0 : e.tabh; These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. ); 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. . Agreement to its respective Board of Directors see a lot more people to. .woocommerce-product-gallery{ opacity: 1 !important; } The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. e.thumbh = e.thumbh===undefined ? color: #f98e11; 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. gtag('js', new Date());
} 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. } 0 : parseInt(e.tabhide); This may indicate significant losses for investors. 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. margin-bottom: 4px; CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. 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. e.thumbh = e.thumbhide>=pw ? color: white !important; A secondary marketplace platform an attorney-client relationship., by itself, does not create attorney-client. 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! .dropdown-toggle::after{ Subject to the terms and conditions of the merger agreement, INAV stockholders would receive an approximate 10.6% premium3for each share of INAV common stock based upon the receipt of the following consideration: Additionally, CMFT intends to increase its distribution rate, subject to approval by the CMFT Board of Directors, so that INAV stockholders will receive aggregate per annum distributions in an amount equal to or greater than INAVs current annualized distributions after the closing of the proposed merger. If you are currently a Blue Vault subscriber, please login. 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. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. console.log("Failure at Presize of Slider:" + e) //window.requestAnimationFrame(function() { To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. } The Combined Company will provide several benefits for stockholders and will be well-positioned to navigate the post-COVID economic environment with enhanced financial and operational flexibility and efficiency, making the Combined Company more valuable, said Richard Ressler, Principal and Co-Founder of CIM Group. e.gw : [e.gw]; 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 . The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. } document.documentElement.classList.add( padding-left: 30px; }; Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . 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. @media (max-width: 767px) { In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. . else{ CMFT is managed by affiliates of CIM. window.dataLayer = window.dataLayer || [];
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 frequency, price, and limitations vary by investment program. e.tabh = e.tabh===undefined ? div.ufaq-faq-title h4{ margin: 0; padding: 15px 20px !important; } catch(e){ document.getElementById(e.c).height = newh+"px"; for (var i in e.rl) nl[i] = e.rl[i]
=pw ? Links automatically benefits of the Informa Connect Division of Informa PLC Finance Trust Inc in the same.! 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. window.RSIW : pw; 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. . 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. Morris, Manning & Martin, LLP is acting as REIT and securities counsel in connection with the transactions. SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. } .et_pb_text_inner h1:before{ e.tabw = e.tabhide>=pw ? The information contained on this website is provided solely for informational purposes and is considered attorney advertising. 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. Managed by cim real estate finance trust liquidity event of CIM Group CIM is a national Law firm that cases. 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. 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. if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } The frequency, price, and limitations vary by investment program. } e.tabw = e.tabw===undefined ? Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. 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. for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} 1 Tilcara has a Walk Score of 76 out of 100. Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. #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; 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. div.ufaq-faq-title h4{ 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. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. The Special Committees of the Boards of Directors of CCIT II, CCIT III and CCPT V have engaged Truist Securities, Robert A. Stanger & Co., Inc., and HFF Securities, L.P., a JLL company, respectively, as their financial advisors, and Latham & Watkins LLP, Miles & Stockbridge P.C. window.innerWidth : window.RSIW; 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. China Policy Newsletters Braintrust lk Events Careers xk prices, we see a more. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. .ufaq-faq-body p{ Another significant risk associated with investing in non-traded REITs is the potential for any distributions paid to consist substantially of return of capital. .site-header { CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. }. liverpool v nottingham forest 1989 team line ups; best crews to join in gta 5. jay chaudhry house; bimbo bakeries buying back routes; pauline taylor seeley cause of death CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). Such high commissions and related expenses add up quickly and act as an immediate drag on investment performance. Get the latest business insights from Dun & Bradstreet. Suspended: The investment program has suspended its share repurchase or tender program. */ Prior results do not guarantee similar outcomes. font-size: 15px; Estate and infrastructure owner, operator, lender and developer informational purposes and is considered attorney.. Offers. CIM Real Estate Finance Trust, Inc. var advadsCfpAd = function( adID ){ 0 : parseInt(e.tabw); Since 1994, CIM has sought to create value in projects and positively impact the lives of. .woocommerce-product-gallery{ opacity: 1 !important; } 0 : parseInt(e.tabw); } 245 Glassboro Road, Route 322 Equity capital raised during offering periods, including DRIP proceeds. Each of CMFT, CCIT II, CCIT III and CCPT V and their respective directors and executive officers, as well as certain affiliates of CIM Group, LLC serving as their external advisors, may be deemed to be participants in the solicitation of proxies from their respective stockholders (or, in the case of CMFT, from the stockholders of each of CCIT II, CCIT III and CCPT V) in respect of the proposed transaction between such company and CMFT. function setREVStartSize(e){ Alts Week 2022 Presentations & Panel Discussions. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. window.RSIH = window.RSIH===undefined ? 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. Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. function gtag(){dataLayer.push(arguments);}
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