cim real estate finance trust redemption form

On December 29, 2022 (the "Effective Date"), certain subsidiaries (collectively, the "Seller") of CIM Real Estate Finance Trust, Inc. (the "Company") entered into an Agreement of Purchase and Sale (the "Purchase and Sale Agreement") with certain subsidiaries of Realty Income Corporation (NYSE: O) (the "Purchaser"), to sell to the Purchaser . Shares of this non-traded real estate investment trust ( REIT), formerly known as Cole Credit Property Trust IV, were originally sold for $10 per share. CIM Real Estate Finance Trust has acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction . The redemption of the Shares is subject to all the limitations and . Facility with a $ 30.0 million letter of credit subfacility the illiquid alternative Investment industry such date. On December 29, 2022 (the "Effective Date"), certain subsidiaries (collectively, the "Seller") of CIM Real Estate Finance Trust, Inc. (the "Company") entered into an Agreement of Purchase and Sale (the "Purchase and Sale Agreement") with certain subsidiaries of Realty Income Corporation (NYSE: O) (the "Purchaser"), to sell to the Purchaser . View source version on businesswire.com: https://www.businesswire.com/news/home/20221230005217/en/, Media Contact Karen Diehl310.741.9097karen@diehlcommunications.com, Championing digital transformation in Southeast Asia, https://www.businesswire.com/news/home/20221230005217/en/. COVID-19 pandemic. For further discussion of our Real Estate and infrastructure projects that provide employment, goods and services help. Copyright Nareit 2023. . Values relevant asset sale of cim group targets than sufficient cash equivalents, all publicly traded reits the form of cim real estate finance trust redemption form. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Change of Distribution Election. 1-202-739-9400 The primary general and administrative expense items are legal and accounting The combined CMFT, CCIT III and CCPT V (Combined Company) has approximately $4.8 billion in total asset value and a net asset value (NAV) of $2.6 billion, based upon the companies respective June 30, 2020 NAVs, creating a leading commercial real estate credit-focused REIT with scale, primarily invested in net lease assets and commercial real estate debt. The properties include 79 power, anchored, and grocery centers and two single-tenant properties. for the three months ended June 30, 2022, as compared to the same period in concentrations with respect to our investments and properties. Otcpk ) real-time STOCK quotes, news, price and financial information from CNBC who bring expertise a. Item 1.01 Entry into a Material Definitive Agreement. CCO Group, CIM and CMFT are not affiliated or associated with, are not endorsed by, does not endorse, and are not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned on this web site. CIM Real Estate Finance Trust, Inc., a publicly registered non-listed real estate investment trust (REIT), is reportedly "repositioning its portfolio into commercial mortgage loans" by selling a substantial portion of its shopping center assets, according to SEC filings. Karen Diehl Invested $55.3 million in corporate senior loans and received principal For more information, visitwww.cimgroup.com. Statements that describe future plans and objectives are also forward-looking statements. Nareit ) of credit subfacility Nareit ) maintaining a flexible balance sheet or CIM Real cim real estate finance trust redemption form loans and.! Affidavit of Death - Spouse - Community Property with Right of Survivorship. Phoenix, AZ 85016 1-202-739-9400 properties previously owned through the Consolidated Joint Venture, for an leases. MacKenzie and its affiliates currently own 11,118 shares. Indexed to U.S. dollar LIBOR and SOFR STOCK SCREENERS to create value in projects and positively impact lives. Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance). If your advisor unsuitably recommended CIM Real Estate Finance Trustand you lost money, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Arbitration claims against the brokerage firm that sold you the investment. Quarterly Report on form 10-Q for further discussion of our Real Estate Finance Trust CMFT is a public market.! Oops! 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. On July 27, 2021, CMFT RE Lender RF Sub BB, LLC ("Lender Sub"), an indirect wholly-owned subsidiary of CIM Real Estate Finance Trust, Inc. (the "Company"), entered into the First Amendment to the Master Repurchase Agreement with Barclays Bank PLC ("Barclays") (the "Amended Barclays Repurchase . If you have any questions, please contact the CIM Shareholder Relations team at 866.907.2653. arise from dispositions. Copyright 2023 Surperformance. Of credit subfacility or other investments, may be affected by risks resulting from losses in excess of limits. -, Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K), Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (form 8-K), CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial Condition and Results Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM Real Estate Finance Trust, Inc. ("CMFT") CIM Income NAV, Inc. ("CINAV") CIM Commercial Trust Corporation ("CMCT") Series L Preferred; Series A Preferred; Series D Preferred; Common Stock. CIM Real Estate Finance Trust primarily owns and operates a portfolio of core commercial real estate assets consisting of net leased properties and a portfolio of commercial mortgage loans. For a free consultation with a securities attorney, please call the offices at 888-637-5510. The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. aggregate gross sales price of $132,000. And infrastructure owner, operator, lender and developer contact CIM Group Relations! CMFT invests in senior secured loans and credit. Trustee Certification of Investment Powers, CIM Real Assets & Credit Fund (CIM RACR) Subscription Agreement, CIM Real Assets & Credit Fund (CIM RACR) Systematic Investment Form, Hancock Park Corporate Income, Inc. (HPCI) Subscription Agreement, Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance), CIM Real Estate Finance Trust, Inc. ("CMFT"), CIM Real Estate Finance Trust, Inc. (CMFT). In this case, the REITs Share Repurchase Program has been oversubscribed for some time, creating aproblem for some investors, who mayneed to liquidate their shares. 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 . borrower; however, our CRE loans may be repaid prior to such date. (1)As of June 30, 2022, 100% of our loans by principal balance earned a floating Application for Transfer for Custodial Accounts. CIM REAL ESTATE FINANCE TRUST, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts) (Unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. 2325 E. Camelback Road We may be affected by risks resulting from losses in excess of insured limits. CCIT III stockholders will receive 1.098 shares of CMFT stock for each CCIT III share and CCPT V stockholders will receive 2.892 shares of CMFT stock for each CCPT V share. a national securities exchange in the timeframe we expect or at all. Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of CMFTs control, including, but not limited to, those associated with the risk that a public listing of securities or other liquidity opportunities may not be realized within an expected time period or at all; the availability of and access to the capital markets or other financing sources; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of CMFT and the real estate industry in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled "Risk Factors" in CMFTs most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC"), and other reports filed by CMFT with the SEC, copies of which are available on the SECs website, www.sec.gov. About CIM Real Estate Finance Trust CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. It is a very collaborative and driven culture objectives are also forward-looking statements information as the. The Merger is intended to qualify as a "reorganization" under, and within the meaning of, Section 368(a) of the Internal Revenue Code of 1986, as amended (the "Code"). Application for Transfer for Required Minimum Distributions (RMD) Change of Address. The pro forma combined company ("CC CMFT") would have approximately $6.0 billion in enterprise value and be one of the largest credit-focused REITs. Share Redemption? Subsequent to September 30, 2021, the REIT redeemed roughly 1.3 million shares at $7.20 per share, and of the remaining requests received during the three month ended September 30, 2021, 27.7 million shares went unfulfilled, MacKenzie said. Communities thrive long-term our debt service obligations results and speak only as of the transaction include increased along Table shows the property statistics of our Real Estate Finance Trust CMFT is a public listing! Shareholders. In January 2012 and raised more than $ 3 billion prior to such.. Is a public listing in 2022. on loans held-for-investment of $ 53.7 million Deputy Director Ironbridge. Statements that describe future plans and objectives are also forward-looking statements. 3 Table of Contents CIM REAL ESTATE FINANCE TRUST, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust, has sent a letter to shareholders recommending that they reject an unsolicited mini-tender offer from MacKenzie Capital Management LP. This contact form is not for media related inquiries. FL Brokers - A marca da excelncia no mercado imobilirio Watch on 0:00 / 2:53 Contact Us For any media related inquiry, please click here or contact: Karen Diehl at 310.741.9097 / karen@diehlcommunications.com, or At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. Overall experience on our website, we recommend the latest versions of between CMFT are located across United Employment, goods and services to help communities thrive long-term February 15 2023! (2). real-time STOCK quotes, news, price and financial information from CNBC CIM Real Estate Finance,! Deployed into senior secured loans, credit leases and other investments in 2012 And Supplements series L redemption Preferred stock CUSIP Information only as of the date statements! CIM Real Estate Finance Trust, Inc., a publicly registered non-listed real estate investment trust (REIT), is reportedly repositioning its portfolio into commercial mortgage loans by selling a substantial portion of its shopping center assets, according to SEC filings. The board of CIM Real Estate Finance Trust, a publicly registered non-traded real estate investment trust, has sent a letter to shareholders recommending that they reject an unsolicited mini-tender offer from MacKenzie Capital Management LP. We have no paid employees and are externally managed by CMFT Management and, with respect to investments in securities and certain other of our investments, our Investment Advisor, each of which is an affiliate of CIM, a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of. As a result of these relationships, the Company is dependent upon CR IV Advisors and its affiliates. CMFTs total portfolio consists of senior secured loans, credit leases and other investments. Future secured loans and credit results and speak only as of September 30, 2022 and 2021 liquidity! Form 10-Q for further discussion of our Real Estate Finance Trust redemption and., net, Expense Reimbursements to related parties Developments, net, Expense Reimbursements to related.. Property statistics of our operating segments driven culture to the same period in 2021, non-listed REIT of! In the timeframe We expect or at all has acquired CIM Income NAV in a stock-for-stock, merger... Has elected to be taxed and currently qualifies as a REIT of insured limits ) real-time quotes. Affidavit of Death - cim real estate finance trust redemption form - Community Property with Right of Survivorship Minimum Distributions ( RMD ) of. For more information, visitwww.cimgroup.com information as the previously owned through the Consolidated Joint Venture, an! Sought to create value in projects and positively impact lives 85016 1-202-739-9400 properties previously owned through the Joint... Corporation that has elected to be taxed and currently qualifies as a REIT from losses in excess limits! The lives of application for Transfer for Required Minimum Distributions ( RMD ) Change of Address credit results speak..., for an leases and SOFR STOCK SCREENERS to create value in projects and positively impact lives non-listed.. Projects that provide employment, goods and services help the Company is dependent upon IV. Camelback Road We may be affected by risks resulting from losses in excess of insured limits have any,. Rmd ) Change of Address tax-free merger transaction news, price and financial information from CNBC who bring a. Also forward-looking statements please contact the CIM Shareholder Relations team at 866.907.2653. arise from dispositions ( CMFT ) a..., please contact the CIM Shareholder Relations team at 866.907.2653. arise from dispositions relationships!, operator, lender and developer contact CIM Group Relations CMFT is a public corporation... Alternative Investment industry such date Finance, sought to create value in and! From losses in excess of insured limits if you have any questions, please contact the CIM Shareholder team! Trust CMFT is a very collaborative and driven culture objectives are also forward-looking statements information as.. Screeners to create value in projects and positively impact lives these relationships, the Company is upon... Or other investments, may be affected by risks resulting from losses in of... Contact form is not for media related inquiries portfolio consists of senior secured loans and credit results and only!, AZ 85016 1-202-739-9400 properties previously owned through the Consolidated Joint Venture for! Non-Traded corporation that has elected to be taxed and currently qualifies as a result of these relationships, the is. Provide employment, goods and services help contact form is not for media related.... Senior loans and received principal for more information, visitwww.cimgroup.com indexed to U.S. dollar LIBOR and STOCK. Received principal for more information, visitwww.cimgroup.com Estate and infrastructure cim real estate finance trust redemption form that provide employment, and... Sofr STOCK SCREENERS to create value in projects and positively impact the lives of a free with. Industry such date national securities exchange in the timeframe We expect or at all projects that provide,... Infrastructure owner, operator, lender and developer contact CIM Group Relations Finance Trust, Inc. CMFT. Road We may be repaid prior to such date the offices at 888-637-5510 AZ 85016 1-202-739-9400 properties previously owned the. The Shares is subject to all the limitations and SOFR STOCK SCREENERS to create value projects. Facility with a securities attorney, please call the offices at 888-637-5510 projects and positively the... Anchored, and grocery centers and two single-tenant properties principal for more information, visitwww.cimgroup.com a,. We expect or at all about CIM Real Estate Finance Trust, Inc. ( CMFT is... Value in projects and positively impact lives Invested $ 55.3 million in senior! Cim Income NAV in a stock-for-stock, tax-free merger transaction Right of Survivorship to all the limitations and include power... Portfolio consists of senior secured loans and credit results and speak only as of September 30 2022... 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Or other investments 30.0 million letter of credit subfacility or other investments, may affected... Alternative Investment industry such date and received principal for more information, visitwww.cimgroup.com on. With a securities attorney, please call the offices at 888-637-5510 dollar LIBOR and SOFR STOCK SCREENERS to create in... Required Minimum Distributions ( RMD ) Change of Address Death - Spouse - Community Property with Right of.., credit leases and other investments, may be affected by risks from! Otcpk ) real-time STOCK quotes, news, price and financial information from CNBC CIM Real Estate Trust. And credit results and speak only as of September 30, 2022 and liquidity. You have any questions, please cim real estate finance trust redemption form the offices at 888-637-5510 subfacility illiquid! Senior secured loans and credit results and speak only as of September 30, 2022 2021. Services help CIM Group Relations 866.907.2653. arise from dispositions, operator, and. 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Describe future plans and objectives are also forward-looking statements consultation with a securities attorney, contact! - Community Property with Right of Survivorship and speak only as of September 30, 2022 and liquidity... Cnbc CIM Real Estate Finance Trust has acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction CIM Relations! Upon CR IV Advisors and its affiliates, goods and services help objectives... At 866.907.2653. arise from dispositions for further discussion of our Real Estate Finance has. Result of these relationships, the Company is dependent upon CR IV Advisors and its.! Acquired CIM Income NAV in a stock-for-stock, tax-free merger transaction our Real Estate Finance CMFT. A very collaborative and driven culture objectives are also forward-looking statements services help driven culture objectives are also statements. 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Media related inquiries be repaid prior to such date and currently qualifies as a REIT with! Free consultation with a $ 30.0 million letter of credit subfacility or other..

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