---
schema_version: "secwatch.filing_event.v1"
accession: "0001498547-21-000158"
form_type: "8-K"
ticker: "CMRF"
cik: "0001498547"
company_name: "CIM REAL ESTATE FINANCE TRUST, INC."
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:40:29.105667+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CMFT sells 81 retail properties to AFIN for $1.32B; expects Q1 2022 close

## Summary
- Total consideration up to $1.32B: $1.27B cash + $53.4M AFIN stock + earnout based on lease performance.
- Properties sold: 79 shopping centers and 2 single-tenant retail assets with 5.0-year WALT.
- $40M non-refundable deposit due within two business days; closing expected in Q1 2022.
- Proceeds to repay debt and redeploy into senior secured loans and credit leases.
- Post-sale, CMFT credit lease portfolio: 114 concepts, 13.2M sq ft, 98.4% leased across 45 states.

## SEC filing metadata
- accession: 0001498547-21-000158
- form_type: 8-K
- ticker: CMRF
- cik: 0001498547
- company_name: CIM REAL ESTATE FINANCE TRUST, INC.
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498547/000149854721000158/0001498547-21-000158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498547/000149854721000158/cmft-20211220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498547-21-000158
- JSON: https://secwatch.observer/filing/0001498547-21-000158.json
- Plain text: https://secwatch.observer/filing/0001498547-21-000158.txt

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