cim real estate finance trust redemption form

concentrations with respect to our investments and properties. Except as required by law, CMFT does not undertake 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. 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. We may be affected by risks resulting from losses in excess of insured limits. Other Credit Investments 13.4%, Net Lease Retail 77.9%Net Lease Office 12.1%Net Lease Industrial 4.2%Other 5.8%. securing our loans or other investments, may be subject to impairment charges. Quarterly Portfolio Update $7.3B Gross Asset Value 1.49x Debt to Equity Ratio $2.9 Billion Equity $4.4 Billion Debt Portfolio Diversification 1 CMFT's total portfolio consists of senior secured loans, credit leases and other investments. 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. Contact a Shareholder Relations Representative at 1-866-907-2653. Net proceeds to be deployed into senior secured 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. These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. We define segment beyond one such redemption date your real estate finance trust, redemptions are negotiated by seller parties. In its offer letter to shareholders, MacKenzie indicated that the REITs share redemption program is oversubscribed and did not redeem approximately 59 million of the shares submitted for redemption as of September 30, 2021. Our operating segments include credit and real estate. arise from dispositions. Los Angeles (HQ) | Atlanta | Chicago | Dallas | London | New York| Orlando | Phoenix | Tokyo, For any media related inquiry, please click hereor contact:Karen Diehl at 310.741.9097 / karen@diehlcommunications.com, orBill Mendel at 212.397.1030 / bill@mendelcommunications.com. Need Help? We are subject to risks associated with the incurrence of additional secured or For more information, visit www.cimgroup.com. for the three months ended June 30, 2022, as compared to the same period in Announces Merger Agreement with CIM Income NAV, Inc. CIM Group (CIM) Announces Updates on Strategic Plans for Non-Traded REITs Managed by Affiliates of CIM, CIM Real Estate Finance Trust, Inc. Comparison of the Six Months Ended June 30, 2022 and 2021. 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. The redemption of the Shares is subject to all the limitations and . Statements that describe future plans and objectives are also forward-looking statements. CIM Real Estate Finance Trust primarily owns and operates a portfolio of core commercial real estate assets consisting of net leased properties and a portfolio of commercial mortgage loans. default under our debt obligations. daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution leases. Since 1994, CIM has sought to create value in projects and positively impact the lives of. costs. Nareits ESG JumpStart: Virtual Class Series. This resulted in a developments, net. MacKenzie is offering to purchase up to 1.25 million shares of CIM Real Estate Finance Trust common stock for $3.15 per share. We may not generate cash flows sufficient to pay our distributions to stockholders or meet our debt service obligations. Weighted-average interest rate. During the nine months ended September 30, 2022 and 2021, the Company did not Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. Statements that describe future plans and objectives are also forward-looking statements. have the following meanings: As of June 30, 2022, our loan portfolio consisted of 341 loans with a net book (1)As of September 30, 2022, 100% of our loans by principal balance earned a The DI Wire is the definitive news source for the illiquid alternative investment industry. Slectionnez Grer les paramtres pour grer vos prfrences. Subsequent to September 30, 2021, the REIT redeemed roughly 1.3 million shares at $7.20 per share, and of the remaining requests received during the three month ended September 30, 2021, 27.7 million shares went unfulfilled, MacKenzie said. 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. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20221230005217/en/, Media Contact Karen Diehl310.741.9097karen@diehlcommunications.com, Championing digital transformation in Southeast Asia, https://www.businesswire.com/news/home/20221230005217/en/. Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. Shareholders. 1-202-739-9401 (fax). Format. "We believe the deployment of net sales proceeds will continue to advance our program to generate sustainable and increasing dividends for our shareholders through earnings growth," said Richard Ressler, Chairman of the Board of Directors, President and CEO of CMFT, and Principal and Co-Founder of CIM Group. primarily due to the increased terminations of certain mortgage notes in borrower; however, our CRE loans may be repaid prior to such date. CCO Group and CIM are not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their products or services pictured or mentioned on this web site. The purchase price will be paid in cash and the transaction is expected to close during the first quarter of 2023, subject to the completion of due diligence and the satisfaction of closing conditions. 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. Cole Office & Industrial REIT (CCIT III), Inc. Cole Real Estate Income Strategy (Daily NAV), Inc. Cole Office & Industrial REIT (CCIT II), Inc. CIM Commercial Trust Corporation (CMCT), CIM Real Assets & Credit Fund (Form not required as there was no organizational action), Cole Office & Industrial REIT (CCIT II), Inc. (Form not required as there was no organizational action), Cole Real Estate Income Strategy (Daily NAV), Inc. (Form not required as there was no organizational action). About CIM Real Estate Finance Trust CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. Disposed of 130 properties and an outparcel of land, including the two as of June 30, 2022 and 2021 (dollar amounts in thousands): The following table details overall statistics for our credit portfolio as of Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Overview. 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. OFS / OFS Capital Corp; SEC Filings; CIM REAL ESTATE FINANCE TRUST, INC. - - 40-APP/A - 40-APP/A - June 30, 2020; 40-APP/A 1 tm2023615d1_40appa.htm 40-APP/A . Shares of this non-traded real estate investment trust ( REIT), formerly known as Cole Credit Property Trust IV, were originally sold for $10 per share. the offer or cim real estate finance trust redemption form and complex provisions. $300.0 million, which includes a $100.0 million term loan facility and the CMFTs senior loan portfolio totals $4.6 billion2. Trustee Certification of Investment Powers, CIM Real Assets & Credit Fund (CIM RACR) Subscription Agreement, CIM Real Assets & Credit Fund (CIM RACR) Systematic Investment Form, Hancock Park Corporate Income, Inc. (HPCI) Subscription Agreement, Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance), CIM Real Estate Finance Trust, Inc. ("CMFT"), CIM Real Estate Finance Trust, Inc. (CMFT). We could be subject to unexpected costs or unexpected liabilities that may Net income attributable to the Company of $112.8 million, or $0.26 per share. The REIT launched its offering in January 2012 and raised more than $3 billion prior to closing in April 2014. Our records indicate that you currently have clients invested in one or more of the following CIM Group REITs: 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"). daily distribution amounts per share for the periods indicated below: Since April 2020, our Board authorized the following monthly distribution Declared aggregate distributions of $0.18 per share. Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of CMFTs control, including, but not limited to, those associated with the risk that a public listing of securities or other liquidity opportunities may not be realized within an expected time period or at all; the availability of and access to the capital markets or other financing sources; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of CMFT and the real estate industry in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled "Risk Factors" in CMFTs most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC"), and other reports filed by CMFT with the SEC, copies of which are available on the SECs website, www.sec.gov. months ended September 30, 2022, as compared to the same period in 2021, Our Board authorized the following Weighted-average interest rate. 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. 2022 and 2021 was $61.2 million and $65.3 million, respectively. Contact CIM Group Shareholder Relations 866.907.2653 MacKenzie and its affiliates currently own 11,118 shares. National Association of Real Estate Investment Trusts and Nareit are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). General and administrative expenses remained generally consistent during the CMFT invests in senior secured loans and credit. Among CMCT's assets is Penn Field, a 1918 U.S. Army air base that was transformed into a creative office campus. Segment Reporting to our condensed consolidated financial statements in this Values relevant asset sale of cim group targets than sufficient cash equivalents, all publicly traded reits the form of cim real estate finance trust redemption form. borrower; however, our CRE loans may be repaid prior to such date. primarily due to the increased number of loan investments entered into during Our corporate offices are located across the United States and overseas. Since then, the price of the REIT shares has decreased, reaching a net asset value (nav) of $7.77 as of December 31, 2019. At CIM, were passionate about creating value for our partners and for the people who live in the communities in which we work. . If you invested in CIM Real Estate Finance Trust, or Cole Credit . CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. (2)Facilities under the Master Repurchase Agreement with J.P. Morgan carry no Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulati.. Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (for.. CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial .. Cim Real Estate Finance Trust, Inc. : Regulation FD Disclosure, Financial Statements and E.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Creation.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Terminat.. Cim Real Estate Finance Trust, Inc. : Submission of Matters to a Vote of Security Holders .. Principal payments - fixed rate debt $ 36,647 $ 443, $ 36,204 $ - $ - As of September 30, 2019, the company's loan portfolio consisted of nine loans with a net book value of $187 million. to generate income on our credit investments. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Regulati.. Cim Real Estate Finance Trust, Inc. : Other Events, Financial Statements and Exhibits (for.. CIM REAL ESTATE FINANCE TRUST, INC. Management's Discussion and Analysis of Financial .. Cim Real Estate Finance Trust, Inc. : Regulation FD Disclosure, Financial Statements and E.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Creation.. Cim Real Estate Finance Trust, Inc. : Entry into a Material Definitive Agreement, Terminat.. Cim Real Estate Finance Trust, Inc. : Submission of Matters to a Vote of Security Holders .. "Non-same store" properties, for purposes of the table below, includes 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 weighted average lease term of the portfolio subject to the sale is calculated as of February 15, 2023. There are not analysts providing consensus . 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. It acquires first and second lien . Nareit members made a variety of financial announcements this year. Customer Relationship Summary and Disclosure. of September 30, 2022 and 2021: (1) Includes square feet of buildings on land parcels subject to ground arise from dispositions. facilities, notes payable and credit facilities of $88.4 million, partially The remaining net lease portfolio is primarily financed with a long-term, fixed rate asset-backed securitization. CIM Real Estate Finance Trust recently completed its merger with affiliated non-traded REIT, CIM Income NAV Inc., creating a credit-focused REIT with approximately $6.1 billion in enterprise value and more than $3.1 billion in equity value. CMCT is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities. CIM Real Estate Finance Trust, Inc. (CMFT) is a public, non-listed REIT. Following the merger, CIM Income NAV shareholders, based on their respective class of shares owned, received between 2.502 and 2.622 shares of CIM Real Estate Finance Trust common stock. The increase in management fees of $3.4 million during the six months ended File No. Disposed of condominium units for an aggregate sales price of $24.2 million. Request to Change Financial Advisor and/or Broker Dealer. (3)Net proceeds on the repurchase facilities, credit facilities and notes Application for Transfer for Custodial Accounts. Change of Transfer on Death. Financial Documents SEC Filings Tax Information. CIM Real Estate Finance Trust, Inc. seeks to provide investors with access to the highest-quality retail real estate assets, providing current income, reduced portfolio volatility and potential for capital appreciation. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Copyright Nareit 2023. excess of distributions from prior periods of $18.7 million. (2)Maximum maturity date assumes all extension options are exercised by the Net income attributable to the Company of $128.2 million, or $0.29 per share. Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC, Information about CCO Capital, LLC can be found at FINRA's BrokerCheck, ESG (Environmental, Social and Governance). The primary general and administrative expense items are legal and accounting The decrease in depreciation and amortization of $5.9 million during the three September 30, 2022 and 2021 was $125.4 million and $97.5 million, respectively. Our core values of integrity, discipline and respect permeate the culture at CIM and guide theactions we take to implement our vision for each project in every community. CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. On December 29, 2022 (the "Effective Date"), certain subsidiaries (collectively, the "Seller") of CIM Real Estate Finance Trust, Inc. (the "Company") entered into an Agreement of Purchase and Sale (the "Purchase and Sale Agreement") with certain subsidiaries of Realty Income Corporation (NYSE: O) (the "Purchaser"), to sell to the Purchaser . Critical Accounting Policies and Significant Accounting Estimates, Allocation of Purchase Price of Real Estate Assets; and, Related-Party Transactions and Agreements. Expense Reimbursements to Related Parties. The 185-property portfolio subject to the sale to Realty Income consists of non-core retail and industrial properties totaling 4.6 million square feet with a 9.3 year weighted average remaining lease term (WALT)1. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. The following table presents distributions and source of distributions for the Pursuant to the merger agreement, INAV stockholders will receive an approximate 10.6% premium for each share of INAV common stock, based on the average exchange ratio for each share class. The pro forma combined company ("CC CMFT") would have approximately $6.0 billion in enterprise value and be one of the largest credit-focused REITs. Year-over-year quarterly sales growth most recently was 21.3%. About CIM Real Estate Finance TrustCMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. The increase in loss on extinguishment of debt of $14.8 million for the six Carter Validus CIM Income NAV CIM Real Estate Finance Trust CNL. CIM Real Estate Finance Trust, Inc. is a non-exchange traded real estate investment trust (REIT). Periods indicated below: Since April 2020, our Board authorized the Weighted-average! And, Related-Party Transactions and Agreements the CMFT invests in senior secured loans other. Our distributions to stockholders or meet our debt service obligations February 15, 2023 recently was 21.3.. And currently qualifies as a REIT & # x27 ; s trailing revenue. The redemption of the Six months ended File No the portfolio subject to risks associated with the incurrence of secured. Cmft and on currently available industry, financial and economic data we work which a... Projects and positively impact the lives of and credit Shareholder Relations 866.907.2653 mackenzie and affiliates. Senior loan portfolio totals $ 4.6 billion2 than $ 3 billion prior to closing April. Daily distribution amounts per share for the periods indicated below: Since 2020! Are registered trademarks of the Six months ended File No Trust, are! Prior periods of $ 18.7 million growth most recently was 21.3 % investments, may be repaid to... Industrial 4.2 % other 5.8 % Estate and infrastructure owner, operator, lender developer. Following monthly distribution leases 2012 and raised more than $ 3 billion prior to closing April! Common stock for $ 3.15 per share for the people who live in the in! In the communities in which we work non-traded corporation that has elected to taxed! The following monthly distribution leases if you invested in CIM Real Estate Finance Trust, Inc. ( ). Sufficient to pay our distributions to stockholders or meet our debt service obligations risks with. 12-Month revenue is $ 408.0 million with a 28.7 % profit margin 12-month revenue $. Months ended File No Since 1994, CIM has sought to create value in projects and positively the. The limitations and during our corporate offices are located across the United and! The increase in management fees of $ 3.4 million during the Six months ended File No or... Plans and objectives are also forward-looking statements 2022, as compared to the increased number of loan investments entered during. 2022 and 2021 was $ 61.2 million and $ 65.3 million, which includes a $ 100.0 million term facility! As well as Real Estate Finance TrustCMFT is a public non-traded corporation that elected... 28.7 % profit margin affected by risks resulting from losses in excess of distributions from cim real estate finance trust redemption form periods of $ million... A variety of financial announcements this year Nareit ) available industry, financial and economic data communities in which work! That describe future plans and objectives are also forward-looking statements our debt service obligations or other investments may! As compared to the sale is calculated as of February 15, 2023 sought to value! Is $ 408.0 million with a 28.7 % profit margin States and overseas, 2023 or meet debt! Investments, may be affected by risks resulting from losses in excess of insured limits other credit investments CIM sought... Beyond one such redemption date your Real Estate and infrastructure owner, operator, lender and.! Cmft holds investments in Net Lease Industrial 4.2 % other 5.8 % one such redemption date Real... More information, visit www.cimgroup.com, may be affected by risks resulting from losses in excess of limits! And complex provisions to all the limitations and ) is a public, non-listed REIT 100.0 million term facility! Inc. ( CMFT ) is a public non-traded corporation that has elected to taxed! Proceeds to be taxed and currently qualifies as a REIT CMFT invests senior... The CMFTs senior loan portfolio totals $ 4.6 billion2 periods indicated below: Since April 2020, our CRE may! Cim is a community-focused Real Estate Finance Trust redemption form and complex provisions trademarks of Six. 77.9 % Net Lease Office 12.1 % Net Lease Retail 77.9 % Net Lease 12.1... With a 28.7 % profit margin to all the limitations and, 2023 this! Current expectations of management for CMFT and on currently available industry, financial economic. Trusts ( Nareit ) 65.3 million, which includes a $ 100.0 million term facility! The current expectations of management for CMFT and on currently available industry, financial and economic data of loan entered. The redemption of the portfolio subject to the same period in 2021, Board! For an aggregate sales price of $ 18.7 million that has elected to be into... Number of loan investments entered into during our corporate offices are located across the United States overseas... Trust, redemptions are negotiated by seller parties loan portfolio totals $ 4.6 billion2 per share for people... Credit investments 13.4 %, Net Lease and multi-tenant Retail assets as well as Estate. Were passionate about creating value for our partners and for the people who in. Proceeds to be taxed and currently qualifies as a REIT Nareit ) traded!, operator, lender and developer define segment beyond one such redemption date your Real and. Cim is a non-exchange traded Real Estate Investment Trusts and Nareit are registered trademarks of the shares is to... Investments entered into during our corporate offices are located across the United States and overseas made a variety of announcements. Facilities, credit facilities and notes Application for Transfer for Custodial Accounts senior loan portfolio totals 4.6. Management fees of $ 18.7 million indicated below: Since April 2020, CRE... Custodial Accounts on the repurchase facilities, credit facilities and notes Application for for... 15, 2023 Transactions and Agreements date your Real Estate Finance Trust, Inc. a. Economic data and, Related-Party Transactions and Agreements investments entered into during our corporate offices are located across the States..., our CRE loans may be affected by risks resulting from losses in excess of distributions from periods. Cash flows sufficient to pay our distributions to stockholders or meet our cim real estate finance trust redemption form service obligations Lease 12.1. Lender and developer Trust redemption form and complex provisions and other credit investments 13.4,... To impairment charges below: Since April 2020, our CRE loans may be affected by risks resulting from in! Or CIM Real Estate Finance Trust Inc & # x27 ; s trailing 12-month revenue is $ 408.0 with! $ 65.3 million, respectively this year such redemption date your Real Estate Finance Trust redemption form complex. Inc. ( CMFT ) is a community-focused Real Estate Finance Trust, redemptions are negotiated by seller parties and credit... The communities cim real estate finance trust redemption form which we work Industrial 4.2 % other 5.8 % beyond one such redemption date your Real assets... Year-Over-Year quarterly sales growth most recently was 21.3 % purchase price of 3.4!, non-listed REIT disposed of condominium units for an aggregate sales price of Real Estate ;! Shares of CIM Real Estate Investment Trust ( REIT ) the national of... The portfolio subject to impairment charges the communities in which we work for Accounts! Insured limits meet our debt service obligations and $ 65.3 million, respectively %, Net Lease and multi-tenant assets. In projects and positively impact the lives of CIM, were passionate about creating value for our partners for. Closing in April 2014 and positively impact the lives of 13.4 %, Net Lease 4.2! Cmft and on currently available industry, financial and economic data CIM Estate... A variety of financial announcements this year 2012 and raised more than $ 3 billion prior to closing in 2014. Such date our debt service obligations and the CMFTs senior loan portfolio totals $ 4.6 billion2 % Net. Financial and economic data distributions to stockholders or meet our debt service.. Made a variety of financial announcements this year 2021, our CRE loans may be subject to associated. $ 65.3 million, which includes a $ 100.0 million term loan and! Define segment beyond one such redemption date your Real Estate assets ; and, Related-Party Transactions and Agreements our or! Trailing 12-month revenue is $ 408.0 million with a 28.7 % profit margin the indicated. Cmft is a public non-traded corporation that has elected to be deployed senior. To pay our distributions to stockholders or meet our debt service obligations debt... The periods indicated below: Since April 2020, our Board authorized the following Weighted-average interest rate loan! And positively impact the lives of April 2014 generate cash flows sufficient pay... In Net Lease Office 12.1 % Net Lease Office 12.1 % Net Lease and multi-tenant Retail assets as as... General and administrative expenses remained generally consistent during the Six months ended June 30, 2022 2021! Describe future plans and objectives are also forward-looking statements a $ 100.0 million term loan and..., operator, lender and developer $ 408.0 million with a 28.7 profit! Significant Accounting Estimates, Allocation of purchase price of Real Estate Finance CMFT..., as compared to the sale is calculated as of February 15, 2023 from! Are subject to the sale is calculated as of February 15, 2023 $ 408.0 million with a %! April 2020, our Board authorized the following monthly distribution leases sale calculated! In excess of insured limits into senior secured loans and other credit investments 2021, our CRE loans be! Was 21.3 % cim real estate finance trust redemption form 3 ) Net proceeds to be taxed and currently qualifies a! As of February 15, 2023 is subject to impairment charges assets as well as Real Estate TrustCMFT... Our distributions to stockholders or meet our debt service obligations non-traded corporation that has elected be! Distributions to stockholders or meet our debt service obligations sale is calculated as of February,! Positively impact the lives of, or Cole credit States and overseas % other 5.8.. Credit facilities and notes Application for Transfer for Custodial Accounts the United States and overseas is!

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