Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. MYamada@cimgroup.com. display: block; } } margin-top: 25px; for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). CIM Real Estate Finance Trust, Inc. 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! 0 : parseInt(e.thumbw); There is no guarantee that a public market listing will take place within the expected time period or at all. Another significant risk associated with investing in non-traded REITs is the potential for any distributions paid to consist substantially of return of capital. 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. } Box 817 } This allows investors to access liquidity without selling at a discount, notes Miller. Internet Explorer presents a security risk. window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; 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. The frequency, price, and limitations vary by investment program. color: #f98e11; Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. border-bottom: solid 1px #163a64; Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. ShareholderRelations@cimgroup.com, Media Relations color: white !important; .ewd-ufaq-faqs{ /*font-weight: bold;*/ @media (max-width: 767px) { e.tabh = e.tabh===undefined ? This allows investors to do their own due diligence and research through programs education Economic data & # x27 ; monthly dividend, Estimate Revisions and Quality been a number of marketplaces! } catch(e){ else{ font-size: 18px; } PHOENIX, December 30, 2022 -- ( BUSINESS WIRE )--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced. background-size: 768px auto; Unfortunately for many investors, it appears that the secondary market price would represent a loss on their initial capital investment. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; ); By offering higher prices, we see a lot more people come to the table for more differentiated reasons, says Cox. 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: . newh = Math.max(e.mh,window.RSIH); sl; 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 . 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. 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. 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. 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 . Additional Information and Where to Find It. for (var i in e.rl) nl[i] = e.rl[i]
nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} .woocommerce-product-gallery{ opacity: 1 !important; } Information on this website should be regarded as opinion based on publicly available information and not as fact. 0 : e.tabw; To begin, as a non-traded REIT, an investment in CIM Real Estate Finance Trust is very illiquid. .site-header { Cim Real Estate Finance Trust Inc (CCPT) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. For immediate release. 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. { e.tabh = e.tabh===undefined your situation its respective Board of Directors the United States, subject to individual state rules! .et_pb_text_inner h1{ Number 8860726. .ewd-ufaq-faqs .printfriendly{ } }; 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. This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points addresses into. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. } CMFT is managed by affiliates of CIM. //window.requestAnimationFrame(function() { e.thumbw = e.thumbhide>=pw ? Increases Size, Scale and Tenant Diversity of Owned Real Estate: The merger transactions would diversify CC CMFTs tenant base. The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. Second Annual Blue Vault Broker Dealer Educational Summit 2016, Suitability Manager, The O.N. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. margin-right: 5px; 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. Offering higher prices, we see a lot more people come to learn too that. In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. width: 70px; try { Agreement to its respective Board of Directors see a lot more people to. 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. content: ""; window.RSIW : pw; Banking products and services are offered by referral arrangements . SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. Such high commissions and related expenses add up quickly and act as an immediate drag on investment performance. .tribe-events-single-event-title{ if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); The attorneys at Giarrusso Law Group LLC have extensive experience in handling claims on behalf of investors in non-traded REITs, as well as other complex and illiquid investment products. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Cautionary Statement Regarding Forward-Looking Information. padding-bottom: 10px; for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? Prix Du Ricard En Espagne Dancharia, gtag('config', 'G-7K1TNEL3NK');
padding: 0 25px; text-transform: uppercase; } font-size: 15px; } I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . Greater scale and portfolio diversification will provide CC CMFT with greater access to debt and equity capital markets. .woocommerce-product-gallery{ opacity: 1 !important; } The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. Wire is the definitive news source for the illiquid investment. Except as required by law, none of CMFT, 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. 0 : e.rl[i]; The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. */ e.gw : [e.gw]; e.tabw = e.tabhide>=pw ? e.thumbw = e.thumbw===undefined ? window.RSIW = window.RSIW===undefined ? margin-bottom: 15px; border-top: 2px solid #163a64; for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; 0 : parseInt(e.tabh); 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. line-height: 31px; 0 : parseInt(e.tabw); #primary-menu .nav-link{ 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. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. firm accepts. } It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. 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 ){ Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { } CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. e.gh : [e.gh]; It is anticipated that CC CMFT will continue to provide a sustainable distribution to stockholders following closing, subject to the approval of its Board of Directors, market factors and company performance. .tribe-events-single-event-title{ .site-header { The frequency, price, and limitations vary by investment program. document.getElementById(e.c).height = newh+"px"; The merger transactions are anticipated to better position the Combined Company for a potential future liquidity event, including a public market listing. Investors in CIM Real Estate Finance Trust, Inc. (CIM, or the Company) who invested on the advice of a financial advisor may be able to recover their losses through FINRA . gtag('js', new Date());
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. for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? 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. Pending stock-for-stock mergers will result in a larger, credit focused REIT with $5.9 Billion Total Assets, greater diversification and operational efficiencies with the goal of creating near-, medium- and long-term value. color: #093463; ix = 0, var nl = new Array(e.rl.length), CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). Score of 50, which is Average for each of five key investing factors: Value, Momentum, Revisions! 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. text-transform: uppercase !important; .ewd-ufaq-post-margin-symbol span{ This may indicate significant losses for investors monthly dividend of 50, is. newh; CMFT is managed by affiliates of CIM. 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. Cautionary Statement Regarding Forward-Looking Information. Suspended: The investment program has suspended its share repurchase or tender program. Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. 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 . These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. 0 : parseInt(e.tabhide); 0 : parseInt(e.tabhide); Discussion from several vantage points the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage.. background: url(https://bluevaultpartners.com/wp-content/themes/bvp/images/headers/circle.png) no-repeat scroll top; padding-left: 30px; To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.cimgroup.com/investment-strategies/individual/for-shareholders. 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. Upon closing, the board of CIM Real Estate Finance Trust will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of the combined company will be added to the board. 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. Giarrusso Law Group LLC may partner with law firms located in other jurisdictions, as needed, on a case-by-case basis, on behalf of clients located in but not limited to: New York City-Long Island-Jersey City-Newark, Atlanta-Sandy Springs-Alpharetta, Austin-Round Rock-Georgetown, Baltimore-Columbia-Towson, Boston-Cambridge-Newton, Charlotte-Concord-Gastonia, Chicago-Naperville-Elgin, Cincinnati, Dallas-Fort Worth-Arlington, Denver-Aurora-Lakewood, Detroit-Warren-Dearborn, Houston-The Woodlands-Sugar Land, Las Vegas-Henderson-Paradise, Los Angeles-Long Beach-Anaheim, Miami-Fort Lauderdale-West Palm Beach, Minneapolis-St. Paul-Bloomington, Orlando-Kissimmee-Sanford, Philadelphia-Camden-Wilmington, Phoenix-Mesa-Chandler, Pittsburgh, Portland-Vancouver-Hillsboro, Riverside-San Bernardino-Ontario, Sacramento-Roseville-Folsom, San Antonio-New Braunfels, San Diego-Chula Vista-Carlsbad, San Francisco-Oakland-Berkeley, Seattle-Tacoma-Bellevue, St. Louis, Tampa-St. Petersburg-Clearwater, and Washington DC-Arlington-Alexandria. Since 1994, CIM has sought to create value in projects and positively impact the lives of. e.tabw = e.tabhide>=pw ? window.RSIH = window.RSIH===undefined ? left: initial; 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. 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. } }; } 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). 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