---
schema_version: "secwatch.filing_event.v1"
accession: "0001498547-21-000035"
form_type: "8-K"
ticker: "CMRF"
cik: "0001498547"
company_name: "CIM REAL ESTATE FINANCE TRUST, INC."
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:43:35.360713+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CIM Real Estate Finance Trust secures $650M mortgage loan, pays down $220M existing facility

## Summary
- Entered $650M floating-rate first lien mortgage loan from JPMorgan Chase and DBR Investments Co. Limited.
- Loan secured by 113 properties (88.8% leased, 5.9-year WALT); interest at 1M LIBOR + 2.75%.
- Initial term to August 2023 with three 1-year extension options; interest-only, non-recourse.
- Proceeds used to pay down existing debt; terminated $350M CCPT V credit facility with $220M outstanding.
- Guarantor CIM Real Estate Finance Trust must maintain net worth ≥$250M and liquid assets ≥$50M.

## SEC filing metadata
- accession: 0001498547-21-000035
- form_type: 8-K
- ticker: CMRF
- cik: 0001498547
- company_name: CIM REAL ESTATE FINANCE TRUST, INC.
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498547/000149854721000035/0001498547-21-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498547/000149854721000035/cmft-20210715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498547-21-000035
- JSON: https://secwatch.observer/filing/0001498547-21-000035.json
- Plain text: https://secwatch.observer/filing/0001498547-21-000035.txt

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