{"schema_version":"secwatch.filing_event.v1","accession":"0001498547-26-000012","form_type":"8-K","ticker":"CMRF","cik":"0001498547","company_name":"CIM REAL ESTATE FINANCE TRUST, INC.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.237912+00:00","generated_at":"2026-05-15T08:22:03.025551+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"CIM Real Estate Finance Trust NAV drops to $5.14 per share as of Dec 31, 2025 from $5.22","bullets":["Estimated NAV per share $5.14 as of Dec 31, 2025, down 1.5% from $5.22 as of Dec 31, 2024.","Total estimated NAV $2.25B on 436.9M shares outstanding; real estate assets valued at $2.99/sh, loans $8.04/sh.","Decline driven by higher fair value of ABS mortgage note obligations and lower values for properties under contract or marketed for sale.","DRIP and share redemption program will use the new $5.14/sh effective March 27, 2026.","Board intends to update estimated per share NAV annually in the first quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001498547-26-000012","json":"https://secwatch.observer/filing/0001498547-26-000012.json","markdown":"https://secwatch.observer/filing/0001498547-26-000012.md","text":"https://secwatch.observer/filing/0001498547-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498547/000149854726000012/0001498547-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498547/000149854726000012/cmft-20260327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:22:03.025551+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"}