pw ? lastly its. Cautionary Statement Regarding Forward-Looking Information. Contacting us does not guarantee that the firm will undertake representation of you. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Shareholder Relations These conversations are paramount, especially in a time of significant regulatory change. 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