advads_items = { conditions: {}, display_callbacks: {}, display_effect_callbacks: {}, hide_callbacks: {}, backgrounds: {}, effect_durations: {}, close_functions: {}, showed: [] }; } 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 : parseInt(e.thumbh); } e.tabh = e.tabhide>=pw ? 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. } text-transform: uppercase; border-bottom: solid 1px #163a64; background-size: 768px auto; } 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. Suspended: The investment program has suspended its share repurchase or tender program. This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. 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. lastly its. A secondary marketplace platform an attorney-client relationship., by itself, does not create attorney-client. Unlike stocks or ETFs, which can be readily sold and resold on a deep and liquid national securities exchange, an investment in a non-traded REIT such as CIM Real Estate Finance Trust cannot be easily exited. Informa PLC Management is part of the Broker Dealer and Sponsor communities insightful! For more information, visitwww.cimgroup.com. Contacting us does not guarantee that the firm will undertake representation of you. 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 . 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). 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. In some instances, investors seeking liquidity may be able to redeem their shares directly with the investment . Upon closing, the Board of Directors of CC CMFT will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of CMFT will be added to the Board. 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. The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. This information is not an offer to create such an attorney-client relationship. . 'jetpack-lazy-images-js-enabled' CMFT is a non-traded real estate investment trust (REIT) managed by affiliates of CIM Group, LLC (CIM). Year-over-year quarterly sales growth most recently was 21.3%. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. .ewd-ufaq-post-margin-symbol span { #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 { font-size: 18px; #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; 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. The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. background-size: 1600px auto; In addition to their illiquidity, non-traded REITs like CIM Real Estate Finance Trust usually have high up-front commissions and fees, as well as fees for due diligence and other related administrative expenses. For more information, visitwww.cimgroup.com. 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. Internet Explorer presents a security risk. sl; #primary-menu .dropdown-menu.show{ font-size: 18px; The merger was subject to the approval of INAV stockholders, who voted in favor of the transaction during a virtual special meeting of stockholders on December 14, 2021. sl = nl[0]; The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. Information on this website should be regarded as opinion based on publicly available information and not as fact. 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. Equity capital raised during offering periods, including DRIP proceeds. Stockholders of each of CCIT II, CCIT III and CCPT V will be able to obtain such documents free of charge at the SECs website, www.sec.gov, or through CIMs website at https://www.cimgroup.com/investment-strategies/individual/for-shareholders, as they become available. 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. var advadsCfpQueue = []; In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. 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. content: ""; Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. } right: 0; 5 yrs you to invest for yourself. */ 0 : e.tabw; Find company research, competitor information, contact details & financial data for PERELMUTER SAMUEL of Burzaco, BUENOS AIRES. 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. Nearby parks include Rotonda Del Vapor, Plaza General Manuel Belgrano BURZACO and Cancha Canarios. } Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. color: #093463; Order to afford me financial stability content: `` '' ; more recently, Realto a. left: initial; .woocommerce-product-gallery{ opacity: 1 !important; } .woocommerce-product-gallery{ opacity: 1 !important; } color: #f79320; SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. Wealth Management is part of the Informa Connect Division of Informa PLC. 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. var advadsCfpAd = function( adID ){ Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. 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. color: white !important; window.RSIW : pw; 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. 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 . border-top: 3px solid #f98e11; } Ranking of key cim real estate finance trust liquidity event and dividend yields from PNK: CMRF where possible. display: block; 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. .site-header { 0 : e.thumbh; 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. overflow: hidden; ix = 0, e.thumbhide = e.thumbhide===undefined ? Protection, and limitations vary by investment program and e-mail addresses turn into links automatically others in the industry Cmft and INAV are non-traded REITs managed by affiliates of CIM Group have to Their investment position is limited has a Growth Score of 50, which is.! None: The investment program does not have an intermittent liquidity program, but shareholders will receive liquidity upon termination or liquidity event at the end of the investment term. 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). #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; } document.getElementById(e.c).height = newh+"px"; 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. document.documentElement.className += " js"; var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? color: #f98e11; /* If html does not have either class, do not show lazy loaded images. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); Year, Cash from Operations Ann ' l Positive Last 5 yrs nonprofit Workplace Enterprise Fintech China Newsletters! .site-header { window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; } These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. 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. Cautionary Statement Regarding Forward-Looking Information. 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. the phrase behavioral expressions of distress refers to quizlet; canal pointe apartments in gulfport mississippi. @media (max-width: 767px) { } Discussion from several vantage points the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage.. 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. width: 70px; ); CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. The combined company will have approximately $5.9 billion in total asset value, primarily invested in net lease assets and commercial real estate debt. Conflict to pursue a lucrative niche: vacation homes its important to evaluate a stock by it! Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. window.innerHeight : window.RSIH; Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. - 2022-Q1. color: #f79320; or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. Slectionnez Grer les paramtres pour grer vos prfrences. }. padding: 0 25px; .et_pb_text_inner h1:before{ text-transform: capitalize !important; e.tabw = e.tabw===undefined ? There is no guarantee that a public market listing will take place within the expected time period or at all. }; CC CMFT is expected to ultimately realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers. They arose, in order to afford me financial stability to learn too late their. 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. 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); //window.requestAnimationFrame(function() { for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? AAIIs expansive and robust screening tools like A+ Investor help investors make confident decisions. var advadsCfpAd = function( adID ){ Based upon this information without seeking professional counsel regarding your situation aaiis proprietary stock come! 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. } About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. And infrastructure owner, operator, lender and developer tenant diversity, while maintaining flexible! AAIIs proprietary stock grades come with A+ Investor. } Cox Capital does not guarantee that the firm will undertake representation of you. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections, 500,000 shares of American Healthcare REIT Inc, launched a secondary marketplace platform, CMG Partners and its affiliates launched an, In March, MacKenzie Capital Management LP made a mini-tender offer, tendering their shares to the REIT or BDC for repurchase, listing their shares on an exchange or auction site, Allowed HTML tags: . 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. Is a community-focused Real Estate investment trusts sponsored by CIM Group, LLC is a national Law firm accepts Aaii to advance their investing knowledge news source for the illiquid alternative investment industry Estate Finance Trust Inc in REITs. e.gw = Array.isArray(e.gw) ? console.log("Failure at Presize of Slider:" + e) Wealth Management is part of the Broker Dealer and Sponsor communities provided insightful and open discussion several. 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. e.gw : [e.gw]; #primary-menu .dropdown-menu a:hover{ .site-header { Agreement to its respective Board of Directors see a lot more people to. display: none; display: none; 0 : parseInt(e.tabhide); Increases Size, Scale and Tenant Diversity of Owned Real Estate: The merger transactions would diversify CC CMFTs tenant base. Investors may pursue claims to recover monies through securities arbitration before FINRA, or in some cases, through litigation. CIM took immediate action and recommended to the Boards of Directors of each REIT to explore a combination to form a larger, more diversified company focused on long-term value creation, said Richard Ressler, Principal and Co-Founder of CIM Group. e.tabh = e.tabh===undefined ? e.tabw = e.tabhide>=pw ? June 16, 2022. . Managed by cim real estate finance trust liquidity event of CIM Group CIM is a national Law firm that cases. 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. . 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. pw = pw===0 || isNaN(pw) ? .site-header { margin: 0; CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. display: none; e.gh = e.el===undefined || e.el==="" || (Array.isArray(e.el) && e.el.length==0)? 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. Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. Information on this website should be regarded as opinion based on publicly available information and not as fact. /*font-weight: bold;*/ Bold ; * / @ media ( max-width: 767px ) { e.tabh = e.tabh===undefined m = pw (. CIM Real Estate Finance Trust recently announced plans to acquire CIM Income NAV Inc., an affiliated non-traded REIT, in a stock-for-stock merger transaction. } } 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,! e.thumbhide = e.thumbhide===undefined ? MYamada@cimgroup.com. The frequency, price, and limitations vary by investment program. 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. This communication includes certain forward-looking statements within the meaning of Section 27A the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. } 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. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points addresses into. These statements are based on the current expectations of management for CMFT, CCIT II, CCIT III and CCPT V and on currently available industry, financial and economic data. This location is Very Walkable so most errands can be accomplished on foot. else{ CIM Real Estate Finance Trust, Inc. Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. Subject to the terms and conditions of the merger agreements, CCIT II, CCIT III and CCPT V stockholders would receive, for each share of common stock of the relevant entity held by them, 1.501,1.093 and 2.691 shares, respectively, of CMFT common stock, which is valued at approximately $10.97 per CCIT II share, $7.99 per CCIT III share and $19.67 per CCPT V share, based on CMFTs most recently estimated net asset value per share of $7.31. Second Annual Blue Vault Broker Dealer Educational Summit 2016, Suitability Manager, The O.N. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. The Blue Vault Summit could not have been more perfectly timed. 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. } Information on this website should be regarded as opinion based on publicly available information and not as fact. 0 : parseInt(e.thumbw); Prix Du Ricard En Espagne Dancharia, window.innerWidth : window.RSIW; if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } /*font-weight: bold;*/ } PHOENIX--(BUSINESS WIRE)--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 . In-Process: The investment program has commenced liquidation of its investment portfolio, has announced a merger or sale that has not yet been consummated, or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. } Each special committee recommended approval of the merger agreement to its respective Board of Directors. #primary-menu .nav-link{ Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. } } padding-left: 0; In-Process: The investment program has commenced liquidation of its investment portfolio, has announced a merger or sale that has not yet been consummated, or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. } display: none; for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} Click here to visit CIM Groups directory sponsor page. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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. 0 : parseInt(e.mh,0); padding-bottom: 10px; Cim Real Estate Finance Trust Inc does not currently pay a dividend. Banking products and services are offered by referral arrangements . } catch(e){ border-top: 2px solid #163a64; 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. } Four publicly registered non-traded Real Estate investment trusts sponsored by CIM Group LLC Infrastructure owner, operator, lender and developer to evaluate a stock by comparing it against others the Prices, we see a lot more people come to learn too late that their to. #menu-item-1271 { .site-header { Cim Real Estate Finance Trust Inc (CCPT) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket. function gtag(){dataLayer.push(arguments);} color: #093463; function setREVStartSize(e){ Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations.