{"schema_version":"secwatch.filing_event.v1","accession":"0000908311-23-000007","form_type":"8-K","ticker":"CMCT","cik":"0000908311","company_name":"Creative Media & Community Trust Corp","filed_at":"2023-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.498678+00:00","generated_at":"2026-06-20T01:34:58.812859+00:00","sec_items":["1.01","2.01","2.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CMCT completes $122.8M Oakland acquisitions; agrees to $142.7M Eleven Fifty Clay purchase","bullets":["Closed acquisition of 89.42% interest in Channel House (333 units), land parcels F-3 and Site D for $120.4M, $0.2M, and $2.2M.","Agreed to acquire 98.05% interest in Eleven Fifty Clay (288 units) for $142.7M including $77.5M mortgage assumption; $10M non-refundable deposit paid.","Eleven Fifty Clay expected to close no later than March 31, 2023; funded by cash, preferred stock proceeds, and credit facility draw.","Also announced intention to acquire 75-unit Parkview Apartments in Los Angeles; expected close mid-February 2023.","All sellers are affiliates of CIM Group, which manages CMCT; related-party transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0000908311-23-000007","json":"https://secwatch.observer/filing/0000908311-23-000007.json","markdown":"https://secwatch.observer/filing/0000908311-23-000007.md","text":"https://secwatch.observer/filing/0000908311-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000007/0000908311-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000007/cmct-20230131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:34:58.812859+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e29d45e4f7dfe826ee6e1a1279ed5d07055d996b","claim":"Creative Media & Community Trust Corp completed an acquisition involving Jack London Square Development (Oakland) Holdings, LLC, JLS F-3 (Oakland) Holdings, LLC, and 466 Water Street (Oakland) Holdings, LLC for $120.4 million, $0.2 million and $2.2 million, respectively (closed 2023-01-31).","evidence_excerpt":"On January 31, 2023, indirect wholly-owned subsidiaries of CMCT acquired an 89.42% interest in each of Channel House, an 8-story apartment building with 333 units in Jack London Square, Oakland, California, land parcel F-3 and land parcel Site D, in each case located in Oakland, California, from Jack London Square Development (Oakland) Holdings, LLC (the “Channel Seller”), JLS F-3 (Oakland) Holdings, LLC (the “F-3 Seller”) and 466 Water Street (Oakland) Holdings, LLC (the “Site D Seller”, and together with the Channel Seller and the F-3 Seller, the “Sellers”), respectively, for $120.4 million, $0.2 million and $2.2 million, respectively (including, in the case of Channel House, an assumption of a mortgage of $103.0 million).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000007/0000908311-23-000007-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Jack London Square Development (Oakland) Holdings, LLC, JLS F-3 (Oakland) Holdings, LLC, and 466 Water Street (Oakland) Holdings, LLC"},{"label":"Consideration","value":"$120.4 million, $0.2 million and $2.2 million, respectively"},{"label":"Closing","value":"2023-01-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}