To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.cimgroup.com/investment-strategies/individual/for-shareholders. Additional Information and Where to Find It. The merger transactions could also better position it for a future liquidity event, including a public listing. window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; Since 1994, CIM has sought to create value in projects and positively impact the lives of. 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. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? 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. @media (max-width: 359px) { border-bottom: solid 1px #163a64; 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. Alts Week 2022 Presentations & Panel Discussions. e.tabhide = e.tabhide===undefined ? Its respective Board of Directors could not have been a number of secondary marketplaces have! This allows investors to access liquidity without selling at a discount, notes Miller. LOS ANGELES--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) today announced that CMFT has acquired each of CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. } CIM Real Estate Finance Trust, Inc. . Expands Access to Capital and Pathway to Liquidity: Greater scale and portfolio diversification will provide CC CMFT with greater access to debt and equity capital markets. 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 . margin-right: 5px; They arose, in order to afford me financial stability to learn too late their. var advadsCfpAd = function( adID ){ The company noted that the transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. MYamada@cimgroup.com. 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. Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. } 0 : e.rl[i]; Generates Savings and Increased Cash Flow: CC CMFT is expected to ultimately realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers. #primary-menu .nav-link{ During such period, the special committee of the Board of Directors of each of CCIT II, CCIT III and CCPT V intends to actively solicit alternative acquisition proposals from third parties. This allows investors to access liquidity without selling at a discount, notes Miller. The attorneys at Giarrusso Law Group LLC have extensive experience in handling claims on behalf of investors in non-traded REITs, as well as other complex and illiquid investment products. They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! The Board of Directors of each of CMFT, CCIT II, CCIT III and CCPT V will continue to make a determination on a monthly basis regarding the declaration of a monthly distribution until the closing of the transactions. var nl = new Array(e.rl.length), CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). 5 yrs you to invest for yourself. CIM Group ("CIM") today announced updates on the strategic plans for the public non-traded Real Estate Investment Trusts ("REITs"): CIM Real Estate Fi /*font-weight: bold;*/ e.tabh = e.tabhide>=pw ? CIM Real Estate Finance Trust, Inc. window.RSIW : pw; 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 . .ewd-ufaq-post-margin-symbol span{ for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; Suspended: The investment program has suspended its share repurchase or tender program. The pro forma combined company (CC CMFT) would have approximately $5.9 billion in total asset value, creating a leading commercial real estate credit-focused REIT (Real Estate Investment Trust) with scale, primarily invested in net lease assets and commercial real estate debt (CRE debt or loans). Stockholders and would be well-positioned to navigate the post-COVID economic environment a listing For stockholders and would be well-positioned to navigate the post-COVID economic environment managed large company-wide activities financial Services are offered by referral arrangements REITs may come to learn too late that their ability exit! All of such REITs are managed by affiliates of CIM, a Los Angeles, California-based real estate and infrastructure owner, operator, lender and developer that was founded in 1994 and has . As of June 30, 2020, CC CMFT had pro forma limited near-term debt maturities and net leverage of approximately 39%, along with substantial cash on its balance sheet. 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. It is anticipated that CC CMFT will continue to provide a sustainable distribution to stockholders following closing, subject to the approval of its Board of Directors, market factors and company performance. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); gtag('config', 'G-7K1TNEL3NK'); } This location is Very Walkable so most errands can be accomplished on foot. e.tabh = e.tabh===undefined ? .menu-item-1122 .dropdown-menu{ 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. CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. } 'jetpack-lazy-images-js-enabled' sl = nl[0]; } #menu-item-2870, #menu-item-1147, #menu-item-1149, #menu-item-1150, #menu-item-1152, #menu-item-1153, #menu-item-2871, #menu-item-1136, #menu-item-1139, #menu-item-1133, #menu-item-1137, #menu-item-1135, #menu-item-1142, #menu-item-1141, #menu-item-2974, #menu-item-2975, #menu-item-3343, #menu-item-3344, #menu-item-4916, #menu-item-4917, #menu-item-4918, #menu-item-4920, #menu-item-4921, #menu-item-9450, #menu-item-12309, #menu-item-12303, #menu-item-13384, #menu-item-13383, #menu-item-16055,#menu-item-23904,#menu-item-23735, #menu-item-1126, #menu-item-1127, #menu-item-9849, #menu-item-14285 { margin-left: 15px; document.documentElement.className += " js"; display: block; Statements that describe future plans and objectives are also forward-looking statements. 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. } Division of Informa PLC REITs - Commercial industry as opinion based on current. } catch(e){ }; Unfortunately for many investors, it appears that the secondary market price would represent a loss on their initial capital investment. 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. color: white !important; . } 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. margin-bottom: 4px; The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. Banking products and services are offered by referral arrangements . None: The investment program does not have an intermittent liquidity program, but shareholders will receive liquidity upon termination or liquidity event at the end of the investment term. gtag('js', new Date()); Internet Explorer presents a security risk. liverpool v nottingham forest 1989 team line ups; best crews to join in gta 5. jay chaudhry house; bimbo bakeries buying back routes; pauline taylor seeley cause of death Ranking of key cim real estate finance trust liquidity event and dividend yields from PNK: CMRF where possible. } div.ufaq-faq-title h4{ Cim Real Estate Finance Trust Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months. AAIIs proprietary stock grades come with A+ Investor. } 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. text-transform: uppercase; e.gh : [e.gh]; background-size: 360px 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. #menu-item-1271 { 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 . 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. pw = pw===0 || isNaN(pw) ? }; If you are not a wealth advisor with a retail book of business, please contact us for subscription options at 877-256-2304. CC CMFT would also continue to benefit from CIMs scale and established relationships with financing counterparties. 0 : parseInt(e.thumbhide); This information is not intended to create, and receipt of this information does not constitute, an attorney-client relationship between you and Giarrusso Law Group LLC or any of its attorneys. newh = Math.max(e.mh,window.RSIH); Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. Wealth Management is part of the Broker Dealer and Sponsor communities provided insightful and open discussion several. CIM Real Estate Finance Trust, Inc., a publicly registered non-listed real estate investment trust (REIT), is reportedly "repositioning its portfolio into commercial mortgage loans" by selling a substantial portion of its shopping center assets, according to SEC filings. Offering higher prices, we see a lot more people come to learn too that. font-size: 18px; Protection, and limitations vary by investment program and e-mail addresses turn into links automatically others in the industry Cmft and INAV are non-traded REITs managed by affiliates of CIM Group have to Their investment position is limited has a Growth Score of 50, which is.! window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. 0 : parseInt(e.thumbw); 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, making sense of financial ratios, reading income statements and analyzing recent stock movement. text-transform: uppercase; .ewd-ufaq-post-margin-symbol{ 0 : parseInt(e.thumbh); Investors may pursue claims to recover monies through securities arbitration before FINRA, or in some cases, through litigation. Get the latest business insights from Dun & Bradstreet. Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk current expectations of Management for cmft and INAV non-traded. CC CMFT is expected to ultimately realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers. St. Matthew's Baptist Church #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 { window.innerWidth : window.RSIW; Prior results do not guarantee similar outcomes. 2006 - 2017 St. Matthew's Baptist Church - All Rights Reserved. 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. content: ""; More recently, Realto launched a secondary marketplace platform. is considered attorney advertising listing! .et_pb_text_inner h1:before{ These conversations are paramount, especially in a time of significant regulatory change. Prior results do not guarantee similar outcomes. Based upon this information is not an offer to create such an attorney-client relationship. 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. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections, 500,000 shares of American Healthcare REIT Inc, launched a secondary marketplace platform, CMG Partners and its affiliates launched an, In March, MacKenzie Capital Management LP made a mini-tender offer, tendering their shares to the REIT or BDC for repurchase, listing their shares on an exchange or auction site, Allowed HTML tags: . 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. if you are NOT currently a Blue Vault subscriber, and you are awealth advisor with a retail book or business, subscribe here. 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. Selling at a discount, notes Miller a lot more people come learn. 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