---
schema_version: "secwatch.filing_event.v1"
accession: "0000908311-26-000053"
form_type: "8-K"
ticker: "CMCT"
cik: "0000908311"
company_name: "Creative Media & Community Trust Corp"
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:18:04.779970+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMCT Q1 net loss $34.7M; sells lending business for $44.9M, redeems $242.8M preferred stock

## Summary
- Net loss attributable to common stockholders $(34.7M), $(70.52)/diluted share; Core FFO $(5.9M), $(11.89)/diluted share.
- Completed sale of lending division (First Western) for ~$44.9M, net cash proceeds $31.2M in January 2026.
- Redeemed ~$242.8M of Preferred Stock into common in March; expected to reduce annual preferred dividends by ~$16M.
- Office portfolio 73.1% leased (85.7% ex-Oakland); same-store multifamily occupancy 91.4%, up 1,120 bps YoY.
- Hotel RevPAR $178.71; evaluating refinancing of Sheraton Hotel for potential upsized loan and lower rate.

## SEC filing metadata
- accession: 0000908311-26-000053
- form_type: 8-K
- ticker: CMCT
- cik: 0000908311
- company_name: Creative Media & Community Trust Corp
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908311/000090831126000053/0000908311-26-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908311/000090831126000053/cmct-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908311-26-000053
- JSON: https://secwatch.observer/filing/0000908311-26-000053.json
- Plain text: https://secwatch.observer/filing/0000908311-26-000053.txt

## Source-grounded claims
- claim_id: e9693690afbf6c97de3afc69f59550a20223f995
  claim: Creative Media & Community Trust Corp reported the three months ended March 31, 2026 results: net income $(34.7) million, or $(70.52) per diluted share.
  evidence_excerpt: was 91.4% as of March 31, 2026, representing a 1,120 basis point improvement from the first quarter of 2025. Financial Results • Net loss attributable to common stockholders of $(34.7) million, or $(70.52) per diluted share. • Funds from operations attributable to common stockholders (“FFO”) (3)1 was $(28.8) million, or $(58.47) per diluted share. • Core FFO
  evidence_url: https://www.sec.gov/Archives/edgar/data/908311/000090831126000053/0000908311-26-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.