cim real estate finance trust liquidity event

sl = nl[0]; .ufaq-faq-body p{ Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. padding-bottom: 10px; Statements that describe future plans and objectives are also forward-looking statements. You see some of these more mainstream institutions getting into the space, because of the opportunity set that exists, and you need to build it front to back, meaning you need to give investors liquidity options to make the market more efficient, says Stephan. var nl = new Array(e.rl.length), display: none; PHOENIX, October 17, 2022--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 3.39 . PHOENIX, December 30, 2022--CIM Real Estate Finance Trust, Inc. agrees to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 M The frequency, price, and limitations vary by investment . Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "would," "could," or words of similar meaning. 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. Most people have been aware of this liquidity gap in real estate alts for a long time, and we view these third-party tender offer firms as step one in taking advantage of that illiquidity, says Sean Stephan, a partner at Cox Capital Partners. Review the table below to see how Cim Real Estate Finance Trust Inc stock stands up against its competitors. Further, by joining A+ Investor you can see whether Cim Real Estate Finance Trust Incs stock passes any of our 60+ stock screens that have outperformed the market since their creation. border-top: 3px solid #f98e11; In the same vein, the interest rate on savings accounts was . However, one drawback of those structures has always been that investors have few options to get capital out if they need an early exit, which has fueled a practice, mini-tender offers, that some critics view as predatory. The portfolio . The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered Very Weak, while those in the top 20% receive A grades, which are considered Very Strong. background: url(https://bluevaultpartners.com/wp-content/themes/bvp/images/headers/circle.png) no-repeat scroll top; 0 : parseInt(e.tabh); CIM investors who require immediate liquidity through participation in Comrit's current tender offer may suffer considerable losses, excluding any distributions to date. .ewd-ufaq-post-margin-symbol{ Ever since crowdfunding became a big thing it does seem like there has been a lot more attention on liquidity options and secondary markets, notes Miller. e.tabhide = e.tabhide===undefined ? In addition to the secondary marketplaces, shareholders can contact private secondary marketbuyers such as Sell MyREIT. ix = 0, #primary-menu .dropdown-menu.show{ Access global real estate's most influential events and network. 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. 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. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Financial services regulation in United States CIM Real Estate Finance Trust has investments in net lease and multi-tenant retail assets as well as real estate loans and other credit investments. 2023 Informa USA, Inc., All rights reserved, Equity Investors Pull Back on the Industrial Sector as Return Expectations Dim, Sustainable Strategies for the Modern Investor, Believe It or Not, Its a Great Time To Be a Financial Advisor, Ares Strikes Deal for Office, Naming Rights at Los Angeles Tower, The 10 Best and 10 Worst States in Which to Retire in 2021, Im an Advisor. The attorneys at Giarrusso Law Group LLC have considerable experience in handling claims on behalf of investors in non-traded REITs such as CIM Real Estate Finance Trust, Inc., as well as other complex and illiquid financial products. } CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office& Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V)today announced that CMFT has acquired each of CCIT III and CCPT V in separatestock-for-stock,tax-freemerger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); CIM, formerly known as Cole Credit Property Trust IV, was launched in January 2012, raising approximately $3 billion in investor capital prior to closing its offering in April 2014. 1) Based on CMFT and INAVs respective most recently published NAVS, published as of 3/31/2021 and 7/31/2021 respectively. Here, well take a closer look at Cim Real Estate Finance Trust Incs stock grades for value, growth and quality. } Four publicly registered non-traded real estate investment trusts sponsored by CIM Group have agreed to merge in separate stock-for-stock transactions. var pw = document.getElementById(e.c).parentNode.offsetWidth, For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57 . Each special committee recommended approval of the merger agreement to its respective Board of Directors. The Combined Company will provide several benefits for stockholders and will be well-positioned to navigate the post-COVID economic environment with enhanced financial and operational flexibility and efficiency, making the Combined Company more valuable, said Richard Ressler, Principal andCo-Founderof CIM Group. e.gh : e.el; This information should not be relied upon or construed as legal advice. The company noted that the transactions are expected to close concurrently but are not cross-conditioned on the consummation of the others. June 16, 2022. CIM Real Estate Finance Trust, Inc. ("CMFT"), Cole Office & Industrial REIT (CCIT III), Inc. ("CCIT III") and Cole Credit Property Trust V, Inc. ("CCPT V") today announced that CMFT has acquired each of CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. CMFT is managed by affiliates of CIM. border-bottom: solid 1px #163a64; CMFT and INAV are non-traded REITs managed by affiliates of CIM Group, LLC ("CIM"). 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. market. if ( 'undefined' == typeof advadsProCfp ) { advadsCfpQueue.push( adID ) } else { advadsProCfp.addElement( adID ) } Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. LOS ANGELES--CIM Real Estate Finance Trust, Inc. (CMFT), Cole Office & Industrial REIT (CCIT III), Inc. (CCIT III) and Cole Credit Property Trust V, Inc. (CCPT V) today announced that CMFT has acquired each of CCIT III and CCPT V in separate stock-for-stock, tax-free merger transactions pursuant to definitive agreements executed in August 2020 and amended in October and November 2020. I always see my role as being more than an Executive Assistant; for example; I have arranged and managed large company-wide activities . xh . document.documentElement.classList.add( 2) There is no guarantee that a public market listing will take place within the expected time period or at all. programs of education, publications, 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. } Companies similar to Cim Real Estate Finance Trust Inc in the REITs - Commercial industry. } Information regarding the directors, executive officers and external advisors of INAV and CMFT is contained in the Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC by each entity on March 31, 2021, as amended by INAV on April 19, 2021 and as amended by CMFT on April 27, 2021. This transaction is expected to close in the fourth quarter of 2021, subject to certain closing conditions, including INAV stockholder approval. The combined company after the Merger will retain the name CIM Real Estate Finance Trust, Inc. Uninitiated investors in non-traded REITs may come to learn too late that their ability to exit their investment position is limited. INAVis managed by affiliates of CIM. Information on this website should be regarded as opinion based on publicly available information and not as fact. Further, non-traded REITs are generally expensive investment products and typically include high up-front fees, including selling commissions to a third party broker-dealer, as well as organizational expenses and offering costs. The Earnings Estimate Revisions Grade takes into account the magnitude of a companys earnings surprise in its last two reported fiscal quarters. CMFT, CCIT III and CCPT V arenon-tradedREITs managed by affiliates of CIM Group, LLC (CIM). For more information, visitwww.cimgroup.com. AAII can help you figure these out and identify which investments align with what works best for you. overflow: hidden; CC CMFT equity value assumes a 10.6% premium paid in consideration on all INAV shares outstanding as of 7/31/2021. This communication includes certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. Contacting us does not guarantee that the firm will undertake representation of you. The pro forma combined company . for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; It believes that there is significant latent value within SIGT's portfolio, and due to wide disparities in the market, there are . Transactions are expected to close in the fourth quarter of 2021, to... 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