Creative Media & Community Trust CORP 8-K filings

Creative Media & Community Trust has signed a non-binding letter of intent to extend a lease with its largest tenant at 1 Kaiser Plaza in Oakland, California, for 152,966 square feet of office space through February 2027.

Creative Media & Community Trust Corporation reported a net loss of $34.8 million for Q3 2024 and received a delisting notice from Nasdaq due to its stock price falling below $1.00.

Creative Media & Community Trust Corporation has successfully negotiated a third modification to its 2022 credit agreement, reducing its aggregate commitments and establishing a cash flow sweep mechanism.

Creative Media & Community Trust Corporation issued a total of 60,527,087 shares of common stock to satisfy the redemption of approximately 4.8 million shares of Series A and A1 preferred stock.

Creative Media & Community Trust Corporation will redeem approximately 4.8 million shares of preferred stock by issuing an undetermined number of common stock shares.

Creative Media & Community Trust Corporation reported a net loss of $9.7 million for the second quarter of 2024, while also showing improvements in core FFO and net operating income across its real estate segments.

Creative Media & Community Trust Corporation held its annual meeting on August 1, 2024, where shareholders voted on director elections, charter amendments related to preferred stock dividends, executive compensation, and the ratification of the company's auditor.

Creative Media & Community Trust Corporation has amended its dealer manager agreement to continue its offering of up to $400 million in Series A1 Preferred Stock, reducing the dealer manager fee from 3% to 2%.

Creative Media & Community Trust Corporation reported a net loss for Q1 2024, while showing improvements in some areas and actively evaluating asset sales to reduce debt.

Creative Media & Community Trust Corporation reported a net loss for Q4 2023, while making progress in multifamily occupancy and development projects.