{"schema_version":"secwatch.filing_event.v1","accession":"0001498547-22-000050","form_type":"8-K","ticker":"CMRF","cik":"0001498547","company_name":"CIM REAL ESTATE FINANCE TRUST, INC.","filed_at":"2022-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.923615+00:00","generated_at":"2026-06-25T05:06:52.185271+00:00","sec_items":["1.01","2.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CIM Real Estate Finance Trust completes sale of 80 properties for $1.28B to Necessity Retail REIT","bullets":["Total consideration of $1.28B: $1.22B cash (incl. $23.5M earnout) and $53.4M in RTL common stock; one property closing expected Q2 2022.","Debt repaid/assumed $843.2M; transaction costs $10.9M; net proceeds of $437.1M to redeploy into senior secured loans and credit leases.","Sale of 79 shopping centers and two single-tenant properties (~9.5M sq ft across 27 states); first 44 properties closed Feb 2022.","Pro forma net income for year ended Dec 2021 adjusted from $86.5M to $57.9M reflecting disposition."],"urls":{"canonical":"https://secwatch.observer/filing/0001498547-22-000050","json":"https://secwatch.observer/filing/0001498547-22-000050.json","markdown":"https://secwatch.observer/filing/0001498547-22-000050.md","text":"https://secwatch.observer/filing/0001498547-22-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498547/000149854722000050/0001498547-22-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498547/000149854722000050/cmft-20220526.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T05:06:52.185271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}