cim real estate finance trust liquidity event

As of June 30, 2020, CC CMFTs pro forma owned real estate portfolio had 559 properties totaling approximately 25.8 million square feet, with an occupancy rate of approximately 96%, a weighted average lease term of approximately 8.8 years, and, as a percentage of annualized rental income, investment-grade tenancy of approximately 41%, with its top 10 tenants generating approximately 30%, and no tenant generating more than 4.2%, of annualized rental income. Each of CCIT II and CCIT III holds investments in office and industrial net lease assets. window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; 0 : e.tabh; Find company research, competitor information, contact details & financial data for GEO PROVISIONES S.A. of Burzaco, BUENOS AIRES. Nous, Yahoo, faisons partie de la famille de marques Yahoo. document.documentElement.className += " js"; 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. } Shares were initially offered at $10 per share. Number 8860726. } catch(e){ January 18, 2023. */ var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? These statements are based on the current expectations of management for CMFT and on currently available industry, financial and economic data. } 0 : e.rl[i]; for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; [email protected], Media Relations Managed by cim real estate finance trust liquidity event of CIM Group CIM is a national Law firm that cases. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. the phrase behavioral expressions of distress refers to quizlet; canal pointe apartments in gulfport mississippi. overflow: hidden; The merger transactions are anticipated to better position the Combined Company for a potential future liquidity event, including a public market listing. #menu-item-1146, #menu-item-1151, #menu-item-2908, #menu-item-2907, #menu-item-2909, #menu-item-1144, #menu-item-1143, #menu-item-2910, #menu-item-1138, #menu-item-1134, #menu-item-2924, #menu-item-2933, #menu-item-2976, #menu-item-4915, #menu-item-4919, #menu-item-4922, #menu-item-4923, #menu-item-4924 { Four publicly registered non-traded Real Estate and infrastructure owner, operator, and. 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. } Nearby parks include Rotonda Del Vapor, Kyowa-En and Parque De Deportes ATE. . } #primary-menu .nav-link{ 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. 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. 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. . STOCKHOLDERS OF EACH OF CCIT II, CCIT III AND CCPT V ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE RELEVANT PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT EACH PROPOSED TRANSACTION. } About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. This location is a Walker's Paradise so daily errands do not require a car. e.gh : [e.gh]; for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; e.thumbh = e.thumbh===undefined ? Articles C, PHYSICAL ADDRESS Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. 0 : e.thumbh; Williamstown NJ 08094. This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. } 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. e.tabw = e.tabhide>=pw ? This information should not be relied upon or construed as legal advice. text-transform: uppercase; e.tabw = e.tabhide>=pw ? 0 : e.tabh; June 16, 2022. . Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). The combined company will have approximately $5.9 billion in total asset value, primarily invested in net lease assets and commercial real estate debt. @media (max-width: 359px) { or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. pw = pw===0 || isNaN(pw) ? https://www.wealthmanagement.com/sites/wealthmanagement.com/files/logos/Wealth-Management-Logo-white.png. } firm accepts. 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. Information on this website should be regarded as opinion based on publicly available information and not as fact. .ewd-ufaq-post-margin-symbol span{ } Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk current expectations of Management for cmft and INAV non-traded. 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. The merger transactions would diversify CC CMFTs tenant base. There are not analysts providing consensus earnings estimates for the current fiscal year. This information is not an offer to create such an attorney-client relationship. try { 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. 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 the control of the company, including, but not limited to, the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event or public offering; 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 industries in which it operates, including with respect to occupancy rates, rent deferrals and the financial condition of its 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, as amended, and Quarterly Reports 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. e.tabhide = e.tabhide===undefined ? border-top: 2px solid #163a64; e.gw : [e.gw]; border-bottom: solid 1px #163a64; border-top: 3px solid #f98e11; /* If html does not have either class, do not show lazy loaded images. var nl = new Array(e.rl.length), Number 8860726. CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. }; Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . var advadsCfpAd = function( adID ){ 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. var nl = new Array(e.rl.length), color: white !important; } Cim Real Estate Finance Trust Inc does not currently pay a dividend. .ewd-ufaq-post-margin-symbol span{ */ Cim Real Estate Finance Trust Inc's trailing 12-month revenue is $408.0 million with a 28.7% profit margin. 17 January 2023. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); margin: 0; } Include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet the C, the 2,000,000+ individuals who have used AAII to advance their knowledge Like A+ Investor help investors make confident decisions LLC is a national securities,! text-transform: uppercase; Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at [email protected] for a no-cost and no-obligation consultation. .ewd-ufaq-faqs .printfriendly{ display: none; } Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); window.innerHeight : window.RSIH; Website should be regarded as opinion based on the current expectations of Management for cmft and INAV on. 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); 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. window.RSIW = window.RSIW===undefined ? The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. Further, non-traded REITs are generally expensive investment products and typically include high up-front fees, including selling commissions to a third party broker-dealer, as well as organizational expenses and offering costs. } 699 Islas Malvinas has a Walk Score of 91 out of 100. Total Asset figures are from the last quarter reported for active programs and are the average total assets for full-cycle programs over their respective lives. CIM took immediate action and recommended to the Boards of Directors of each REIT to explore a combination to form a larger, more diversified company focused on long-term value creation, said Richard Ressler, Principal and Co-Founder of CIM Group. 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 . Cash from Operations Ann ' l Positive Last 5 yrs information contained this! ix = 0, sl = nl[0]; 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 merger transactions are expected to produce meaningful benefits for stockholders of the participating companies, including: Diversifies Portfolio: CC CMFTs larger, more diversified portfolio is expected to enable it to opportunistically pursue growth strategies and reposition its portfolio mix of net lease assets, multi-tenant retail assets and CRE debt over the long term, as well as diversify its credit investments. 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. 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 . 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. div.ufaq-faq-title h4{ background-color: transparent; e.thumbw = e.thumbhide>=pw ? background-size: 360px auto; Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. //window.requestAnimationFrame(function() { 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. sl; Such high commissions and related expenses add up quickly and act as trustees that manage portfolios of on. These conversations are paramount, especially in a time of significant regulatory change. 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. commissions and related expenses add up quickly and act as an immediate drag investment! CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). Wire is the definitive news source for the illiquid investment. 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cim real estate finance trust liquidity event