Whether or not you should buy Cim Real Estate Finance Trust Inc stock will ultimately depend on your individual goals, risk tolerance and allocation. Diversification:CC CMFT's combined 590 property, 23.8-million-square-foot real estate portfolio will have greater tenant, industry and asset type diversity, providing CC CMFT with greater flexibility to opportunistically pursue growth strategies and recycle non-core assets. Prior results do not guarantee similar outcomes. The pro forma combined company (CC CMFT) would have approximately $6.0 billion in total enterprise value, creating a leading commercial credit-focused real estate investment trust (REIT) with greater tenant, industry, and asset type diversity, financial strength, and improved access to capital markets. However, there is a bigger ecosystem that is being built to facilitate liquidity in a very illiquid marketplace, he adds. Although the firm will present buyout offers for investors who reach out wanting liquidity, the majority of its business focuses on providing loans with the partnership shares as collateral. .ewd-ufaq-faqs{ Company profile page for CIM Real Estate Finance Trust Inc including stock price, company news, press releases, executives, board members, and contact information Uninitiated investors in non-traded REITs may come to learn too late that their ability to exit their investment position is limited. .menu-item-1122 .dropdown-menu{ Event Calendar SGU's Profile Stock Price SGU's Financials Business Description Fundamentals Charts & Quotes SGU's News Suppliers SGU's Competitors In order to compute the Growth Score and assign it a letter grade, the percentile ranks for each of the three individual components‐consistency of annual sales growth, five‐year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. . CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. software and grassroots meetings. Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . 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. Following the onset of the COVID-19 pandemic and the related economic impact of shutdowns, each of CMFT, CCIT II, CCIT III, and CCPT V undertook comprehensive reviews of their businesses and prospects and concluded that greater scale, tenant diversity, asset type diversity, financial strength and fund raising flexibility would best position each of them to thrive in a post-pandemic economic environment, said Richard Ressler, principal and co-founder of CIM Group. Traditionally, shareholders seeking liquidityhave been limited to options that include: However, groups such as Cox Capital and QuickLiquidity are working to educate stakeholders about alternatives for liquidity. The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. The information contained on this website is provided solely for informational purposes and is considered attorney advertising. 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. background-color: transparent; CMFT is managed by affiliates of CIM. Most people have been aware of this liquidity gap in real estate alts for a long time, and we view these third-party tender offer firms as step one in taking advantage of that illiquidity, says Sean Stephan, a partner at Cox Capital Partners. Cole Credit Property Trust V has investments in retail net lease and multi-tenant retail assets. var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? .dropdown-toggle::after{ color: #f98e11; border-bottom: solid 1px #163a64; or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. .ewd-ufaq-post-margin-symbol{ AAIIs A+ Investor Quality Grade comes from the ranking of key metrics. 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 merger transactions could also better position it for a future liquidity event, including a public listing. Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost and no-obligation consultation. I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . gtag('config', 'G-7K1TNEL3NK'); STOCKHOLDERS OF INAV ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE RELEVANT PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. More recently, Realto launched a secondary marketplace platform. e.thumbhide = e.thumbhide===undefined ? background: url(https://bluevaultpartners.com/wp-content/themes/bvp/images/headers/circle.png) no-repeat scroll top; 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. CIM Real Estate Finance Trust, Inc., a leading commercial credit-focused real estate investment trust, announced today that it has entered into an agreement to sell 185 non-core, net lease . President at Queens' College, Cambridge 5d Report this post Oftentimes, they are thrilled to take any available offer because there are no other options to access quick liquidity, even if they feel that the offer doesnt represent a fair price, notes Cox. Cadre Horizon Fund, Inc. (the "Initial Fund") is a newly organized Maryland corporation that will operate as a registered non-diversified, closed-end management investment company that provides periodic liquidity with respect to its shares ("Shares") pursuant to Rule 13e-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). I have previously needed to prioritise taking senior short term roles as they arose, in order to afford me financial stability. window.RSIW = window.RSIW===undefined ? CMFT is managed by affiliates of CIM. . window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; e.gw : [e.gw]; Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. Get your free copy of our special As a publicly registered non-traded REIT, various third-party brokerage firms and their financial advisors recommended an investment in CIM to retail investors nationwide. Shares were initially offered at $10 per share. Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. By Zach Banning INAV holds investments in office, industrial and retail assets. PERE Global Passport membership allows decision-makers to . Registered in England and Wales. The merger agreement was negotiated on behalf of CMFT and INAV by their special committees composed exclusively of disinterested independent directors. Further, by joining A+ Investor you can see whether Cim Real Estate Finance Trust Incs stock passes any of our 60+ stock screens that have outperformed the market since their creation. These 4 key factors, when combined with the above, provide a holistic view into a stock. One example of a secondary marketplace that has been around for several years is Central Trade & Transfer. } catch(e){ 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 conversations are paramount, especially in a time of significant regulatory change. Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. While in some cases non-traded REIT investors can redeem their shares directly with the investment sponsor, such redemption opportunities may be limited to a percentage of shares held, and in some instances, such redemption programs can be altogether suspended by the sponsor. } For more information, visitwww.cimgroup.com. border-top: 3px solid #f98e11; 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. sl; This increase, of 11% quarter over quarter, will be reflected in shareholders' monthly dividend . Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to report operational results for the final quarter of 2022 and provide a review of its development and exploration activities. 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. Additional Information and Where to Find It. Dividends made by Cim Real Estate Finance Trust from their annual profits to their shareholders are shown here - normally on an interim and annual basis. . So, if youre still on the fence about whether Cim Real Estate Finance Trust Inc stock is a buy, sell or hold, you can utilize our expansive and robust screening tools like A+ Investor to help make your decision. As of June 30, 2020, the proposed combined companys asset mix was approximately 38 percent retail net lease, 28 percent multi-tenant retail, 20 percent office net lease, 11 percent loans, and 3 percent industrial net lease. A number of opportunistic investment groups have been trying to capitalize on the illiquidity within the real estate alts sector with unsolicited mini-tender offers (less than 5%of company shares) to buy shares, often at bargain basement prices. In some instances, investors seeking liquidity may be able to redeem their shares directly with the investment sponsor, or perhaps sell shares on a fragmented and inefficient secondary market. Join the 2,000,000+ individuals who have used AAII to advance their investing knowledge. window.innerWidth : window.RSIW; The team at Seneca Investment Managers aims to generate average total returns of at least CPI +6% pa over the course of a typical investment cycle. Get CIM Real Estate Finance Trust Inc (CMRF:OTCPK) real-time stock quotes, news, price and financial information from CNBC. e.mh = e.mh===undefined || e.mh=="" || e.mh==="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. 0 : e.tabw; Visited more than 50,000 times per month by wealth advisors and industry leaders, www.TheDIWire.com is an invaluable resource for anyone interested in the illiquid alternative investment industry. Lastly, its important to evaluate a stock by comparing it against others in the same industry. MONTRE background-size: 360px auto; 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. LOS ANGELES--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has entered into a definitive merger agreement to acquire CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction. It is anticipated that five to seven directors will be recommended for election. newh; most likely to outperform the Lines and paragraphs break automatically. LOS ANGELES--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has entered into a definitive merger agreement to acquire CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction. 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. Just the opposite: The sector is seeing significant fundraising growth, adds Stephan. window.RSIW : pw; This allows investors to access liquidity without selling at a discount, notes Miller. .woocommerce-product-gallery{ opacity: 1 !important; } CMFT is a non-traded real estate investment trust managed by affiliates of CIM Group, LLC . 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. Here, the latest contender, has wisely branched off from the main conflict to pursue a lucrative niche: vacation homes. function setREVStartSize(e){ For a free consultation with a securities attorney, please call the offices at 888-637-5510. Cim Real Estate Finance Trust 's Dividends. margin-right: 5px; The frequency, price, and limitations vary by investment . padding-bottom: 10px; 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 INAV. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCITIII and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December17, 2020. 'jetpack-lazy-images-js-enabled' CIM Real Estate Finance Trust is expected to realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers, the company said. Unfortunately, redeeming shares with the sponsor often presents logistical hurdles, including only being able to redeem a set percentage of shares at predetermined intervals (for example, quarterly), thus impacting liquidity. Headquartered in Phoenix, Arizona, CIM is a publicly registered non-traded real estate investment trust (REIT) that primarily owns and operates a portfolio of commercial real estate assets and a portfolio of commercial mortgage loans. e.tabw = e.tabw===undefined ? @media (max-width: 767px) { Go Back. 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. Company Name, Ticker, Suppliers, else.. . Examples of mini-tender offers over the past year include: Such offers are a bit of a thorn in the side of sponsors, and they are also on the receiving end of backlash from other industry participants that are hoping to provide a more legitimate secondary market option for investors who need liquidity. The only media site dedicated exclusively to the coverage of non-traded REITs, business development companies, interval funds, closed-end funds, DSTs and the full range of private placement offerings, The DI Wire has grown to become the most trusted news source for the community of sponsors, broker-dealers and wealth advisors who provide these investment offerings to millions of American retail investors. .ufaq-faq-body { the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event or .

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