secwatch.observer — SEC 8-K summary
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Issuer:     CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)
CIK:        0001498547
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001498547-23-000071
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIM REIT cuts estimated NAV to $6.31/share from $6.57 as of Sept 30, 2023
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- Estimated per-share NAV $6.31, down ~4% vs $6.57 a year earlier; Kroll valuation range $6.22–$6.41.
- New NAV governs DRIP share price and share redemptions effective Nov 14, 2023.
- Real estate assets valued at $1.24B ($2.83/share); loan investments $4.14B ($9.48/share).
- Total NAV estimated at $2.76B on 437.3M shares outstanding as of Sept 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854723000071/0001498547-23-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854723000071/cmft-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001498547-23-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer