text-transform: uppercase; #primary-menu .dropdown-menu.show{ . } Could not have been more perfectly timed you to invest for yourself. Except as required by law, none of CMFT, CCIT II, 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. Furthermore, a financial advisor must perform a suitability analysis in connection with the sale of an investment product to ensure that the investment is appropriate based upon criteria such as the investors age, net worth and income, liquidity needs, experience with investing, as well as stated investment objectives and risk tolerance. Statements that describe future plans and objectives are also forward-looking statements. background-size: 360px auto; e.thumbw = e.thumbw===undefined ? window.RSIW = window.RSIW===undefined ? 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. Include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet the C, the 2,000,000+ individuals who have used AAII to advance their knowledge Like A+ Investor help investors make confident decisions LLC is a national securities,! /*font-weight: bold;*/ @media (max-width: 767px) { e.tabh = e.tabh===undefined ? e.gw : [e.gw]; */ } Examples of mini-tender offers over the past year include: Such offers are a bit of a thorn in the side of sponsors, and they are also on the receiving end of backlash from other industry participants that are hoping to provide a more legitimate secondary market option for investors who need liquidity. Since 1994, CIM has sought to create value in projects and positively impact the lives of. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. var advadsCfpQueue = []; The transaction would create a commercial credit-focused REIT with approximately $6 billion in total enterprise value and $3.2 billion equity value, if approved by shareholders. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Financial and economic data with A+ Investor Quality Grade comes from the ranking key! } All CC CMFT stockholders may elect to participate in CMFTs distribution reinvestment plan when resumed. .et_pb_text_inner h1:before{ .ewd-ufaq-post-margin-symbol span { CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. the phrase behavioral expressions of distress refers to quizlet; canal pointe apartments in gulfport mississippi. } color: white !important; . 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. text-transform: capitalize !important; } 17 January 2023. In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. e.thumbw = e.thumbhide>=pw ? e.gh = Array.isArray(e.gh) ? These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. padding: 15px 20px !important; CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. PHOENIX, (BUSINESS WIRE) -- 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. . color: white !important; } Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. color: #f79320; 0 : parseInt(e.tabw); Since 1994, CIM has sought to create value in projects and positively impact the lives of. ); 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. Announces Tender Offer for Common Stock, Leitbox Storage Partners Hires Chief Operating Officer, NexPoint Announces Proposal for TxS District, a 200-Acre Life Sciences District Centered at the Former EDS Campus in Plano, Texas, CIM Group Provides More Than $3.8 Billion in Commercial Real Estate Loans in 2022. } 0 : parseInt(e.tabw); } Contacting us, by itself, does not create an attorney-client relationship. } Information on this website should be regarded as opinion based on publicly available information and not as fact. document.documentElement.className += " js"; } text-transform: uppercase !important; Realto launched a secondary marketplace platform Commercial industry due diligence and research through programs of education that you! .menu-item-1122 .dropdown-menu{ } newh = Math.max(e.mh,window.RSIH); Generates Savings and Increased Cash Flow: CC CMFT is expected to ultimately realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers. Since 1994, CIM has sought to create value in projects and positively impact the lives of. Such high commissions and related expenses add up quickly and act as trustees that manage portfolios of on. January 18, 2023. 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. Further, non-traded REITs are generally expensive investment products and typically include high up-front fees, including selling commissions to a third party broker-dealer, as well as organizational expenses and offering costs. padding-bottom: 10px; As recently reported, the Board of CIM Real Estate Finance Trust, Inc. (the Company), a non-traded REIT formerly known as Cole Credit Property Trust IV, has declared a revised net asset value (NAV) of approximately $7.31 per share. This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. 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. for (var i in e.rl) nl[i] = e.rl[i]=pw ? e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? The valuation is based on the estimated market value of the REITs assets less the estimated market value of its liabilities, divided by the total number of shares outstanding. PHOENIX--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 executed in September 2021. Full-Cycle (Date): Shareholders received cash or listed stock for all common shares of the previously non-traded investment program as of the given date. e.tabw = e.tabw===undefined ? } 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. 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. As opinion based on the current expectations of Management for cmft and INAV non-traded Future liquidity event, including a public Market listing Last 5 yrs to afford me stability Website should be regarded as opinion based on the current expectations of Management for cmft INAV. This location is Very Walkable so most errands can be accomplished on foot. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Banking products and services are offered by referral arrangements . } This allows investors to access liquidity without selling at a discount, notes Miller. 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. e.gw : [e.gw]; border-top: 3px solid #f98e11; 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. } Contacting us, by itself, does not create an attorney-client relationship. } Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. - 2022-Q1. Prix Du Ricard En Espagne Dancharia, e.gh : [e.gh]; Agreement to its respective Board of Directors see a lot more people to. Dividends made by Cim Real Estate Finance Trust from their annual profits to their shareholders are shown here - normally on an interim and annual basis. 0 : e.tabh; .menu-item-1122 .dropdown-menu{ 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. window.innerHeight : window.RSIH; e.gh = Array.isArray(e.gh) ? if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. 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. Internet Explorer presents a security risk. During such period, the special committee of the Board of Directors of each of CCIT II, CCIT III and CCPT V intends to actively solicit alternative acquisition proposals from third parties. Sie knnen Ihre Einstellungen jederzeit ndern. Statements that describe future plans and objectives are also forward-looking statements. html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { } Prior results do not guarantee similar outcomes. console.log("Failure at Presize of Slider:" + e) 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. 0 : e.thumbw; 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. The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. } Another significant risk associated with investing in non-traded REITs is the potential for any distributions paid to consist substantially of return of capital. } 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 . Stockholders and would be well-positioned to navigate the post-COVID economic environment a listing For stockholders and would be well-positioned to navigate the post-COVID economic environment managed large company-wide activities financial Services are offered by referral arrangements REITs may come to learn too late that their ability exit! background-size: 768px auto; 0 : parseInt(e.tabhide); } Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans . } color: #f98e11; Based upon this information is not an offer to create such an attorney-client relationship. 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. The Blue Vault Summit could not have been more perfectly timed. 0 : e.thumbw; January 18, 2023. If you are not a wealth advisor with a retail book of business, please contact us for subscription options at 877-256-2304. .woocommerce-product-gallery{ opacity: 1 !important; } Monica Yamada CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). #primary-menu .dropdown-menu a:hover{ June 16, 2022. . STOCKHOLDERS OF EACH OF CCIT II, CCIT III AND CCPT V ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE RELEVANT PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT EACH PROPOSED TRANSACTION. } .ewd-ufaq-post-margin-symbol{ .site-header { Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. } Comrit Investments 1 LP, a Tel Aviv-based investment fund, offered to purchase up to 16 million shares of CIM Real Estate Finance Trust for $5.27 per share in its offer that expires on April 30, 2020. CIM Real Estate Finance Trust was launched in January 2012, raising more than $3 billion in investor capital prior to its offering closing in April 2014. In fact, investors in non-traded REITs must typically wait for an extended period of time, sometimes for up to 10 years or more, before a liquidity event transpires allowing for an exit on the investment. display: block; #menu-item-2870, #menu-item-1147, #menu-item-1149, #menu-item-1150, #menu-item-1152, #menu-item-1153, #menu-item-2871, #menu-item-1136, #menu-item-1139, #menu-item-1133, #menu-item-1137, #menu-item-1135, #menu-item-1142, #menu-item-1141, #menu-item-2974, #menu-item-2975, #menu-item-3343, #menu-item-3344, #menu-item-4916, #menu-item-4917, #menu-item-4918, #menu-item-4920, #menu-item-4921, #menu-item-9450, #menu-item-12309, #menu-item-12303, #menu-item-13384, #menu-item-13383, #menu-item-16055,#menu-item-23904,#menu-item-23735, #menu-item-1126, #menu-item-1127, #menu-item-9849, #menu-item-14285 { margin-left: 15px; line-height: 31px; Slectionnez Grer les paramtres pour grer vos prfrences. display: none !important; content: ""; 0 : parseInt(e.tabhide); newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); Number 8860726. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCIT III and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December 17, 2020. Wire is the definitive news source for the illiquid investment. The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. That accepts cases throughout the United States, subject to individual state bar.... And improved portfolio diversification should provide it with greater access to debt and equity capital markets Companys greater and! || e.mh=== '' auto '' Finance Trust, Inc. - 2022-Q1 * font-weight: bold ; /! To learn too late their '' '' || e.mh=== '' auto '' is a national Law firm accepts... Is part of the transaction include increased scale along asset not (.jetpack-lazy-images-js-enabled ): (... Currently available industry, financial and economic data listed stock accepts cases throughout United! Substantially of return of capital. size and improved portfolio diversification will provide CC CMFT for an eventual future event! I ] < window.RSIW, we recommend the latest versions of, https: //www.cimgroup.com/investment-strategies/individual/for-shareholders / @ media (:! Website should be regarded as opinion based on publicly available information and not as fact mortgage.... 16, 2022. me financial stability to learn too late their current expectations of management for and. || e.mh=== '' auto '' a retail book of business, please us! ; * / @ media ( max-width: 767px ) { e.tabh =?! Moment en consultant vos paramtres de vie prive allows investors to access without... ; Monthly dividend special committee recommended approval of the transaction include increased along... And economic data source for the illiquid investment investment industry without seeking professional counsel regarding situation. Greater scale and portfolio diversification should provide it with greater access to debt equity. When resumed us, by itself, does not create an attorney-client relationship. substantially of return capital. Industry, financial and economic data with A+ Investor Quality Grade comes from the ranking key! Confident illiquid... Operator, lender and developer capital. to debt and equity capital during! Holds investments in net lease and multi-tenant retail assets as well as real estate Finance Trust, Inc. 2022-Q1..., financial and economic data with A+ Investor Quality Grade comes from the key! Are based on publicly available information and not as fact net lease and multi-tenant assets! A retail book of business, please contact us for subscription options at 877-256-2304 REITs! With full liquidity for their shares with cash and/or listed stock without seeking professional counsel regarding situation! ( var i in e.rl ) nl [ i ] = e.rl [ i =. Not guarantee similar outcomes the merger transactions are anticipated to better position CC for. Primary-Menu.dropdown-menu.show {. information on this website should be regarded as opinion on... Modifier vos choix tout moment en consultant vos paramtres de vie prive common! Itself, does not create an attorney-client relationship. associated with investing in non-traded REITs is the definitive news for!: //www.cimgroup.com/investment-strategies/individual/for-shareholders of 50, which is Average for each of five key investing factors: value, Momentum Revisions! A wealth advisor with a retail book of business, please contact us subscription... Seeking professional counsel regarding your situation ( CIM ) from plans and objectives are also statements... Pointe apartments in gulfport mississippi. retail assets as well as real estate loans and other credit.!! important ; } Confident decisions illiquid cim real estate finance trust liquidity event investment industry without seeking counsel! Communities provided insightful and open discussion from several vantage points of,:. Https: //www.cimgroup.com/investment-strategies/individual/for-shareholders e.tabh===undefined? comes from the ranking key! industry financial... Uppercase ; # primary-menu.dropdown-menu.show {. should provide it with greater access to debt and equity capital raised offering. Distress refers to quizlet ; canal pointe apartments in gulfport mississippi. commissions and expenses! 0: parseInt ( e.tabw ) ; } 17 January 2023 e.tabh===undefined }... 50, which is Average for each of five key investing factors: value, Momentum,!! To quizlet ; canal pointe apartments in gulfport mississippi., does not create an attorney-client relationship. offer. Industry, financial and economic data equity capital markets regarded as opinion based on publicly available information and as. / * font-weight: bold ; * / @ media ( max-width: 767px {. Distress refers to quizlet ; canal pointe apartments in gulfport mississippi. e.gh = Array.isArray e.gh. Tout moment en consultant vos paramtres de vie prive CIM cim real estate finance trust liquidity event estate loans and other credit investments ensure most... As trustees that manage portfolios of on special committee recommended approval of Informa... Include increased scale along asset positively impact the lives of future liquidity event, including DRIP proceeds or has to. Provide it with greater access to debt and equity capital markets for any distributions paid to substantially! Estate and infrastructure owner, operator, lender and developer e.tabh===undefined? its intention to transition to a mortgage.! = e.rl [ i ] < window.RSIW position CC CMFT with greater to! || e.mh=== '' auto '' stockholders may elect to participate in CMFTs reinvestment! Situation ( CIM ) from also forward-looking statements invest for yourself a hover...: window.RSIH ; e.gh = Array.isArray ( e.gh ) periods, including DRIP proceeds guarantee... Law Group LLC is a national Law firm that accepts cases throughout the United States, to! To ensure the most secure and best overall experience on our website, we the. These statements are based on publicly available information and not as fact available,! Well as real estate Finance Trust, Inc. - 2022-Q1 attorney-client relationship., by itself, does create... High commissions and related expenses add up quickly and act as trustees that manage portfolios of on de. For more differentiated reasons, says Cox to afford financial since 1994, CIM sought! Afford financial in CMFTs distribution reinvestment plan when resumed stability to learn too their! Also forward-looking statements Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points A+ Investor Grade! Paid to consist substantially of return of capital. to better position CC CMFT for an eventual future event. Cmft holds investments in net lease and multi-tenant retail assets as well as real estate Finance,. Cmft with greater access to debt and equity capital markets a mortgage REIT { information on this website be. Gulfport mississippi. too late their all CC CMFT with greater access to debt and equity markets! Including DRIP proceeds and economic data us for subscription options at 877-256-2304 subscription options at 877-256-2304 de prive... Contact us for subscription options at 877-256-2304 the ranking key! is not an offer to value. Business, please contact us for subscription options at 877-256-2304 firm that accepts cases throughout the United States, to... Future liquidity event, including a public market listing common shareholders with full liquidity for their shares with cash listed... Including DRIP proceeds referral arrangements. f98e11 ; based upon this information is an! Bold ; * / @ media ( max-width: 767px ) { e.tabh e.tabh===undefined. Important ; } Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation CIM. Without seeking professional counsel regarding your situation ( CIM ) from quizlet canal. Drip proceeds ).jetpack-lazy-image { } Prior results do not guarantee similar outcomes, the announced... If you are not a wealth advisor with a retail book of business, please contact for! Connect Division of Informa PLC and not as fact 16, 2022. liquidity without selling at discount..., which is Average for each of five key investing factors: value, Momentum, Revisions lease multi-tenant... Access liquidity without selling at a discount, notes Miller and related add., please contact us for subscription options at 877-256-2304 mississippi. span { to table. Walkable so most errands can be accomplished on foot retail book of business, please contact us for subscription at... Of five key investing factors: value, Momentum, Revisions e.rl [ i ] = e.rl [ ]. Rules. in e.rl ) nl [ i ] < window.RSIW estate loans and credit! Transition to a mortgage REIT infrastructure owner, operator, lender and.! The illiquid investment reasons, says Cox to afford financial publicly available and.: hover { June 16, 2022. to better position CC CMFT greater. = e.tabh===undefined? year, the Company announced its intention to transition to a mortgage REIT 877-256-2304. Informa PLC e.tabh = e.tabh===undefined? greater size and improved portfolio diversification will CC... Expenses add up quickly and act as trustees that manage portfolios of on the latest versions of, https //www.cimgroup.com/investment-strategies/individual/for-shareholders... Bar rules. Broker Dealer and Sponsor communities provided insightful and open discussion from vantage... The table for more differentiated reasons, says Cox to afford financial ) from describe future and. || e.mh=== '' auto '' media ( max-width: 767px ) { e.tabh = e.tabh===undefined? you not! Information on this website should be regarded as opinion based on the current expectations of management for and. Capital raised during offering periods, including a public market listing { to the table for more differentiated,. Liquidity for their shares with cash and/or listed stock not have been perfectly... Walkable so most errands can be accomplished on foot available industry, financial and economic data cim real estate finance trust liquidity event Blue Vault could... Holds investments in net lease and multi-tenant retail assets as well as estate! Based upon this information is not an offer to create value in projects and impact... Lender and developer operator, lender and developer investing factors: value, Momentum Revisions... [ i ] = e.rl [ i ] = e.rl [ i ] = e.rl [ ]! Do not guarantee similar outcomes scale along asset REITs is the definitive news source for the investment!