Creative Media & Community Trust Corporation CMCT
Creative Media & Community Trust Corporation (CMCT) functions as a real estate investment trust (REIT). Its core strategy involves investing in, owning, and managing high-quality, modern office buildings—including Class A and creative spaces—located in flourishing urban centers throughout the United States. The company also undertakes the improvement and development of these assets. A substantial portion of its property holdings is concentrated in the major Californian markets of Los Angeles and the San Francisco Bay Area. CMCT's operations are guided by affiliates of CIM Group, L.P., a well-established, integrated real asset owner and operator known for its broad expertise spanning in-house research, property acquisition, credit evaluation, development, financing, tenant leasing, and hands-on property management.
Snapshot
Reported FFO / Core FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-08) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $116.67M | $-39.00M | $27.08M | $28.19M | $5.79M |
| 2024 | $124.51M | $-25.18M | $27.73M | $39.65M | $17.03M |
| 2023 | $119.26M | $-48.48M | $52.67M | $37.54M | $12.00M |
| 2022 | $101.91M | $5.92M | $20.50M | $37.18M | $32.41M |
| 2021 | $90.93M | $-850.00K | $20.19M | $31.74M | $46.28M |
| 2020 | $77.21M | $-15.02M | $20.04M | $16.00M | $12.83M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2024-09-25 | 2024-09-25 | 2024-10-08 | — | $0.00 | Irregular |
| 2024-07-08 | 2024-07-08 | 2024-07-22 | 2024-06-25 | $0.09 | Quarterly |
| 2024-04-05 | 2024-04-08 | 2024-04-22 | 2024-03-27 | $0.09 | Quarterly |
| 2023-12-29 | 2024-01-02 | 2024-01-16 | 2023-12-20 | $0.09 | Irregular |
| 2023-10-05 | 2023-10-09 | 2023-10-23 | 2023-09-27 | $0.09 | Quarterly |
| 2023-07-07 | 2023-07-10 | 2023-07-24 | 2023-06-27 | $0.09 | Quarterly |
| 2023-03-29 | 2023-03-30 | 2023-04-11 | 2023-03-20 | $0.09 | Irregular |
| 2022-12-23 | 2022-12-27 | 2023-01-09 | 2022-12-15 | $0.09 | Quarterly |
| 2022-09-30 | 2022-10-03 | 2022-10-17 | 2022-09-22 | $0.09 | Quarterly |
| 2022-06-16 | 2022-06-20 | 2022-07-05 | 2022-06-10 | $0.09 | Quarterly |
| 2022-03-17 | 2022-03-19 | 2022-04-01 | 2022-03-08 | $0.09 | Quarterly |
| 2021-12-17 | 2021-12-20 | 2022-01-05 | 2021-12-09 | $0.07 | Quarterly |
| 2021-09-16 | 2021-09-17 | 2021-09-29 | 2021-09-07 | $0.07 | Quarterly |
| 2021-06-16 | 2021-06-17 | 2021-06-30 | 2021-06-07 | $0.07 | Quarterly |
| 2021-03-12 | 2021-03-15 | 2021-03-30 | 2021-03-05 | $0.07 | Quarterly |
| 2020-12-11 | 2020-12-14 | 2020-12-29 | 2020-12-02 | $0.07 | Quarterly |
| 2020-09-11 | 2020-09-14 | 2020-09-29 | 2020-09-02 | $0.07 | Quarterly |
| 2020-06-12 | 2020-06-15 | 2020-06-29 | 2020-06-03 | $0.07 | Quarterly |
| 2020-03-12 | 2020-03-13 | 2020-03-25 | 2020-03-02 | $0.07 | Quarterly |
| 2019-12-12 | 2019-12-13 | 2019-12-27 | 2019-12-03 | $0.07 | Quarterly |
| 2019-09-05 | 2019-09-06 | 2019-09-18 | 2019-08-08 | $0.07 | Special |
| 2019-06-13 | 2019-06-14 | 2019-06-27 | 2019-06-04 | $0.12 | Quarterly |
| 2019-03-05 | 2019-03-06 | 2019-03-25 | 2019-02-20 | $0.12 | Quarterly |
| 2018-12-13 | 2018-12-14 | 2018-12-27 | 2018-12-04 | $0.12 | Quarterly |
Coverage (payout of operating cash flow): 5.40%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.