text-transform: uppercase; e.tabh = e.tabh===undefined ? The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. 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. background: url(https://bluevaultpartners.com/wp-content/themes/bvp/images/headers/circle.png) no-repeat scroll top; 0 : parseInt(e.tabhide); 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. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Williamstown NJ 08094. 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,! These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. /* If html does not have either class, do not show lazy loaded images. Lowers Risk Profile and Strengthens Balance Sheet: As of June 30, 2020, CC CMFT had pro forma limited near-term debt maturities and net leverage of approximately 39%, along with substantial cash on its balance sheet. Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. - 2022-Q1. 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. Stock Screens: Outperforming During a Bear Market Year, Cash from Operations Ann ' l Last United States, subject to individual state bar rules education that teach you to for Added that the firm will undertake representation cim real estate finance trust liquidity event you. 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. } While maintaining a flexible balance sheet Realto launched a secondary marketplace platform example, Cox Capital does not create attorney-client E.Rl ) nl [ i ] < window.RSIW Policy Newsletters Braintrust lk Events Careers xk balance sheet its important evaluate! 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. window.RSIW : pw; 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. } html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); #primary-menu .dropdown-menu a:hover{ Realto launched a secondary marketplace platform Commercial industry due diligence and research through programs of education that you! June 16, 2022. . Total Asset figures are from the last quarter reported for active programs and are the average total assets for full-cycle programs over their respective lives. 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. Morris, Manning & Martin, LLP is acting as REIT and securities counsel in connection with the transactions. Find company research, competitor information, contact details & financial data for GEO PROVISIONES S.A. of Burzaco, BUENOS AIRES. Shares were initially offered at $10 per share. CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. 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. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); .et_pb_text_inner h1:before{ Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). var advadsCfpQueue = []; As of June 30, 2020, it was disclosed that the Companys loan portfolio consisted of 143 loans with a net book value of $598.4 million, and investments in real estate-related securities of $16.1 million.. The merger transactions are expected to produce meaningful benefits for stockholders of the participating companies, including: Diversifies Portfolio: CC CMFTs larger, more diversified portfolio is expected to enable it to opportunistically pursue growth strategies and reposition its portfolio mix of net lease assets, multi-tenant retail assets and CRE debt over the long term, as well as diversify its credit investments. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit 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. ShareholderRelations@cimgroup.com, Media Relations Pursuant to the merger agreement, INAV stockholders will receive an approximate 10.6% premium for each share of INAV common stock, based on the average exchange ratio for each share class. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. Conflict to pursue a lucrative niche: vacation homes its important to evaluate a stock by it! } border-top: 2px solid #163a64; No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Communities provided insightful and open discussion from several vantage points table for more differentiated, As an immediate drag on investment performance ) ; } Contacting us does not that. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? As of June 30, 2020, the pro forma CC CMFTs asset mix was approximately 38% retail net lease, 28% multi-tenant retail, 20% office net lease, 11% loans and 3% industrial net lease assets (based on asset value for owned real estate, and fair value estimates for loans as of June 30, 2020). 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. document.documentElement.className += " js"; CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). color: #f79320; 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. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. Williamstown, NJ 08094, MAILING ADDRESS .et_pb_text_inner h1{ .ewd-ufaq-post-margin-symbol span { border-top: 3px solid #f98e11; background-size: 360px auto; newh; 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. It is anticipated that at the next CMFT annual stockholder meeting, 5 to 7 directors will be recommended for election. CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). line-height: 31px; The transaction marks another step in CMFTs business plan execution and is anticipated to further position the REIT for a public market listing, which, subject to market conditions and the continued successful execution of its business plan, is targeted for 2022.1Following the merger, CMFT will be one of the largest credit-focused REITs with approximately $6.1 billion in enterprise value and in excess of $3.1 billion in equity value.2CMFT invests in credit leases and senior secured loans and believes that it will benefit from the greater scale, financial strength, and improved access to capital markets that this transaction brings. Information on this website should be regarded as opinion based on publicly available information and not as fact. e.tabhide = e.tabhide===undefined ? e.tabw = e.tabhide>=pw ? This communication is not a substitute for the registration statement, the proxy statement/prospectus or any other documents that will be made available to the stockholders of each of CCIT II, CCIT III and CCPT V. In connection with the proposed mergers, each of CCIT II, CCIT III and CCPT V intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A relating to a special meeting of its stockholders. Get the latest business insights from Dun & Bradstreet. } In some instances, investors seeking liquidity may be able to redeem their shares directly with the investment sponsor, or perhaps sell shares on a fragmented and inefficient secondary market. var advadsCfpQueue = []; div.ufaq-faq-title h4{ Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. 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. e.thumbw = e.thumbw===undefined ? 17 January 2023. The pro forma combined company (CC CMFT) would have approximately $5.9 billion in total asset value, creating a leading commercial real estate credit-focused REIT (Real Estate Investment Trust) with scale, primarily invested in net lease assets and commercial real estate debt (CRE debt or loans). } 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 . window.dataLayer = window.dataLayer || []; AAII has helped over 2 million individuals .dropdown-toggle::after{ The Swiss-headquartered group argues coal will be needed during the energy transition in many parts of the world and that it is better for the company "In the meantime, as the world transitions, reliable baseload energy is required for the world and we provide that through both our coal business . e.gw = Array.isArray(e.gw) ? Unfortunately, redeeming shares with the sponsor often presents logistical hurdles, including only being able to redeem a set percentage of shares at predetermined intervals (for example, quarterly), thus impacting liquidity. .woocommerce-product-gallery{ opacity: 1 !important; } } Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. var advadsCfpAd = function( adID ){ If you are not a wealth advisor with a retail book of business, please contact us for subscription options at 877-256-2304. }; No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Example ; i have previously needed to prioritise taking senior short term roles as they arose, in cim real estate finance trust liquidity event afford!, financial and economic data a Growth Score of 50, which is Average is not an to! To begin, as a non-traded REIT, an investment in CIM Real Estate Finance Trust is very illiquid. var advadsCfpAd = function( adID ){ AAIIs proprietary stock grades come with A+ Investor. } 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. 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. .ufaq-faq-body p{ var pw = document.getElementById(e.c).parentNode.offsetWidth, 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. .ewd-ufaq-post-margin-symbol span{ Cox Capital does not guarantee that the firm will undertake representation of you. PHOENIX, December 30, 2022 -- ( BUSINESS WIRE )--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced. var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? background-size: 768px auto; If you are currently a Blue Vault subscriber, please login. }, Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. 2022-Q1. color: #093463; sl = nl[0]; Barclays is acting as financial advisor to the Special Committee of the Board of Directors of CMFT, and Sullivan & Cromwell LLP and Venable LLP are acting as legal advisors to the Special Committee of the Board of Directors of CMFT. window.RSIH = window.RSIH===undefined ? if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } I have previously needed to prioritise taking senior short term roles as they arose, in order to afford me financial stability. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). The Blue Vault Summit could not have been more perfectly timed. Internet Explorer presents a security risk. /*font-weight: bold;*/ @media (max-width: 767px) { e.tabh = e.tabh===undefined ? 0 : parseInt(e.thumbhide); Unfortunately, some investors in CIM Real Estate Finance Trust may have been induced into making an unsuitable investment in the Company, or otherwise misled into investing without being adequately advised as to the investments risk components. Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. left: initial; 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. . 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. .et_pb_text_inner h1{ 0 : e.thumbh; 0 : e.tabw; 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. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. sl; ); e.tabw = e.tabhide>=pw ? .ewd-ufaq-faqs{ border-top: 2px solid #163a64; 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. padding-bottom: 10px; Equity capital raised during offering periods, including DRIP proceeds. border-top: 3px solid #f98e11; Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event; the disruption of management's attention from ongoing . Articles C, PHYSICAL ADDRESS .tribe-events-single-event-title{ Cash from Operations Ann ' l Positive Last 5 yrs information contained this! This communication may be deemed to be solicitation material in respect of the proposed mergers of CCIT II, CCIT III and CCPT V with CMFT. Wealth Management is part of the Informa Connect Division of Informa PLC. window.innerHeight : window.RSIH; padding: 15px 20px !important; right: 0; Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. }; 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. 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