CIM REAL ESTATE FINANCE TRUST, INC. — fact timeline
Source-grounded facts extracted from CIM REAL ESTATE FINANCE TRUST, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
David Thompson was appointed as Chief Financial Officer, Principal Accounting Officer and Treasurer at CIM REAL ESTATE FINANCE TRUST, INC..
“On June 24, 2026, the Board appointed David Thompson to serve as Chief Financial Officer, Principal Accounting Officer and Treasurer of the Registrant, effective June 24, 2026.”
Nathan D. DeBacker departed as Chief Financial Officer, Principal Accounting Officer and Treasurer at CIM REAL ESTATE FINANCE TRUST, INC..
“On June 24, 2026, Nathan D. DeBacker ceased to serve as Chief Financial Officer, Principal Accounting Officer and Treasurer of the Registrant, effective June 24, 2026.”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. amended credit facility of $250.0 million to $500.0 million with Wells Fargo Bank, National Association.
“The fee letter was amended and restated to, among other things, increase the maximum facility amount of the CLR Repurchase Facility from $250.0 million to $500.0 million”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. amended credit facility of $512.0 million to approximately $277.5 million with Wells Fargo Bank, National Association.
“The fee letter that was entered into in connection with the CMFT Repurchase Agreement was amended and restated to reduce the maximum facility amount of the CMFT Repurchase Facility from approximately $512.0 million to approximately $277.5 million”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. amended a credit facility with Wells Fargo Bank, National Association valued at from $250.0 million to $500.0 million (effective 2026-03-13).
“on March 13, 2026, CLR RE Lending Sub WF, LLC (the “CLR Seller”), a subsidiary of CIM Commercial Lending REIT (“CLR”) and the Company, amended and restated the fee letter that was entered into in connection with that certain Master Repurchase and Securities Contract by and between CLR Seller and Wells Fargo dated August 15, 2025”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. amended Fifth Amendment to Master Repurchase and Securities Contract with Wells Fargo Bank, National Association valued at from approximately $512.0 million to approximately $277.5 million (effective 2026-03-12).
“On March 12, 2026, CMFT RE Lending RF Sub WF, LLC (“CMFT Seller”), an indirect wholly-owned subsidiary of CIM Real Estate Finance Trust, Inc. (the “Company”), and Wells Fargo Bank, National Association (“Wells Fargo”) entered into that certain Fifth Amendment to Master Repurchase and Securities Contract (the “Fifth Amendment”), which amended that certain Master Repurchase and Securities Contract by and between CMFT Seller and Wells Fargo dated May 20, 2021”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. amended revolving credit with Ally Bank, as administrative agent at SOFR plus an applicable rate of 2.10% per annum maturing two years after the revolving period end date.
“The Second Amendment, among other things, extends the scheduled revolving period end date from February 10, 2026 to February 6, 2029 and extends the termination date to be the earlier of (i) the date that is two years after the revolving period end date or (ii) the date of the declaration of the termination date or the date of the automatic occurrence of the termination date upon the occurrence and continuation of an event of default. Additionally, the Second Amendment amends the interest rate under the Loan and Security Agreement from the Secured Overnight Financing Rate ("SOFR") for the relevant interest period plus an applicable rate of 2.875% (and an additional 2.00% per annum following an event of default) to an interest rate of SOFR plus an applicable rate of 2.10% per annum (and an additional 2.00% per annum following an event of default).”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. amended Second Amendment to the Loan and Security Agreement with Ally Bank (effective 2026-02-06).
“On February 6, 2026 (the “Closing Date”), CMFT CL Lending Sub AB, LLC (the “Borrower”), an indirect wholly owned subsidiary of CIM Real Estate Finance Trust, Inc. (the “Company”), entered into that certain Second Amendment to the Loan and Security Agreement (the “Second Amendment”) with each of the lenders from time to time party thereto (the “Lenders”), Ally Bank (the “Bank”), as administrative agent and arranger (the “Administrative Agent”), and U.S. Bank Trust Company, National Association, as the collateral custodian (the “Collateral Custodian”), which amended the revolving loan and security agreement by and between the Borrower, Administrative Agent, Collateral Custodian, U.S. Bank National Association, as the document custodian, and Lenders, dated as of February 10, 2023”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. incurred credit facility of up to $250.0 million of financing with Wells Fargo Bank, National Association at per annum rates based on the Term Secured Overnight Financing Rate (“SOFR”), plu maturing 2027-08-15.
“(the “Company”), entered into that certain Fourth Amendment to Master Repurchase and Securities Contract (the “Fourth Amendment”) with Wells Fargo Bank, National Association (“Wells Fargo”), which amended that certain Master Repurchase and Securities Contract, by and between Lender Sub and Wells Fargo, dated May 20, 2021 (the “CMFT Repurchase Agreement”), which was entered into for the purpose of providing financing in connection with Wells Fargo’s purchase of certain eligible assets from the Lender Sub via advances from Wells Fargo to the Lender Sub (the “CMFT Repurchase Facility”), as described in the Company’s Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the “SEC”) on May 26, 2021, and as amended on October 28, 2021, March 4, 2022, and August 31, 2022 as discussed in a Current Report on Form 8-K filed with the SEC on November 3, 2021, Ma”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. amended credit facility of $750.0 million to approximately $512.0 million with Wells Fargo Bank, National Association maturing 2026-08-30.
“the Fourth Amendment, among other things, extends the facility termination date from August 30, 2025 to August 30, 2026. Additionally, the fee letter that was entered into in connection with the CMFT Repurchase Agreement was amended and restated to, among other things, reduce the maximum financing amount of the CMFT Repurchase Facility from $750.0 million to approximately $512.0 million.”
Emily Vande Krol resigned as Director at CIM REAL ESTATE FINANCE TRUST, INC..
“On February 29, 2024, Alicia K. Harrison, Calvin E. Hollis, Avraham Shemesh, Roger D. Snell and Emily Vande Krol (each a “Resigning Director” and collectively, the “Resigning Directors”), of whom Messrs. Hollis and Snell, and Ms. Harrison are independent directors, resigned from the board of directors (the “Board”) of CIM Real Estate Finance Trust, Inc., a Maryland corporation (the “Company”), effective as of the close of the meeting of the Board on February 29, 2024.”
Roger D. Snell resigned as Director at CIM REAL ESTATE FINANCE TRUST, INC..
“On February 29, 2024, Alicia K. Harrison, Calvin E. Hollis, Avraham Shemesh, Roger D. Snell and Emily Vande Krol (each a “Resigning Director” and collectively, the “Resigning Directors”), of whom Messrs. Hollis and Snell, and Ms. Harrison are independent directors, resigned from the board of directors (the “Board”) of CIM Real Estate Finance Trust, Inc., a Maryland corporation (the “Company”), effective as of the close of the meeting of the Board on February 29, 2024.”
Avraham Shemesh resigned as Director at CIM REAL ESTATE FINANCE TRUST, INC..
“On February 29, 2024, Alicia K. Harrison, Calvin E. Hollis, Avraham Shemesh, Roger D. Snell and Emily Vande Krol (each a “Resigning Director” and collectively, the “Resigning Directors”), of whom Messrs. Hollis and Snell, and Ms. Harrison are independent directors, resigned from the board of directors (the “Board”) of CIM Real Estate Finance Trust, Inc., a Maryland corporation (the “Company”), effective as of the close of the meeting of the Board on February 29, 2024.”
Calvin E. Hollis resigned as Director at CIM REAL ESTATE FINANCE TRUST, INC..
“On February 29, 2024, Alicia K. Harrison, Calvin E. Hollis, Avraham Shemesh, Roger D. Snell and Emily Vande Krol (each a “Resigning Director” and collectively, the “Resigning Directors”), of whom Messrs. Hollis and Snell, and Ms. Harrison are independent directors, resigned from the board of directors (the “Board”) of CIM Real Estate Finance Trust, Inc., a Maryland corporation (the “Company”), effective as of the close of the meeting of the Board on February 29, 2024.”
Alicia K. Harrison resigned as Director at CIM REAL ESTATE FINANCE TRUST, INC..
“On February 29, 2024, Alicia K. Harrison, Calvin E. Hollis, Avraham Shemesh, Roger D. Snell and Emily Vande Krol (each a “Resigning Director” and collectively, the “Resigning Directors”), of whom Messrs. Hollis and Snell, and Ms. Harrison are independent directors, resigned from the board of directors (the “Board”) of CIM Real Estate Finance Trust, Inc., a Maryland corporation (the “Company”), effective as of the close of the meeting of the Board on February 29, 2024.”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Second Amendment to Amended and Restated Master Repurchase Agreement and Amended and Restated Guaranty with Deutsche Bank AG, New York Branch valued at Amendment to repurchase agreement to include provisions for new guaranty, with joint and several gua (effective 2023-12-22).
“The Second Amendment amended the Repurchase Agreement to, among other things, include provisions and terms in connection with the Guarantors’ (as defined below) entry into the Restated Guaranty (as defined below).”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Guaranty with Citibank, N.A. valued at Joint and several guarantee of CLR Seller’s obligations under the CLR Repurchase Agreement; maximum (effective 2023-12-19).
“In connection with the CLR Repurchase Agreement, the Company (the “Initial Guarantor”) and CLR (the “Replacement Guarantor”) (and together, the “Guarantors”) entered into a guaranty with the Buyer (the “Guaranty”) on a joint and several basis until the satisfaction of certain terms and conditions as set forth in the Guaranty, at which point the Replacement Guarantor will become the sole guarantor under the Guaranty (the “Guarantor Replacement Event”).”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Master Repurchase Agreement (CLR Repurchase Agreement) with Citibank, N.A. valued at Maximum facility amount of $650.0 million minus the CMFT Maximum Facility Amount (effective 2023-12-19).
“on December 19, 2023 (the “Closing Date”), CLR RE Lending RF Sub CB, LLC (the “CLR Seller”), an indirect wholly-owned subsidiary of the Company, entered into a Master Repurchase Agreement (the “CLR Repurchase Agreement”) with Citi (the “Buyer”), with a maximum facility amount of $650.0 million minus the CMFT Maximum Facility Amount (the “CLR Maximum Facility Amount”), in connection with the Buyer’s purchase of certain eligible assets from the CLR Seller and future funding advances to the CLR Seller.”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. amended Amended and Restated Master Repurchase Agreement with Citibank, N.A. valued at Maximum facility amount reduced from $400.0 million to approximately $70.5 million (effective 2023-12-19).
“On December 19, 2023, CMFT RE Lending RF Sub CB, LLC (the “CMFT Seller”), an indirect wholly-owned subsidiary of CIM Real Estate Finance Trust, Inc. (the “Company”), entered into an Amended and Restated Master Repurchase Agreement (the “Restated MRA”) with Citibank, N.A. (“Citi”), to amend and restate that certain Master Repurchase Agreement, dated June 4, 2020, by and between Citi and the CMFT Seller (the “Repurchase Agreement”), which provides financing for certain eligible assets of the CMFT Seller and advances to the CMFT Seller (the “Repurchase Facility”), as described in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (“SEC”) on June 9, 2020, as such Repurchase Agreement was amended on August 17, 2021 and January 27, 2022, as discussed in Current Reports on Form 8-K filed by the Company with the SEC on August 23, 2021 and February 1, 2022, respectively.”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. incurred credit facility of up to $691.1 million of financing with Barclays Bank PLC at per annum rates based on the Term Secured Overnight Financing Rate (“SOFR”), plu maturing December 4, 2026.
“(the “Company”), entered into an Amended and Restated Master Repurchase Agreement (the “Restated MRA”) with Barclays Bank PLC (“Barclays”), to amend and restate that certain Master Repurchase Agreement, dated September 21, 2020, by and between Barclays and the CMFT Seller, and acknowledged by the Company (the “Repurchase Agreement”), which provides financing for certain eligible assets of the CMFT Seller and advances to the CMFT Seller (the “Repurchase Facility”), as described in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (“SEC”) on September 24, 2020, as such Repurchase Agreement was amended on July 27, 2021, February 23, 2022, and October 7, 2022, as discussed in a Current Report on Form 8-K filed by the Company with the SEC on August 2, 2021, March 1, 2022, and October 13, 2022, respectively.”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. amended credit facility of reduce the maximum financing amount from $1.25 billion to $558.9 million with Barclays Bank PLC.
“(the “Company”), entered into an Amended and Restated Master Repurchase Agreement (the “Restated MRA”) with Barclays Bank PLC (“Barclays”), to amend and restate that certain Master Repurchase Agreement, dated September 21, 2020, by and between Barclays and the CMFT Seller, and acknowledged by the Company (the “Repurchase Agreement”), which provides financing for certain eligible assets of the CMFT Seller and advances to the CMFT Seller (the “Repurchase Facility”), as described in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (“SEC”) on September 24, 2020, as such Repurchase Agreement was amended on July 27, 2021, February 23, 2022, and October 7, 2022, as discussed in a Current Report on Form 8-K filed by the Company with the SEC on August 2, 2021, March 1, 2022, and October 13, 2022, respectively.”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Master Repurchase Agreement with Barclays Bank PLC valued at Up to $691.1 million financing for commercial real estate mortgage loans (effective 2023-12-04).
“In addition, on December 4, 2023 (the "Closing Date"), CLR RE Lending RF Sub BB, LLC (the "CLR Seller"), an indirect wholly owned subsidiary of the Company, entered into a Master Repurchase Agreement (the "CLR Repurchase Agreement") with Barclays (the "Buyer"), which provides the CLR Seller up to $691.1 million of financing”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Amended and Restated Master Repurchase Agreement with Barclays Bank PLC valued at Reduction of maximum financing amount from $1.25 billion to $558.9 million; CLR Repurchase Agreement (effective 2023-12-04).
“On December 4, 2023, CMFT RE Lending RF Sub BB, LLC (the "CMFT Seller"), an indirect wholly owned subsidiary of CIM Real Estate Finance Trust, Inc. (the "Company"), entered into an Amended and Restated Master Repurchase Agreement (the "Restated MRA") with Barclays Bank PLC ("Barclays"), to amend and restate that certain Master Repurchase Agreement, dated September 21, 2020”
Shareholder Votes
CIM REAL ESTATE FINANCE TRUST, INC. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-07-12 meeting.
“The requisite vote of the Company’s stockholders of record ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 as follows:”
Shareholder Votes
CIM REAL ESTATE FINANCE TRUST, INC. shareholders approved Election of Directors to Hold Office Until the 2024 Annual Meeting of Stockholders and Until Their Successors Are Duly Elected and Qualify at the 2023-07-12 meeting.
“All of the director nominees listed below were elected by the requisite vote of the Company’s stockholders to hold office until the next annual meeting of stockholders in 2024 and until his or her respective successor has been duly elected and qualifies or until his or her earlier resignation or removal as follows:”
M&A Transactions
CIM REAL ESTATE FINANCE TRUST, INC. completed a disposition involving Realty Income Corporation (subsidiaries) for $779.0 million (closed 2023-03-22).
“The sale of 151 properties under contract for sale pursuant to the Purchase and Sale Agreement closed on March 22, 2023 for total consideration of $779.0 million.”
Debt Financings
CIM REAL ESTATE FINANCE TRUST, INC. incurred revolving credit of up to $300.0 million with Ally Bank at SOFR plus 2.875% per annum maturing February 10, 2028.
“On February 10, 2023 (the “Closing Date”), CMFT CL Lending Sub AB, LLC (the “Borrower”), an indirect wholly owned subsidiary of CIM Real Estate Finance Trust, Inc. (the “Company”), entered into a revolving loan and security agreement (the “Loan and Security Agreement”) with each of the lenders from time to time party hereto (the “Lenders”), Ally Bank (the “Bank”), as administrative agent and arranger (the “Administrative Agent”), U.S. Bank Trust Company, National Association, as the collateral custodian (the “Collateral Custodian”), and U.S. Bank National Association as the document custodian (the “Document Custodian”), which provides for borrowings in an aggregate principal amount up to $300.0 million (the “Loan Facility”), which may be increased during the revolving period (as defined below) to an aggregate principal amount up to $500.0 million as agreed to by the Borrower, any applicable Lender and the Administrative Agent.”
Material Agreements
CIM REAL ESTATE FINANCE TRUST, INC. entered into Agreement of Purchase and Sale with certain subsidiaries of Realty Income Corporation (NYSE: O) valued at approximately $894 million in total consideration (effective 2022-12-29).
“On December 29, 2022 (the “Effective Date”), certain subsidiaries (collectively, the “Seller”) of CIM Real Estate Finance Trust, Inc. (the “Company”) entered into an Agreement of Purchase and Sale (the “Purchase and Sale Agreement”) with certain subsidiaries of Realty Income Corporation (NYSE: O) (the “Purchaser”), to sell to the Purchaser 185 single-tenant net lease properties, for which the Seller will receive, in the aggregate, approximately $894 million in total consideration at closing.”
Emily Vande Krol was elected as director at CIM REAL ESTATE FINANCE TRUST, INC..
“Jason Schreiber and Emily Vande Krol were elected by all of the Company’s directors, including all of the independent directors, to fill the outstanding vacancies on the b”
Jason Schreiber was elected as director at CIM REAL ESTATE FINANCE TRUST, INC..
“Jason Schreiber and Emily Vande Krol were elected by all of the Company’s directors, including all of the independent directors, to fill the outstanding vacancies on the b”
Jeffrey R. Smith resigned as principal accounting officer at CIM REAL ESTATE FINANCE TRUST, INC..
“Mr. DeBacker replaces Jeffrey R. Smith, who resigned as the Company’s principal accounting officer effective April 27, 2022.”
Nathan D. DeBacker was appointed as principal accounting officer at CIM REAL ESTATE FINANCE TRUST, INC..
“appointed Nathan D. DeBacker, as principal accounting officer of the Company, effective April 27, 2022.”
Roger D. Snell was elected as director at CIM REAL ESTATE FINANCE TRUST, INC..
“In connection with the Merger, effective at the effective time of the Merger, the size of the board of directors (the “Board”) of the Company was increased by one director and Roger D. Snell was elected to serve as a director of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.