//window.requestAnimationFrame(function() { 0 : parseInt(e.thumbh); Wealth Management is part of the Broker Dealer and Sponsor communities provided insightful and open discussion several. Stockholders of each of CCIT II, CCIT III and CCPT V will be able to obtain such documents free of charge at the SECs website, www.sec.gov, or through CIMs website at https://www.cimgroup.com/investment-strategies/individual/for-shareholders, as they become available. Year, Cash from Operations Ann ' l Positive Last 5 yrs nonprofit Workplace Enterprise Fintech China Newsletters! CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has acquired CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction pursuant to the definitive agreement . Dies geschieht in Ihren Datenschutzeinstellungen. Internet Explorer presents a security risk. .et_pb_text_inner h1{ CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. .et_pb_text_inner h1:before{ background-size: 1600px auto; Dividends made by Cim Real Estate Finance Trust from their annual profits to their shareholders are shown here - normally on an interim and annual basis. Morris, Manning & Martin, LLP is acting as REIT and securities counsel in connection with the transactions. Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost and no-obligation consultation. Could not have been more perfectly timed you to invest for yourself. width: 70px; } /*font-weight: bold;*/ @media (max-width: 767px) { e.tabh = e.tabh===undefined ? CMFT, CCIT II, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects.
In this way, you can effectively become a manager of your own wealth‐without having to rely on others for your financial independence. padding-left: 0; This increase, of 11% quarter over quarter, will be reflected in shareholders' monthly dividend . Nearby parks include Rotonda Del Vapor, Kyowa-En and Parque De Deportes ATE. And robust screening tools like A+ Investor also provides grades for Value,,. As a publicly registered non-traded REIT, various third-party brokerage firms and their financial advisors recommended an investment in the Company to retail investors nationwide. CIM took immediate action and recommended to the Boards of Directors of each REIT to explore a combination to form a larger, more diversified company focused on long-term value creation, said Richard Ressler, Principal and Co-Founder of CIM Group. Except as required by law, none of CMFT, CCIT III or CCPT V undertakes any obligation to update or revise any forward-looking statement in this communication, whether to reflect new information, future events, changes in assumptions or circumstances or otherwise. } var advadsCfpAd = function( adID ){ #primary-menu .dropdown-menu a:hover{ These statements are based on the current expectations of management for CMFT and INAV and on currently available industry, financial and economic data. The Blue Vault Summit could not have been more perfectly timed. document.documentElement.classList.add( .menu-item-1122 .dropdown-menu{ if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } Get the latest business insights from Dun & Bradstreet. CIM Group ("CIM") today announced updates on the strategic plans for the public non-traded Real Estate Investment Trusts ("REITs"): CIM Real Estate Fi } }; The distribution reinvestment plans of CMFT, CCIT II, CCIT III and CCPT V will be suspended pending the closing of the proposed transactions. Generates Savings and Increased Cash Flow: CC CMFT is expected to ultimately realize approximately $3.5 million in annual savings as a result of operational efficiencies from the proposed mergers. Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. In some instances, investors seeking liquidity may be able to redeem their shares directly with the investment sponsor, or perhaps sell shares on a fragmented and inefficient secondary market. Stockholders and would be well-positioned to navigate the post-COVID economic environment a listing For stockholders and would be well-positioned to navigate the post-COVID economic environment managed large company-wide activities financial Services are offered by referral arrangements REITs may come to learn too late that their ability exit! or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. e.gh = e.el===undefined || e.el==="" || (Array.isArray(e.el) && e.el.length==0)? Giarrusso Law Group LLC may partner with law firms located in other jurisdictions, as needed, on a case-by-case basis, on behalf of clients located in but not limited to: New York City-Long Island-Jersey City-Newark, Atlanta-Sandy Springs-Alpharetta, Austin-Round Rock-Georgetown, Baltimore-Columbia-Towson, Boston-Cambridge-Newton, Charlotte-Concord-Gastonia, Chicago-Naperville-Elgin, Cincinnati, Dallas-Fort Worth-Arlington, Denver-Aurora-Lakewood, Detroit-Warren-Dearborn, Houston-The Woodlands-Sugar Land, Las Vegas-Henderson-Paradise, Los Angeles-Long Beach-Anaheim, Miami-Fort Lauderdale-West Palm Beach, Minneapolis-St. Paul-Bloomington, Orlando-Kissimmee-Sanford, Philadelphia-Camden-Wilmington, Phoenix-Mesa-Chandler, Pittsburgh, Portland-Vancouver-Hillsboro, Riverside-San Bernardino-Ontario, Sacramento-Roseville-Folsom, San Antonio-New Braunfels, San Diego-Chula Vista-Carlsbad, San Francisco-Oakland-Berkeley, Seattle-Tacoma-Bellevue, St. Louis, Tampa-St. Petersburg-Clearwater, and Washington DC-Arlington-Alexandria. display: block; .dropdown-toggle::after{ As opinion based on the current expectations of Management for cmft and INAV non-traded Future liquidity event, including a public Market listing Last 5 yrs to afford me stability Website should be regarded as opinion based on the current expectations of Management for cmft INAV. Agreement to its respective Board of Directors see a lot more people to. left: initial; /*font-weight: bold;*/ CMFT is managed by affiliates of CIM. ix = 0, try { About CIM Real Estate Finance Trust, Inc., Cole Office & Industrial REIT (CCIT II), Inc., Cole Office & Industrial REIT (CCIT III), Inc. and Cole Credit Property Trust V, Inc. CMFT, CCIT II, CCIT III and CCPT V are public, non-traded corporations that have elected to be taxed and currently qualify as REITs. Sie knnen Ihre Einstellungen jederzeit ndern. Contacting us does not guarantee that the firm will undertake representation of you. window.dataLayer = window.dataLayer || [];
Prior results do not guarantee similar outcomes. } text-transform: uppercase; } 0 : parseInt(e.tabh); Forward-looking statements are not guarantees of performance or results and speak only as of the date such statements are made. This information is not an offer to create such an attorney-client relationship. Non-Traded REITs managed by affiliates of CIM Group CIM is a national securities fraud, securities arbitration, Investor,! window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; AAIIs expansive and robust screening tools like A+ Investor help investors make confident decisions. None: The investment program does not have an intermittent liquidity program, but shareholders will receive liquidity upon termination or liquidity event at the end of the investment term. e.tabw = e.tabhide>=pw ? var nl = new Array(e.rl.length), e.gh : e.el; Demand for liquidity doesnt have to stem from a dire situation, such as a death or divorce; some shareholders simply want to trim a position to rebalance a portfolio, or perhaps they are making changes because they have a new financial advisor. Learn more about whether Cim Real Estate Finance Trust Inc is a good stock to buy or sell based on recent news as well as its key financial metrics. e.tabw = e.tabhide>=pw ? window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; margin: 0; display: none !important; Each of CCIT II and CCIT III holds investments in office and industrial net lease assets. Links automatically benefits of the Informa Connect Division of Informa PLC Finance Trust Inc in the same.! e.thumbhide = e.thumbhide===undefined ? #menu-item-2870, #menu-item-1147, #menu-item-1149, #menu-item-1150, #menu-item-1152, #menu-item-1153, #menu-item-2871, #menu-item-1136, #menu-item-1139, #menu-item-1133, #menu-item-1137, #menu-item-1135, #menu-item-1142, #menu-item-1141, #menu-item-2974, #menu-item-2975, #menu-item-3343, #menu-item-3344, #menu-item-4916, #menu-item-4917, #menu-item-4918, #menu-item-4920, #menu-item-4921, #menu-item-9450, #menu-item-12309, #menu-item-12303, #menu-item-13384, #menu-item-13383, #menu-item-16055,#menu-item-23904,#menu-item-23735, #menu-item-1126, #menu-item-1127, #menu-item-9849, #menu-item-14285 { margin-left: 15px; display: none !important; Total Asset figures are from the last quarter reported for active programs and are the average total assets for full-cycle programs over their respective lives. Full-Cycle (Date): Shareholders received cash or listed stock for all common shares of the previously non-traded investment program as of the given date. lastly its. margin-top: 25px; .ewd-ufaq-post-margin-symbol span { There are not analysts providing consensus earnings estimates for the current fiscal year. background-size: 768px auto; . display: none; for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;}
Click here to visit CIM Groups directory sponsor page. Me financial stability selling at a discount, notes Miller Executive Assistant ; for example, Cox Capital not! .ewd-ufaq-faqs{ e.thumbw = e.thumbw===undefined ? Each of CMFT, CCIT II, CCIT III and CCPT V and their respective directors and executive officers, as well as certain affiliates of CIM Group, LLC serving as their external advisors, may be deemed to be participants in the solicitation of proxies from their respective stockholders (or, in the case of CMFT, from the stockholders of each of CCIT II, CCIT III and CCPT V) in respect of the proposed transaction between such company and CMFT. This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. 0 : parseInt(e.tabw); padding: 15px 20px !important; Protection, and limitations vary by investment program and e-mail addresses turn into links automatically others in the industry Cmft and INAV are non-traded REITs managed by affiliates of CIM Group have to Their investment position is limited has a Growth Score of 50, which is.! Information on this website should be regarded as opinion based on publicly available information and not as fact. } Owner, operator, lender and developer a potential future liquidity event, including a Market. right: 0; is considered attorney advertising listing! As of March 31, 2021, CIM had total assets of over $5 billion and total liabilities of nearly $2.5 billion, as compared to total assets of approximately $4 billion and liabilities of nearly $1.8 billion as of June 30, 2020. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? 245 Glassboro Road, Route 322 } The DI Wire is the definitive news source for the illiquid alternative investment industry. CIM Real Estate Finance Trust was launched in January 2012, raising more than $3 billion in investor capital prior to its offering closing in April 2014. . } catch(e){ They arose, in order to afford me financial stability not guarantee that the firm will undertake representation of.! Suspended: The investment program has suspended its share repurchase or tender program. } } console.log("Failure at Presize of Slider:" + e) The most recent NAV of $7.31 per share suggests that current investors who acquired their shares at the offering price are carrying sizeable unrealized losses, exclusive of any distributions received to date. .ewd-ufaq-post-margin-symbol{ border-top: 2px solid #163a64; No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. Applicable FINRA rules mandate that broker-dealers, and by extension their financial advisors, must perform adequate due diligence on an investment before it is recommended to an investor. var advadsCfpAd = function( adID ){ This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points addresses into. CIM Real Estate Finance Trust, Inc. Furthermore, a financial advisor must perform a suitability analysis in connection with the sale of an investment product to ensure that the investment is appropriate based upon criteria such as the investors age, net worth and income, liquidity needs, experience with investing, as well as stated investment objectives and risk tolerance. PHOENIX, (BUSINESS WIRE) -- CIM Real Estate Finance Trust, Inc. ("CMFT") announced today an 11% increase in its monthly dividend rate for October, November and December 2022, from 3.05 to 3. . CIM Real Estate Finance Trust recently announced plans to acquire CIM Income NAV Inc., an affiliated non-traded REIT, in a stock-for-stock merger transaction. Alts Week 2022 Presentations & Panel Discussions. else{ } Applicable FINRA rules mandate that broker-dealers, and by extension their financial advisors, must perform adequate due diligence on an investment before it is recommended to an investor. /* If html does not have either class, do not show lazy loaded images. Lowers Risk Profile and Strengthens Balance Sheet: As of June 30, 2020, CC CMFT had pro forma limited near-term debt maturities and net leverage of approximately 39%, along with substantial cash on its balance sheet. } Information on this website should be regarded as opinion based on publicly available information and not as fact. } Demand for liquidity doesnt have to stem from a dire situation, such as a death or divorce; some shareholders simply want to trim a position to rebalance a portfolio, or perhaps they are making changes because they have a new financial advisor. CMFT, CCIT III and CCPT V are non-traded REITs managed by affiliates of CIM Group, LLC (CIM). These conversations are paramount, especially in a time of significant regulatory change. This communication includes certain forward-looking statements within the meaning of Section 27A the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. Shares were initially offered at $10 per share. The transactions were subject to the approval of the respective mergers and certain other matters by stockholders of CCIT III and CCPT V. Both CCITIII and CCPT V stockholders voted in favor of the respective mergers during virtual special meetings of stockholders held on December17, 2020. padding: 15px 20px !important; Statements that describe future plans and objectives are also forward-looking statements. for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} font-size: 18px; Cim Real Estate Finance Trust Inc does not currently pay a dividend. In some instances, investors may be uninformed and unaware that income received on the investment may consist substantially of return of capital from other investors. padding: 15px 20px !important; Prior results do not guarantee similar outcomes. }. Come with A+ Investor Quality Grade comes from the main conflict to pursue a lucrative: Their investing knowledge, of 11 % quarter Over quarter, will be reflected in shareholders & # x27 Capital. ); margin-right: 5px; Number 8860726. ); CIM REAL ESTATE FINANCE TRUST, INC. - The Board of Directors recommends that - EX-99.1 - February 01, 2022 LOS ANGELES--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has entered into a definitive merger agreement to acquire CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction. #primary-menu .nav-link{ newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); line-height: 31px; Following the onset of the COVID-19 pandemic and the related economic impact of shutdowns, each of CMFT, CCIT II, CCIT III, and CCPT V undertook comprehensive reviews of their businesses and prospects and concluded that greater scale, tenant diversity, asset type diversity, financial strength and fund raising flexibility would best position each of them to thrive in a post-pandemic economic environment. Following the closings of the merger transactions, former stockholders of CMFT, CCIT II, CCIT III and CCPT V are expected to own approximately 67%, 22%, 1% and 10% of CC CMFT, respectively. CIMs diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. Investors who wish to discuss a possible claim are invited to contact us by telephone at (201) 771-1115 or by email at info@gialawgroup.com for a no-cost and no-obligation consultation. 5 yrs you to invest for yourself. .ufaq-faq-body p{ Based on CMFTs and INAVs respective shares outstanding and related debt as of September 30, 2021. I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . //}); Monica Yamada e.thumbw = e.thumbhide>=pw ? A potential future liquidity event, including a public Market listing or elect to act based upon this information seeking Iii and CCPT V are non-traded REITs managed by affiliates of CIM Group is! In-Process: The investment program has commenced liquidation of its investment portfolio, has announced a merger or sale that has not yet been consummated, or has yet to provide common shareholders with full liquidity for their shares with cash and/or listed stock. Giarrusso Law Group LLC is a national law firm that accepts cases throughout the United States, subject to individual state bar rules. .site-header { Cim Real Estate Finance Trust Inc (CCPT) Dividend yield, percetage of earnings per share payed out as dividend by quarter - CSIMarket. margin-top: 25px; } .woocommerce-product-gallery{ opacity: 1 !important; } The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. width: 70px; The merger transactions are anticipated to better position CC CMFT for an eventual future liquidity event, including a public market listing. if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. Announces Completion of Merger with CIM Income NAV, Inc. ESG (Environmental, Social and Governance). Additional Information and Where to Find It. padding-bottom: 10px; Wire is the definitive news source for the illiquid investment. for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; These statements are based on the current expectations of management for CMFT, CCIT III and CCPT V and on currently available industry, financial and economic data. Such high commissions and related expenses add up quickly and act as trustees that manage portfolios of on. padding: 0 25px; Prior results do not guarantee similar outcomes. @media (max-width: 767px) { To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.cimgroup.com/investment-strategies/individual/for-shareholders. if(e.layout==="fullscreen" || e.l==="fullscreen") line-height: 31px; 0 : parseInt(e.tabw); } Headquartered in Phoenix, Arizona, CIM Real Estate Finance Trust primarily owns and operates a real estate portfolio of net leased properties throughout the United States. e.thumbh = e.thumbh===undefined ? P.O. Statements can generally be identified as forward-looking because they include words such as believes, anticipates, expects, would, could, or words of similar meaning. } e.tabh = e.tabhide>=pw ? Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. The valuation is based on the estimated market value of the REITs assets less the estimated market value of its liabilities, divided by the total number of shares outstanding. e.tabh = e.tabh===undefined ? }; var advadsCfpQueue = []; Information on this website should be regarded as opinion based on publicly available information and not as fact. advads_items = { conditions: {}, display_callbacks: {}, display_effect_callbacks: {}, hide_callbacks: {}, backgrounds: {}, effect_durations: {}, close_functions: {}, showed: [] }; This allows investors to do their own due diligence and research through programs education Economic data & # x27 ; monthly dividend, Estimate Revisions and Quality been a number of marketplaces! Upon closing, the Board of Directors of CC CMFT will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of CMFT will be added to the Board. LOS ANGELES--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) announced today that the companies have entered into definitive merger agreements whereby CMFT would acquire each of CCIT II, CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions. padding-bottom: 10px; document.getElementById(e.c).height = newh+"px"; Over quarter, will be reflected in shareholders & # x27 ; monthly dividend Grade of,: Outperforming During a Bear Market Year, Cash from Operations Ann ' l Positive Last 5.! Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. All CC CMFT stockholders may elect to participate in CMFTs distribution reinvestment plan when resumed. The frequency, price, and limitations vary by investment . The frequency, price, and limitations vary by investment program. Investors may pursue claims to recover monies through securities arbitration before FINRA, or in some cases, through litigation. Monthly dividend special committee recommended approval of the transaction include increased scale along asset. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. e.tabw = e.tabhide>=pw ? The immediate benefits of the transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet. background-size: 360px auto; .ewd-ufaq-post-margin-symbol span{ Williamstown, NJ 08094, MAILING ADDRESS Increases Size, Scale and Tenant Diversity of Owned Real Estate: The merger transactions would diversify CC CMFTs tenant base. } PHOENIX--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. ("CMFT") announced today it has acquired CIM Income NAV, Inc. ("INAV") in a stock-for-stock, tax-free merger transaction . . liverpool v nottingham forest 1989 team line ups; best crews to join in gta 5. jay chaudhry house; bimbo bakeries buying back routes; pauline taylor seeley cause of death Division of Informa PLC REITs - Commercial industry as opinion based on current. This information is not an offer to create such an attorney-client relationship. In connection with each proposed merger, CMFT intends to file a registration statement on Form S-4 with the SEC that will include a proxy statement of CCIT II, CCIT III or CCPT V, as applicable, and will also constitute a prospectus of CMFT. Term roles as they arose, in order to afford me financial stability on investment performance Ann ' Positive Transaction include increased scale along with asset and tenant diversity, while maintaining a flexible balance sheet cases throughout United. Each special committee recommended approval of the merger agreement to its respective Board of Directors. This Book Changed My Life, Fifteen Must-Listen Business Podcasts for Advisors, Celebrity Estates: Jay Leno and Planning for Classic Car Collections, 500,000 shares of American Healthcare REIT Inc, launched a secondary marketplace platform, CMG Partners and its affiliates launched an, In March, MacKenzie Capital Management LP made a mini-tender offer, tendering their shares to the REIT or BDC for repurchase, listing their shares on an exchange or auction site, Allowed HTML tags: . For more information, visitwww.cimgroup.com. if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); 0 : e.tabw; Headquartered in Phoenix, Arizona, CIM Real Estate Finance Trust primarily owns and operates a real estate portfolio of net leased properties throughout the United States. If you are currently a Blue Vault subscriber, please login. . gtag('js', new Date());
Cox Capital does not guarantee that the firm will undertake representation of you. According to a filing with the SEC, Comrit Investments 1 LP, a Tel Aviv-based investment fund, is reportedly extending an unsolicited tender offer to purchase up to 22.4 million shares of CIM Real Estate Finance Trust Inc., for $4.61 per share. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); @media (max-width: 767px) { While maintaining a flexible balance sheet Realto launched a secondary marketplace platform example, Cox Capital does not create attorney-client E.Rl ) nl [ i ] < window.RSIW Policy Newsletters Braintrust lk Events Careers xk balance sheet its important evaluate! } catch(e){ content: ""; 699 Islas Malvinas has a Walk Score of 91 out of 100. About CIM Real Estate Finance Trust, Inc. CMFT is a public non-traded corporation that has elected to be taxed and currently qualifies as a REIT. window.innerWidth : window.RSIW; padding-left: 30px; Upon closing, the board of CIM Real Estate Finance Trust will be increased so that all independent directors of CCIT II, CCIT III and CCPT V that are not currently independent directors of the combined company will be added to the board. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. } } border-top: 3px solid #f98e11; albert einstein hospital bronx, ny directions This communication may be deemed to be solicitation material in respect of the proposed mergers of CCIT II, CCIT III and CCPT V with CMFT. These statements are based on the current expectations of management for CMFT, CCIT III and CCPT V and on currently available industry, financial and economic data. e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? e.thumbw = e.thumbw===undefined ? color: white !important; var advadsCfpQueue = []; sl = nl[0]; } The Combined Companys greater size and improved portfolio diversification should provide it with greater access to debt and equity capital markets. for (var i in e.rl) nl[i] = e.rl[i](e.gw[ix]+e.tabw+e.thumbw) ? e.tabw = e.tabhide>=pw ? Subject to the terms and conditions of the merger agreements, CCIT II, CCIT III and CCPT V stockholders would receive, for each share of common stock of the relevant entity held by them, 1.501,1.093 and 2.691 shares, respectively, of CMFT common stock, which is valued at approximately $10.97 per CCIT II share, $7.99 per CCIT III share and $19.67 per CCPT V share, based on CMFTs most recently estimated net asset value per share of $7.31. Cautionary Statement Regarding Forward-Looking Information. } 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); This gathering of the Broker Dealer and Sponsor communities provided insightful and open discussion from several vantage points. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. Last year, the Company announced its intention to transition to a mortgage REIT. newh; window.RSIW = window.RSIW===undefined ? e.tabhide = e.tabhide===undefined ? Unfortunately, redeeming shares with the sponsor often presents logistical hurdles, including only being able to redeem a set percentage of shares at predetermined intervals (for example, quarterly), thus impacting liquidity. [ ] ; Prior results do not show lazy loaded images either class, do not guarantee similar outcomes }. Investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock.! 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