Creative Media & Community Trust Corporation

Creative Media & Community Trust Corporation

CMCTP
Creative Media & Community Trust CorporationUS flagNASDAQ Global Market
29.05
USD
+0.04
- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
David A. Thompson CPA, CPA
Full Time Employees
5
Sector
Real Estate
Industry
REIT - Office
Address
17950 Preston Road Dallas TX United States of America 75252
IPO Date
Sep 18, 2018
Business
Creative Media & Community Trust Corporation (NASDAQ: CMCT) is a real estate investment trust that owns, operates, and develops premier multifamily residential properties and creative Class A office assets in vibrant and emerging U.S. communities, targeting industries such as technology, media, and entertainment; it also operates hotels and, through its wholly owned subsidiary PMC Commercial Trust, originates and services U.S. Small Business Administration 7(a) loans. The company offers senior secured loans to independent film, television, digital media, and entertainment productions; mezzanine loans to growing media companies and real estate projects; and direct equity investments in community-focused developments including affordable housing and mixed-use properties. Founded in 1979 and headquartered in Dallas, Texas, with operations managed by affiliates of CIM Group, L.P. across dynamic U.S. markets including Los Angeles, Austin, and the Bay Area, CMCT maintains a portfolio of 27 assets encompassing 12 office properties, four multifamily properties, nine development sites, and one 505-room hotel. Recent developments include the completion of the 36-unit 1915 Park Avenue apartment building in Los Angeles' Echo Park neighborhood in December 2025; entry into a definitive agreement in November 2025 to sell its lending division to PG FR Holding, LLC, an affiliate of Peachtree Group, for approximately $44 million subject to adjustments and U.S. Small Business Administration consent, yielding expected net cash proceeds of $31 million to support multifamily growth, balance sheet strengthening, and liquidity; significant 2025 office leasing momentum with 140,000 square feet executed across 31 tenants, a 55% year-over-year increase; four refinancings across seven assets and full repayment of its recourse credit facility since Q3 2024; and a CFO transition upon lending sale closing, with Barry Berlin succeeded by Brandon Hill.

Company News

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  • Creative Media & Community Trust Corporation (CMCT) Q3 2022 Earnings Call Transcript

  • Creative Media & Community Trust Corporation (CMCT) CEO David Thompson on Q2 2022 Results - Earnings Call Transcript

  • Creative Media & Community Trust Corporation (CMCT) CEO David Thompson on Q1 2022 Earnings Call Transcript

  • Office REITs: The New Normal

  • Here's Why My REITs Beat Your REITs