CIM Commercial Trust Corp (CMCT)

Overview

Creative Media & Community Trust Corporation is a Maryland-based REIT (Real Estate Investment Trust) that operates under the auspices of CIM Group, L.P., working as a subsidiary to leverage its considerable expertise in real estate. The core focus of the company is on the acquisition, development, ownership, and operation of premier multifamily properties and Class A and creative office real assets. These investments are strategically located in vibrant and emerging communities across the United States, targeting areas with strong business and employment characteristics similar to those of its multifamily ventures. In addition to its primary real estate operations, the company diversifies its portfolio by owning a hotel in northern California and running a lending platform that specializes in originating loans under the Small Business Administration (SBA) 7(a) loan program. This multifaceted approach allows Creative Media & Community Trust Corporation to tap into rapidly growing industries including technology, media, and entertainment, thereby fostering growth and dynamism in its chosen communities.

Products and Services

• Premier Multifamily Properties

These properties are central to the company's portfolio, targeted at vibrant communities across the United States. Creative Media & Community Trust Corporation's expertise is brought to bear on acquiring, developing, owning, and operating these properties, aiming to provide high-quality living spaces that meet the dynamic needs of their residents.

• Class A and Creative Office Real Assets

The company also invests in Class A and creative office spaces, primarily focusing on markets with business and employment characteristics similar to its multifamily investments. These office spaces are designed to cater to the needs of businesses in rapidly growing industries, such as technology, media, and entertainment.

• Hotel Ownership

Expanding the scope of its real estate portfolio, Creative Media & Community Trust Corporation owns a hotel located in northern California. This venture allows the company to tap into the hospitality market, further diversifying its investment portfolio.

• Lending Platform

The company operates a lending platform that originates loans under the Small Business Administration (SBA) 7(a) loan program. This service underscores the company's commitment to supporting small businesses, providing them with necessary financial resources to grow and thrive within their communities.