---
schema_version: "secwatch.filing_event.v1"
accession: "0000908311-22-000087"
form_type: "8-K"
ticker: "CMCT"
cik: "0000908311"
company_name: "Creative Media & Community Trust Corp"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:30:01.879351+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CMCT reports Q2 net loss $0.10/share, FFO $0.11; CFO replaced

## Summary
- Net loss attributable to common stockholders $2.3M ($0.10/diluted); FFO $2.6M ($0.11) vs $859K ($0.06) in Q2 2021.
- Hotel occupancy improved to 77.5% (from 47.7% YoY), driving NOI to $3.2M vs -$2K.
- Lending NOI dropped to $1.7M from $5.0M; expects materially lower lending revenue in H2 2022.
- Barry Berlin promoted to CFO/Secretary, replacing Nathan DeBacker; effective Aug 10, 2022.
- Acquired LA development site for $5.7M; planning 114 residential units.

## SEC filing metadata
- accession: 0000908311-22-000087
- form_type: 8-K
- ticker: CMCT
- cik: 0000908311
- company_name: Creative Media & Community Trust Corp
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908311/000090831122000087/0000908311-22-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908311/000090831122000087/cmct-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908311-22-000087
- JSON: https://secwatch.observer/filing/0000908311-22-000087.json
- Plain text: https://secwatch.observer/filing/0000908311-22-000087.txt

## Key facts
- Executive change
  Nathan DeBacker departed as Chief Financial Officer and Secretary at Creative Media & Community Trust Corp.
  - Action: departed
  - Role: Chief Financial Officer and Secretary
  source text: Nathan DeBacker, the prior Chief Financial Officer and Secretary of the Company, will focus on other responsibilities within CIM Group, the manager of the Company (including continuing as the Chief Financial officer of CIM Real Estate Finance Trust, Inc., a public non-listed REIT operated by an affiliate of CIM Group).
  evidence_url: https://www.sec.gov/Archives/edgar/data/908311/000090831122000087/0000908311-22-000087-index.htm
- Executive change
  Barry Berlin changed role as Chief Financial Officer and Secretary at Creative Media & Community Trust Corp.
  - Action: assumed additional roles of
  - Role: Chief Financial Officer and Secretary
  source text: Effective August 10, 2022, Barry Berlin, 62, an Executive Vice President of the Company and the Chief Executive Officer and Chairman of the Board of the Company’s lending division, will assume the additional roles of Chief Financial Officer and Secretary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908311/000090831122000087/0000908311-22-000087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.