secwatch.observer — SEC 8-K summary
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Issuer:     Creative Media & Community Trust Corp (CMCT)
CIK:        0000908311
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0000908311-25-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMCT reports Q1 net loss of $11.9M, FFO loss $5.4M; repays credit facility with $35.5M mortgage
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- Net loss attributable to common stockholders of $(11.9)M ($(20.73)/diluted share) vs $(12.3)M in Q1 2024.
- FFO attributable to common stockholders $(5.4)M ($(9.42)/share); Core FFO $(5.1)M ($(8.85)/share).
- Same-store office portfolio 71.4% leased; executed 30,333 sq ft of leases in Q1.
- Closed $35.5M mortgage on Austin office on April 3, fully repaying $169M 2022 Credit Facility.
- 1-for-25 reverse stock split effective April 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000035/0000908311-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000035/cmct-20250509.htm
  HTML page:      https://secwatch.observer/filing/0000908311-25-000035

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