---
schema_version: "secwatch.filing_event.v1"
accession: "0000908311-26-000077"
form_type: "8-K"
ticker: "CMCT"
cik: "0000908311"
company_name: "Creative Media & Community Trust Corp"
filed_at: "2026-07-15T21:02:08+00:00"
generated_at: "2026-07-15T21:04:06.190186+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMCT defaults on $97.1M non-recourse mortgage; lender demands full payment

## Summary
- Received default notice on $97.1M non-recourse mortgage at 1 Kaiser Plaza after July 1, 2026 maturity.
- Company current on interest payments but elected not to invest additional capital to refinance.
- Lender demands immediate full payment; rents and property income now held in trust for lender.
- Default interest rate of 5% above 4.14% per annum applies to outstanding balance.
- Company engaging with special servicer; no assurance on timing or outcome of resolution.

## SEC filing metadata
- accession: 0000908311-26-000077
- form_type: 8-K
- ticker: CMCT
- cik: 0000908311
- company_name: Creative Media & Community Trust Corp
- filed_at: 2026-07-15T21:02:08+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908311/000090831126000077/0000908311-26-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908311/000090831126000077/cmct-20260709.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908311-26-000077
- JSON: https://secwatch.observer/filing/0000908311-26-000077.json
- Plain text: https://secwatch.observer/filing/0000908311-26-000077.txt

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