secwatch.observer — SEC 8-K summary
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Issuer:     Creative Media & Community Trust Corp (CMCT)
CIK:        0000908311
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0000908311-23-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMCT Q4 2022 net loss $8.9M ($0.39/share); Core FFO $0.11; office leased 84.8%
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- Net loss attributable to common stockholders of $8.9M ($0.39 per diluted share) vs $4.3M loss in Q4 2021.
- Core FFO attributable to common stockholders was $4.4M ($0.11 per diluted share), up from $0.03 in prior year.
- Same-store office portfolio 84.8% leased (up 490 bps YoY); executed 37,566 sq ft of leases.
- Hotel segment NOI increased to $3.1M from $1.8M; RevPAR up to $127.84 from $107.55.
- Redeemed all Series L Preferred Stock for $83.8M on Jan 25, 2023; issued Series A1 Preferred for $69.3M net proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908311/000090831123000018/0000908311-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908311/000090831123000018/cmct-20230330.htm
  HTML page:      https://secwatch.observer/filing/0000908311-23-000018

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