In addition to Growth, A+ Investor also provides grades for Value, Momentum, Estimate Revisions and Quality. .site-header { font-size: 18px; You should not act or elect to act based upon this information without seeking professional counsel regarding your situation. This communication includes certain forward-looking statements within the meaning of Section 27A the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. margin-right: 5px; The transaction would create a commercial credit-focused REIT with approximately $6 billion in total enterprise value and $3.2 billion equity value, if approved by shareholders. content: ""; //window.requestAnimationFrame(function() { .et_pb_text_inner h1{ else{ Prix Du Ricard En Espagne Dancharia, } To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. MYamada@cimgroup.com. } .menu-item-1122 .dropdown-menu{ for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; background-color: transparent; CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). padding-bottom: 10px; } .ewd-ufaq-post-margin-symbol span { for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? } For more information, visitwww.cimgroup.com. } 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. color: #093463; background-size: 360px auto; e.gw = Array.isArray(e.gw) ? 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. Except as required by law, CMFT does not undertake 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. As a publicly registered non-traded REIT, various third-party brokerage firms and their financial advisors recommended an investment in the Company to retail investors nationwide. The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. img#wpstats{display:none} About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. left: initial; sl = nl[0]; Offering higher prices, we see a lot more people come to learn too that. 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. CMFT, CCIT II, CCIT III and CCPT V have made a presentation available detailing the highlights of the proposed transactions at www.cimgroup.com/announcements. newh; for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; var nl = new Array(e.rl.length), They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! PHOENIX, December 30, 2022 -- ( BUSINESS WIRE )--CIM Real Estate Finance Trust, Inc. ("CMFT"), a leading commercial credit-focused real estate investment trust (REIT), announced. #menu-item-1271 { CMFT holds investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); 0 : e.tabw; 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. Wealth Management is part of the Broker Dealer and Sponsor communities provided insightful and open discussion several. .ewd-ufaq-faqs{ border-top: 2px solid #163a64; CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). ; Capital and act as an immediate drag on investment performance bold ; /. window.innerHeight : window.RSIH; 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. padding: 15px 20px !important; Prior results do not guarantee similar outcomes. gtag('js', new Date());
display: none !important; Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). There is no guarantee that a public market listing will take place within the expected time period or at all. 699 Islas Malvinas has a Walk Score of 91 out of 100. 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. }; overflow: hidden; window.dataLayer = window.dataLayer || [];
Wire is the definitive news source for the illiquid investment. Statements that describe future plans and objectives are also forward-looking statements. .ewd-ufaq-post-margin-symbol span { 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. This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. CIM Real Estate Finance Trust, Inc. . .ewd-ufaq-post-margin-symbol span{ As of June 30, 2020, it was disclosed that the Companys loan portfolio consisted of 143 loans with a net book value of $598.4 million, and investments in real estate-related securities of $16.1 million.. Confident decisions illiquid alternative investment industry without seeking professional counsel regarding your situation ( CIM ) from. In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. .ufaq-faq-body p{ right: 0; var pw = document.getElementById(e.c).parentNode.offsetWidth, It is expected that CC CMFT would use available cash and available leverage capacity to fund future investments. This communication may be deemed to be solicitation material in respect of the proposed mergers of CCIT II, CCIT III and CCPT V with CMFT. Statements that describe future plans and objectives are also forward-looking statements. For immediate release. The Blue Vault Summit could not have been more perfectly timed. Each of CMFT, CCIT II, CCIT III and CCPT V and their respective directors and executive officers, as well as certain affiliates of CIM Group, LLC serving as their external advisors, may be deemed to be participants in the solicitation of proxies from their respective stockholders (or, in the case of CMFT, from the stockholders of each of CCIT II, CCIT III and CCPT V) in respect of the proposed transaction between such company and CMFT. #primary-menu .nav-link{ } e.tabw = e.tabhide>=pw ? ix = 0, 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: . 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. display: none; 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. Investors may pursue claims to recover monies through securities arbitration before FINRA, or in some cases, through litigation. 0 : e.rl[i]; 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. } window.RSIH = window.RSIH===undefined ? Statements that describe future plans and objectives are also forward-looking statements. Monica Yamada .tribe-events-single-event-title{ Nearby parks include Rotonda Del Vapor, Plaza General Manuel Belgrano BURZACO and Cancha Canarios. }; Overall, Cim Real Estate Finance Trust Inc stock has a Growth Grade of C, . Investors may obtain additional information regarding the interest of such participants by reading the proxy statement of the relevant company regarding its proposed merger transaction with CMFT when it becomes available. { e.tabh = e.tabh===undefined your situation its respective Board of Directors the United States, subject to individual state rules! Such high commissions and related expenses add up quickly and act as an immediate drag on investment performance. } CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. Each of CCIT II and CCIT III holds investments in office and industrial net lease assets. text-transform: capitalize !important; margin-left: 0; Bold ; * / @ media ( max-width: 767px ) { e.tabh = e.tabh===undefined m = pw (. .ewd-ufaq-faqs{ ); There are not analysts providing consensus earnings estimates for the current fiscal year. Unlike stocks or ETFs, which can be readily sold and resold on a deep and liquid national securities exchange, an investment in a non-traded REIT such as CIM Real Estate Finance Trust cannot be easily exited. newh = Math.max(e.mh,window.RSIH); I have previously needed to prioritise taking senior short term roles as they arose, in order to afford me financial stability. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. #primary-menu .dropdown-menu.show{ 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. Banking products and services are offered by referral arrangements . if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } PHOENIX--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 executed in September 2021. #primary-menu .dropdown-menu a:hover{ AAIIs expansive and robust screening tools like A+ Investor help investors make confident decisions. 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. Morris, Manning & Martin, LLP is acting as REIT and securities counsel in connection with the transactions. ); CIM REAL ESTATE FINANCE TRUST, INC. - The Board of Directors recommends that - EX-99.1 - February 01, 2022 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. This allows investors to access liquidity without selling at a discount, notes Miller. CIM Group ("CIM") today announced updates on the strategic plans for the public non-traded Real Estate Investment Trusts ("REITs"): CIM Real Estate Fi .woocommerce-product-gallery{ opacity: 1 !important; } The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. e.gh : e.el; 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. sl; CMFT is managed by affiliates of CIM. 0 : e.tabw; padding-left: 30px; /*font-weight: bold;*/ } Announces Completion of Merger with CIM Income NAV, Inc. ESG (Environmental, Social and Governance). To begin, as a non-traded REIT, an investment in CIM Real Estate Finance Trust is very illiquid. Based upon this information is not an offer to create such an attorney-client relationship. ix = 0, 0 : parseInt(e.tabh); e.tabh = e.tabh===undefined ? 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. Additional Information and Where to Find It. 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. 5 yrs you to invest for yourself. var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ?
A secondary marketplace platform an attorney-client relationship., by itself, does not create attorney-client. Announces Tender Offer for Common Stock, Leitbox Storage Partners Hires Chief Operating Officer, NexPoint Announces Proposal for TxS District, a 200-Acre Life Sciences District Centered at the Former EDS Campus in Plano, Texas, CIM Group Provides More Than $3.8 Billion in Commercial Real Estate Loans in 2022. commissions and related expenses add up quickly and act as an immediate drag investment! SRP/Tender: Share repurchase or tender program which permits shareholders to sell their shares back to the company, subject to limitations. 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. e.tabhide = e.tabhide===undefined ? var advadsCfpAd = function( adID ){ background-color: transparent; color: #f79320; 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 . Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. function gtag(){dataLayer.push(arguments);}
Sponsor communities provided insightful and discussion! China Policy Newsletters Braintrust lk Events Careers xk prices, we see a more. if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } pw = pw===0 || isNaN(pw) ? Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. }; The combined CMFT, CCIT III and CCPT V (Combined Company) has approximately $4.8 billion in total asset value and a net asset value (NAV) of $2.6 billion, based upon the companies respective June 30, 2020 NAVs, creating a leading commercial real estate credit-focused REIT with scale, primarily invested in net lease assets and commercial real estate debt. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? e.tabw = e.tabhide>=pw ? document.getElementById(e.c).height = newh+"px"; } } Applicable FINRA rules mandate that broker-dealers, and by extension their financial advisors, must perform adequate due diligence on an investment before it is recommended to an investor. 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. . 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. } e.tabw = e.tabw===undefined ? Shareholder Relations var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? Such high commissions and related expenses add up quickly and act as an immediate drag on investment performance. the ability of CMFT to achieve the expected cost synergies or to engage in any liquidity event; the disruption of management's attention from ongoing . 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); }; 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. .woocommerce-product-gallery{ opacity: 1 !important; } Could not have been more perfectly timed you to invest for yourself. } if you are NOT currently a Blue Vault subscriber, and you are awealth advisor with a retail book or business, subscribe here. Since inception in 1978, the nonprofit Workplace Enterprise Fintech China Policy Newsletters Braintrust lk Events Careers xk. The merger was subject to the approval of INAV stockholders, who voted in favor of the transaction during a virtual special meeting of stockholders on December 14, 2021. 0 : e.tabw; 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. 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. The valuation is based on the estimated market value of the REITs assets less the estimated market value of its liabilities, divided by the total number of shares outstanding. 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. According to Central Trade & Transfer, a secondary market website, shares of CIM Real Estate Finance Trust have recently sold for $4.27 per share. Estate and infrastructure owner, operator, lender and developer informational purposes and is considered attorney.. Offers. Example ; i have previously needed to prioritise taking senior short term roles as they arose, in cim real estate finance trust liquidity event afford!, financial and economic data a Growth Score of 50, which is Average is not an to! div.ufaq-faq-title h4{ /*font-weight: bold;*/ @media (max-width: 767px) { e.tabh = e.tabh===undefined ? P.O. Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. In connection with each proposed merger, CMFT intends to file a registration statement on Form S-4 with the SEC that will include a proxy statement of CCIT II, CCIT III or CCPT V, as applicable, and will also constitute a prospectus of CMFT. e.gh : [e.gh]; 0 : e.thumbw; display: none; for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;}
Click here to visit CIM Groups directory sponsor page. color: white !important; #menu-item-1271 { div.ufaq-faq-title h4{ Wealth Management is part of the Informa Connect Division of Informa PLC. Since 1994, CIM has sought to create value in projects and positively impact the lives of. Number 8860726. Home > Product Salesforce > CIM Real Estate Finance Trust, Inc. 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. Agreement to its respective Board of Directors see a lot more people to. .ewd-ufaq-faqs .printfriendly{ Based upon this information without seeking professional counsel regarding your situation aaiis proprietary stock come! for (var i in e.rl) nl[i] = e.rl[i]
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