{"schema_version":"secwatch.filing_event.v1","accession":"0000908311-23-000011","form_type":"8-K","ticker":"CMCT","cik":"0000908311","company_name":"Creative Media & Community Trust Corp","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.499122+00:00","generated_at":"2026-06-17T11:39:07.053431+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CMCT completes $142.7M acquisition of 98.05% interest in 288-unit Oakland apartment building","bullets":["Purchase price of $142.7M includes assumption of ~$78.3M mortgage on Eleven Fifty Clay property.","Acquisition funded from cash on hand, Series A1 Preferred Stock proceeds, and credit facility draw.","Property is a 16-story, 288-unit apartment building in downtown Oakland, California.","Seller is indirectly wholly-owned by a fund managed by an affiliate of CIM Group, manager of CMCT."],"urls":{"canonical":"https://secwatch.observer/filing/0000908311-23-000011","json":"https://secwatch.observer/filing/0000908311-23-000011.json","markdown":"https://secwatch.observer/filing/0000908311-23-000011.md","text":"https://secwatch.observer/filing/0000908311-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000011/0000908311-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000011/cmct-20230328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T11:39:07.053431+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":"a48c0cfca7a510b34be3a939ef7b635b08e1e7fc","claim":"Creative Media & Community Trust Corp completed an acquisition involving 1100 Clay Venture Holdings, LLC for $142.7 million (closed 2023-03-28).","evidence_excerpt":"On March 28, 2023, an indirect wholly-owned subsidiary of Creative Media & Community Trust Corporation (“CMCT”) completed the previously announced acquisition of a 98.05% interest in Eleven Fifty Clay, a 16-story apartment building with 288 units in downtown Oakland, California, from 1100 Clay Venture Holdings, LLC (the “Clay Seller”) for $142.7 million (including an assumption of a mortgage of approximately $78.3 million).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000011/0000908311-23-000011-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"1100 Clay Venture Holdings, LLC"},{"label":"Consideration","value":"$142.7 million"},{"label":"Closing","value":"2023-03-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}