CMCT agrees to sell lending division to Peachtree Group affiliate for approx. $44 million

Creative Media & Community Trust Corp

Purchase price estimated at $44 million net of debt, yielding ~$31 million net cash proceeds to CMCT.
Transaction subject to SBA consent and other conditions; closing targeted by June 30, 2026.
Barry Berlin to resign as EVP, CFO, Treasurer, and Secretary; Brandon Hill to succeed as CFO and Treasurer.
Berlin receives $350,000 severance plus up to $270,000 additional payment and CMFT share purchase.
Sale supports CMCT's strategy to grow multifamily portfolio and strengthen balance sheet.

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