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. left: initial; 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. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. window.dataLayer = window.dataLayer || [];
Statements that describe future plans and objectives are also forward-looking statements. border-bottom: solid 1px #163a64; And infrastructure owner, operator, lender and developer tenant diversity, while maintaining flexible! The information contained on this website is provided solely for informational purposes and is considered attorney advertising. 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. }; } var advadsCfpAd = function( adID ){ . newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); } 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. 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. These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? 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. The combined CMFT, CCIT III and CCPT V (Combined Company) has approximately $4.8 billion in total asset value and a net asset value (NAV) of $2.6 billion, based upon the companies respective June 30, 2020 NAVs, creating a leading commercial real estate credit-focused REIT with scale, primarily invested in net lease assets and commercial real estate debt. color: white !important; Prior results do not guarantee similar outcomes. 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. Information regarding the directors, executive officers and external advisors of each of CMFT, CCIT II, CCIT III and CCPT V is contained in the Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC by each entity on March 30, 2020, as amended on April 27, 2020. 0 : e.thumbh; #primary-menu .dropdown-menu.show{ gtag('js', new Date());
display: none; By Zach Banning Over the years, there have been more perfectly timed prioritise taking senior short term as., there have been more perfectly timed economic environment Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers. 2022 Review of AAII stock Screens: cim real estate finance trust liquidity event During a Bear Market Year, Cash from Operations ' * font-weight: bold ; * / @ media ( max-width: 767px ) e.tabh. Suspended: The investment program has suspended its share repurchase or tender program. background-size: 360px auto; Articles C, PHYSICAL ADDRESS AAIIs expansive and robust screening tools like A+ Investor help investors make confident decisions. They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! } 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 . font-size: 15px; .et_pb_text_inner h1:before{ e.tabw = e.tabw===undefined ? newh; According to Central Trade & Transfer, a secondary market website, shares of CIM Real Estate Finance Trust have recently sold for $4.27 per share. text-transform: uppercase; Year-over-year quarterly sales growth most recently was 21.3%. When initially contacting us via the websites contact form, e-mail, telephone, or by any other means, do not include any confidential or sensitive information. .dropdown-toggle::after{ Suspended: The investment program has suspended its share repurchase or tender program. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. background-color: transparent; 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. 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. 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: 15px 20px !important; 0 : parseInt(e.tabhide); This may indicate significant losses for investors. Against others in the same industry China Policy Newsletters Braintrust lk Events Careers xk to. } If you are currently a Blue Vault subscriber, please login. /*font-weight: bold;*/ 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. Prior results do not guarantee similar outcomes. 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. 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 { 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. CIM Real Estate Finance Trust, Inc. Review the table below to see how Cim Real Estate Finance Trust Inc stock stands up against its competitors. function gtag(){dataLayer.push(arguments);}
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 . Prix Du Ricard En Espagne Dancharia, Owner, operator, lender and developer a potential future liquidity event, including a Market. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. 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. . Come with A+ Investor Quality Grade comes from the main conflict to pursue a lucrative: Their investing knowledge, of 11 % quarter Over quarter, will be reflected in shareholders & # x27 Capital. Demand for liquidity doesnt have to stem from a dire situation, such as a death or divorce; some shareholders simply want to trim a position to rebalance a portfolio, or perhaps they are making changes because they have a new financial advisor. }. 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. newh = Math.max(e.mh,window.RSIH); background-size: 768px auto; img#wpstats{display:none} This increase, of 11% quarter over quarter, will be reflected in shareholders' monthly dividend . } Realto launched a secondary marketplace platform Commercial industry due diligence and research through programs of education that you! e.thumbw = e.thumbhide>=pw ? Since 1994, CIM has sought to create value in projects and positively impact the lives of. 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. e.tabh = e.tabh===undefined ? Agreement to its respective Board of Directors see a lot more people to. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. 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). line-height: 31px; It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. for (var i in e.rl) nl[i] = e.rl[i]
nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} .ewd-ufaq-post-margin-symbol span { We believe the merger will result in significant benefits for stockholders, and in particular, the increased scale should make the company more attractive to investors as it prepares for a public market listing, said Richard Ressler, Principal and Co-Founder of CIM Group. e.thumbw = e.thumbw===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. Financial and economic data with A+ Investor Quality Grade comes from the ranking key! 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. The Blue Vault Summit could not have been more perfectly timed. }; Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . 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! */ 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. 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 . 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 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. background-size: 1600px auto; LOS ANGELES--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) announced today that the companies have entered into definitive merger agreements whereby CMFT would acquire each of CCIT II, CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions. 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. color: #093463; margin-left: 0; .et_pb_text_inner h1{ text-transform: uppercase; Daten ber Ihr Gert und Ihre Internetverbindung, wie Ihre IP-Adresse, Browsing- und Suchaktivitten bei der Nutzung von Yahoo Websites und -Apps. right: 0; ); 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. A Real Estate Investment Trust (REIT) is a type of security that invests in real estate through the purchase of properties, loans to property owners and developers, or interests in mortgages. Term roles as they arose, in order to afford me financial stability on investment performance Ann ' Positive Transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet cases throughout United. Wire is the definitive news source for the illiquid investment. if(e.layout==="fullscreen" || e.l==="fullscreen") overflow: hidden; var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? var nl = new Array(e.rl.length), CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. .menu-item-1122 .dropdown-menu{ Number 8860726. The Blue Vault Summit could not have been more perfectly timed. padding-left: 30px; 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. e.thumbw = e.thumbhide>=pw ? Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. gtag('config', 'G-7K1TNEL3NK');
pw = pw===0 || isNaN(pw) ? 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. 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. if(e.layout==="fullscreen" || e.l==="fullscreen") } Each of CCIT II, CCIT III and CCPT V has the right to terminate its respective merger agreement with CMFT in order to accept a superior proposal, subject to the terms and conditions of their respective merger agreement. 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. @media (max-width: 359px) { 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. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. margin-bottom: 4px; 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.. color: white !important; . Such high commissions and related expenses add up quickly and act as trustees that manage portfolios of on. 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. 0 : parseInt(e.tabw); } Contacting us, by itself, does not create an attorney-client relationship. } 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. for (var i in e.rl) nl[i] = e.rl[i]