earnings
confidence high
sentiment negative
materiality 0.85
CMCT reports Q3 net loss $17.7M; sells lending business for $44M, office leasing up 69% YTD
Creative Media & Community Trust Corp
2025-Q3 EPS reported
-$63.18
revenue$88,218,000
- Net loss attributable to common stockholders of $17.7M ($23.52 per share); FFO loss $11.1M, Core FFO loss $10.5M.
- Office portfolio 73.6% leased; executed 80,962 sq ft of leases in Q3; YTD leasing up 69% YoY.
- Agreement to sell lending business for ~$44M; estimated net proceeds ~$31M.
- Refinanced $81M Oakland multifamily mortgage, extended maturity to Jan 2027; $6M paydown.
- Segment NOI $7.0M vs $7.6M Q3 2024; same-store office Cash NOI down to $5.7M from $6.4M.