CMCT News and Press, Creative Media & Community Trust Corporation From 02/03/23

Creative Media & Community Trust ( NASDAQ: CMCT ) said on Friday it's expanding its multifamily portfolio with the acquisition of 696 apartment units across three assets. The transactions fit with the company's strategy to focus on highly amenitized multifamily and creative office...

CMCT (NASDAQ:CMCT and TASE:CMCT-L) announced today that it is expanding its multifamily portfolio with the planned addition of 696 apartment units across three assets. The acquisitions advance CMCT’s strategy to focus the portfolio on highly amenitized premier multifamily and creative offi...

CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock. Series A Preferred Stock The Board of Directors has declared a quarterly cash dividend of $0.34375 per share...

CMCT (NASDAQ: CMCT and TASE: CMCT-L) Creative Media & Community Trust Corporation (“CMCT”) previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpai...

Summary U.S. equity markets declined for a third-straight week as benchmark interest rates surged after the advance of a $1.7 trillion federal spending package overshadowed another slate of encouraging inflation data. Declining for a third-straight week and finishing back on the cusp of...

Creative Media & Community Trust ( NASDAQ: CMCT ) is set to redeem in cash all outstanding shares of its 5.5% series L preferred stock. The redemption price equals to 100% of the series L stated value of $28.37 per share, plus any accrued and unpaid dividends through Dec. 31. ...

Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that, pursuant to the terms and conditions of its Series L Preferred Stock, it will redeem in cash all outstanding shares of its 5.5% Series L Preferred Stock at a redemption price equal to 100% of th...

CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. The new facility matures in December 2025 with two one-year extension options and replaces the company's prior credit facility that was set to mature in October 2023. ...

CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that its Board of Directors has declared a quarterly cash dividend of $0.085 per share of common stock. The dividend will be paid on January 9, 2023 to stockholders of record at the close of business on December 27, 2022. In addition, the B...

Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) announced today that John Hope Bryant has been appointed to its Board of Directors. Mr. Bryant is chairman and chief executive officer of Bryant Group Ventures and The Promise Homes Company (“TPH...