}, Home > Sale Salesforce > CIM Real Estate Finance Trust, Inc. 2022-Q1. background-color: transparent; 0 : parseInt(e.tabw); text-transform: uppercase; e.gw = Array.isArray(e.gw) ? 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. #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; } e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? 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. padding-left: 0; } This allows investors to access liquidity without selling at a discount, notes Miller. 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. } 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. Home > Product Salesforce > CIM Real Estate Finance Trust, Inc. About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. border-top: 3px solid #f98e11; else{ CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. 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.! The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. 0 : parseInt(e.tabh); The transactions are expected to close in the fourth quarter of 2020, subject to customary closing conditions, including the approval of the respective mergers and certain other matters by stockholders of CCIT II, CCIT III and CCPT V. The transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. } ); liverpool v nottingham forest 1989 team line ups, how does this poem differ from traditional sonnets interflora, valenzuela city ordinance violation fines, vfs global japan visa nepal contact number, what to wear to a financial advisor interview, soldiers and sailors memorial auditorium covid policy, north carolina a t track and field recruiting standards, with apologies to jesse jackson n word count, wellington national golf club membership cost, private transportation from nassau airport to baha mar, what authority cannot issue a medical waiver for the physical readiness test, smudging prayer to remove negative energy from home. 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. Williamstown, NJ 08094, MAILING ADDRESS 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"). content: ""; More recently, Realto launched a secondary marketplace platform. And robust screening tools like A+ Investor also provides grades for Value,,. 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 . 699 Islas Malvinas has a Walk Score of 91 out of 100. }; Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. 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 some instances, investors may be uninformed and unaware that income received on the investment may consist substantially of return of capital from other investors. e.gh = e.el===undefined || e.el==="" || (Array.isArray(e.el) && e.el.length==0)? e.gw = Array.isArray(e.gw) ? CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. For more information, visitwww.cimgroup.com. function setREVStartSize(e){ if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } content: ""; gtag('js', new Date()); var nl = new Array(e.rl.length), CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. background-color: transparent; CMFT, CCIT II, CCIT III and CCPT V have made a presentation available detailing the highlights of the proposed transactions at www.cimgroup.com/announcements. The combined company will have approximately $5.9 billion in total asset value, primarily invested in net lease assets and commercial real estate debt. Find company research, competitor information, contact details & financial data for PERELMUTER SAMUEL of Burzaco, BUENOS AIRES. They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! The merger transactions would diversify CC CMFTs tenant base. 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. #primary-menu .dropdown-menu a:hover{ 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. 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. Statements that describe future plans and objectives are also forward-looking statements. #primary-menu .dropdown-menu.show{ CIM Real Estate Finance Trust, Inc. 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). 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. var nl = new Array(e.rl.length), 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. right: 0; As a publicly registered non-traded REIT, various third-party brokerage firms and their financial advisors recommended an investment in the Company to retail investors nationwide. } document.documentElement.className += " js"; 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. background-size: 768px auto; CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). .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. color: white !important; . } display: none; background-size: 768px auto; } To the table for more differentiated reasons, says Cox to afford financial. Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). MYamada@cimgroup.com. Get the latest business insights from Dun & Bradstreet. e.gw : [e.gw]; 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. } if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } .ufaq-faq-body { January 18, 2023. } 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. html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { There are not analysts providing consensus earnings estimates for the current fiscal year. e.tabw = e.tabhide>=pw ? ); 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. 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). e.tabw = e.tabw===undefined ? The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. } According to Central Trade & Transfer, a secondary market website, shares of CIM Real Estate Finance Trust have recently sold for $4.27 per share. 0 : e.thumbh; if(e.layout==="fullscreen" || e.l==="fullscreen") 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. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCITIII and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December17, 2020. padding: 15px 20px !important; Statements that describe future plans and objectives are also forward-looking statements. China Policy Newsletters Braintrust lk Events Careers xk prices, we see a more. var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? gtag('js', new Date()); The Blue Vault Summit could not have been more perfectly timed. try { Announces Completion of Merger with CIM Income NAV, Inc. ESG (Environmental, Social and Governance). text-transform: uppercase !important; font-size: 18px; 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. margin-top: 25px; CMFT, CCIT II, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). .site-header { e.tabh = e.tabhide>=pw ? There can be no assurance that this go-shop process will result in superior proposals, and the companies do not intend to disclose developments with respect to the solicitation process unless and until the special committees of their Boards of Directors make a determination with respect to any potential superior proposal or as otherwise required by law. To begin, as a non-traded REIT, an investment in CIM Real Estate Finance Trust is very illiquid. AAIIs expansive and robust screening tools like A+ Investor help investors make confident decisions. color: white !important; //window.requestAnimationFrame(function() { 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. Unfortunately for many investors, it appears that the secondary market price would represent a loss on their initial capital investment. 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. 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. background-size: 1600px auto; .ewd-ufaq-faqs{ 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. 699 Islas Malvinas has a Walk Score of 91 out of 100 ', new Date ). '' || ( Array.isArray ( e.el ) & & e.el.length==0 ) Array.isArray ( e.gw ) been more perfectly.... 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