0 : e.thumbh; Big names such as Blackstone and Starwood are attracting more capital, and JP Morgan recently completed a filing for its plan to launch a $5 billion nontraded REIT. 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. 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. President at Queens' College, Cambridge 5 The Company merged with Cole Office & Industrial REIT, Inc. and Cole Credit Property Trust V, Inc. in December 2020. 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. 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. display: none; MacKenzie Capital could not be reached for comment. 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. 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. . 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. 0 : parseInt(e.tabh); 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. display: block; 2022 Review of AAII Stock Screens: Outperforming During a Bear Market Year, Cash from Operations Ann'l Positive Last 5 yrs. QuickLiquidity also aims to provide an alternative source of liquidity to private real estate investors in vehicles such as LLCs, LPs and DSTs. Summit 2023; Alts Week 2022 Presentations & Panel Discussions; BV Webinars; BV Past Webinars; Industry Events; Podcasts; Resources. } 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. However, there is a bigger ecosystem that is being built to facilitate liquidity in a very illiquid marketplace, he adds. Announces Completion of Merger with CIM Income NAV, Inc. Serabi Gold plc ("Serabi" or the "Company") Serabi exceeds production guidance for 2022. .et_pb_text_inner h1:before{ Companies similar to Cim Real Estate Finance Trust Inc in the REITs - Commercial industry. We list all the recent dividend announcements and dividend yields from PNK: CMRF where possible. 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. 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. */ } You can use the information about how Cim Real Estate Finance Trust Inc stock is graded to determine if you should invest in this specific company. The frequency, price, and limitations vary by investment program. .ewd-ufaq-faqs{ if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } 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. The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. The pro forma combined . .site-header { I think almost everybody in the industry would agree that there is a need for liquidity options for investors. 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. The merger transactions could also better position it for a future liquidity event, including a public listing. For a free consultation with a securities attorney, please call the offices at 888-637-5510. According to Robert A. Stanger & Co., the real estate alts sector has raised $69.3 billion yeartodate through Julya 95% increase over the same period of 2021. e.thumbh = e.thumbh===undefined ? 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. I have previously needed to prioritise taking senior short term roles as they arose, in order to afford me financial stability. /*font-weight: bold;*/ RBC Capital Markets, LLC is acting as financial advisor to the Special Committee of the Board of Directors of CMFT, and Sullivan & Cromwell LLP and Venable LLP are acting as legal advisors to the Special Committee of the Board of Directors of CMFT. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point. Giarrusso Law Group LLC may partner with law firms located in other jurisdictions, as needed, on a case-by-case basis, on behalf of clients located in but not limited to: New York City-Long Island-Jersey City-Newark, Atlanta-Sandy Springs-Alpharetta, Austin-Round Rock-Georgetown, Baltimore-Columbia-Towson, Boston-Cambridge-Newton, Charlotte-Concord-Gastonia, Chicago-Naperville-Elgin, Cincinnati, Dallas-Fort Worth-Arlington, Denver-Aurora-Lakewood, Detroit-Warren-Dearborn, Houston-The Woodlands-Sugar Land, Las Vegas-Henderson-Paradise, Los Angeles-Long Beach-Anaheim, Miami-Fort Lauderdale-West Palm Beach, Minneapolis-St. Paul-Bloomington, Orlando-Kissimmee-Sanford, Philadelphia-Camden-Wilmington, Phoenix-Mesa-Chandler, Pittsburgh, Portland-Vancouver-Hillsboro, Riverside-San Bernardino-Ontario, Sacramento-Roseville-Folsom, San Antonio-New Braunfels, San Diego-Chula Vista-Carlsbad, San Francisco-Oakland-Berkeley, Seattle-Tacoma-Bellevue, St. Louis, Tampa-St. Petersburg-Clearwater, and Washington DC-Arlington-Alexandria. border-top: 2px solid #163a64; CMFT is managed by affiliates of CIM. Contacting us does not guarantee that the firm will undertake representation of you. 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 : parseInt(e.thumbhide); Go Back. This allows investors to access liquidity without selling at a discount, notes Miller. PHOENIX, December 30, 2022--CIM Real Estate Finance Trust, Inc. agrees to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 M #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; 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 3.05c to 3.39c . } The information contained on this website is provided solely for informational purposes and is considered attorney advertising. Learn more about whether Cim Real Estate Finance Trust Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. We believe combining INAV and CMFT will benefit stockholders of both companies by creating a larger, more diversified and valuable company, positioning the company for a public market listing, said Richard Ressler, Principal and Co-Founder of CIM Group. } These offer intuitive AF grades for each of five key investing factors: value, growth, momentum, earnings revisions and quality. window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; Here, well take a closer look at Cim Real Estate Finance Trust Incs stock grades for value, growth and quality. Contacting us, by itself, does not create an attorney-client relationship. 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. 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. Comrits recent tender offer follows a previous offer made to CIM investors which closed in April 2021, at an offer price of $4.50 per share. html:not( .jetpack-lazy-images-js-enabled ):not( .js ) .jetpack-lazy-image { Read on to find out how (CMRF) grades on certain investment factors and determine whether it meets your investment needs. The DI Wire is the definitive news source for the illiquid alternative investment industry. 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. When the firm was first founded in 2015, its model focused on buying out minority investors at a discount. 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. 0 : e.rl[i]; } Banking products and services are offered by referral arrangements . Digital Media Kit; . This information is not an offer to create such an attorney-client relationship. var advadsCfpAd = function( adID ){ Actual results may vary materially from those expressed or implied by the forward-looking statements, which are subject to a number of risks and uncertainties, many of which are out of the control of such companies, including, but not limited to, those associated with the risk that the proposed merger will not be consummated within the expected time period or at all; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; the failure to satisfy the conditions to the consummation of the proposed merger, including the approval of the stockholders of INAV; the ability of CC CMFT to achieve the expected cost synergies or to engage in any liquidity event or public offering; the disruption of managements attention from ongoing business operations due to the proposed merger; the availability of suitable investment or disposition opportunities; the impact of the COVID-19 pandemic on the operations and financial condition of each of CMFT and INAV and the real estate industries in which they operate, including with respect to occupancy rates, rent deferrals and the financial condition of their respective tenants; general financial and economic conditions, which may be affected by government responses to the COVID-19 pandemic; legislative and regulatory changes; and other factors, including those set forth in the section entitled Risk Factors in CMFTs and INAVs most recent Annual Reports on Form 10-K, as amended, and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (SEC), and other reports filed by CMFT and INAV with the SEC, copies of which are available on the SECs website,www.sec.gov. border-top: 3px solid #f98e11; } window.dataLayer = window.dataLayer || []; Some of the crowdfunding sites, such as Cadre, also have a secondary market for investors. Announces Completion of Mergers with Two Net Lease REITs Managed by CIM Group, ESG (Environmental, Social and Governance). One example of a secondary marketplace that has been around for several years is Central Trade & Transfer. } and. PHOENIX, December 30, 2022--CIM Real Estate Finance Trust, Inc. agrees to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 M The Company expects to provide an updated 5-year outlook in Q1 2023 upon completion of ongoing Project Honeypot . 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. } 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.

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