Highest-materiality recent filing
CIM REIT acquires CIM Group's real assets business, renames to CIM Group, Inc.
CIM Group Holdings receives 907M Class A LP units and voting preferred shares, ~67.5% ownership of combined company.
CIM Real Estate Finance Trust reduces one repurchase facility by $234.5M, expands another by $250M
CMFT Repurchase Facility maximum reduced from ~$512M to ~$277.5M via Fifth Amendment dated March 12, 2026.
CIM Real Estate Finance Trust extends $300M credit facility to 2029, lowers rate margin to 2.10%
Revolving period end date extended from Feb 10, 2026 to Feb 6, 2029.
CIM Real Estate Finance Trust Amends Repurchase Facility, Reduces to $512M, Adds $250M New Facility
Fourth Amendment to existing repurchase agreement with Wells Fargo extends termination date to August 30, 2026 and reduces maximum financing from $750M to approximately $512M.
CIM Real Estate Finance Trust updates NAV to $5.22/share, down 14% from prior $6.09
Estimated per-share NAV set at $5.22 as of Dec 31, 2024, down from $6.09 as of Jan 31, 2024.
CIM Real Estate Finance Trust pays down $397.5M, cuts credit facility to $18M
Facility amount reduced to $18.0M after $397.5M paydown; $18.0M outstanding as of Aug 29.
CIM Real Estate Finance Trust announces director resignations and updated NAV of $6.09 per share
Five directors resigned to serve on board of subsidiary CLR, which holds ~$1.6B in assets and 24% of Company equity.
Amended MRA reduces CMFT maximum financing from $1.25B to $558.9M.
CMFT increases dividend 2.18% to $0.0375/month; NAV falls 3.96% to $6.31
Monthly dividend raised to $0.0375/share for Q1 2024 (2.18% increase); cumulative 10.6% since Q4 2022.
CIM REIT cuts estimated NAV to $6.31/share from $6.57 as of Sept 30, 2023
Estimated per-share NAV $6.31, down ~4% vs $6.57 a year earlier; Kroll valuation range $6.22–$6.41.
CMFT sells 151 net-lease properties to Realty Income for $779M; remaining 34 expected Q2 2023
Closed sale of 151 of 185 single-tenant net-lease properties to Realty Income (NYSE: O) for $779M in cash; total deal consideration $894M.
CMFT to sell 185 net lease properties to Realty Income for $894M cash
Total consideration $894M cash; expected closing Q1 2023 subject to due diligence and conditions.
Estimated per share NAV of $6.57, down 8.8% from $7.20 as of March 31, 2021.
CIM Real Estate Finance Trust increases Q4 2022 monthly dividend by 11% to 3.39¢ per share
Monthly dividend raised 11% to $0.0339/share for Oct, Nov, Dec 2022; Q4 aggregate $0.1017/share.
CIM Real Estate Finance Trust completes sale of 80 properties for $1.28B to Necessity Retail REIT
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.
CIM Real Estate Finance Trust sells shopping center portfolio for $1.32B; eyes public listing
Sold entire shopping center portfolio for over $1.32B; ~$1.1B closed, remainder expected May 2022.
CIM Real Estate Finance Trust increases repurchase facility with Barclays to $1.25B from $750M
Maximum financing amount raised from $750M to $1.25B under amended Master Repurchase Agreement with Barclays.
CMFT closes sale of 44 properties for $557M; remaining 37 expected Q1-Q2 2022
Total consideration $557M: $530.3M cash (incl. $9.6M earnout) and $26.7M AFIN common stock, restricted.
CMFT sells 81 retail properties to AFIN for $1.32B; expects Q1 2022 close
Total consideration up to $1.32B: $1.27B cash + $53.4M AFIN stock + earnout based on lease performance.
Stock-for-stock merger closed Dec 16, 2021; INAV shareholders received 2.508–2.622 CMFT shares per share, an ~10.6% premium.
CIM Real Estate Finance Trust increases Wells Fargo repurchase facility from $250M to $580M
Maximum financing amount raised from $250M to $580M under amended master repurchase agreement with Wells Fargo.
CMFT to acquire CIM Income NAV in stock-for-stock merger; combined enterprise value ~$6B
INAV stockholders to receive 2.508-2.622 CMFT shares per INAV share, representing ~10.6% premium.
First Amendment to Master Repurchase Agreement with Citibank provides up to $400M in financing.
CIM Real Estate Finance Trust Issues $774M Net-Lease Mortgage Notes, Repays $500M Credit Facility
Issued $774M in Net-Lease Mortgage Notes Series 2021-1 across six tranches (A-1 to A-6) rated AAA to A by S&P.
CIM Real Estate Finance Trust secures $650M mortgage loan, pays down $220M existing facility
Entered $650M floating-rate first lien mortgage loan from JPMorgan Chase and DBR Investments Co. Limited.
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.
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.
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.
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.
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.
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.
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.
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 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
appointed Nathan D. DeBacker, as principal accounting officer of the Company, effective April 27, 2022.
Mr. DeBacker replaces Jeffrey R. Smith, who resigned as the Company’s principal accounting officer effective April 27, 2022.
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.
Max materiality 0.85 · Median 0.60 · Most common event debt