{"schema_version":"secwatch.filing_event.v1","accession":"0000908311-23-000009","form_type":"8-K","ticker":"CMCT","cik":"0000908311","company_name":"Creative Media & Community Trust Corp","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.498879+00:00","generated_at":"2026-06-19T01:12:21.336431+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CMCT closes co-investment sale of 80% interest in 4750 Wilshire for $34.4M","bullets":["Three international co-investors (Kanden Realty, Taisei USA, TO-4750 Wilshire) acquired 80% interest in 4750 Wilshire for ~$34.4M.","CMCT retains 20% interest and will manage property; ongoing management fees and potential incentive fees.","Proceeds will partly finance ~$31M conversion of two floors into for-lease multifamily units.","Pro forma shows cash increase of $34.4M and investment in unconsolidated entity of $8.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000908311-23-000009","json":"https://secwatch.observer/filing/0000908311-23-000009.json","markdown":"https://secwatch.observer/filing/0000908311-23-000009.md","text":"https://secwatch.observer/filing/0000908311-23-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000009/0000908311-23-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000009/cmct-20230217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T01:12:21.336431+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":"ed8f4c616c4ab7afd1ee2044ce179c46c430eb1f","claim":"Creative Media & Community Trust Corp completed a disposition involving Kanden Realty & Development America LLC, Taisei USA, LLC and TO-4750 Wilshire Co-Investor, LP for approximately $34.4 million (closed 2023-02-17).","evidence_excerpt":"On February 17, 2023, an indirect wholly owned subsidiary of Creative Media & Community Trust Corporation (“CMCT”) announced the closing of a co-investment transaction pursuant to which three international co-investors, Kanden Realty & Development America LLC, Taisei USA, LLC and TO-4750 Wilshire Co-Investor, LP, committed to acquire an 80% interest in a property owned by CMCT located at 4750 Wilshire Blvd in Los Angeles (“4750 Wilshire”) for an aggregate purchase price of approximately $34.4 million, excluding transaction costs.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000009/0000908311-23-000009-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Kanden Realty & Development America LLC, Taisei USA, LLC and TO-4750 Wilshire Co-Investor, LP"},{"label":"Consideration","value":"approximately $34.4 million"},{"label":"Closing","value":"2023-02-17"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}