Quarterlytics / Real Estate / REIT - Office / CIM Commercial Trust Corporation

CIM Commercial Trust Corporation

CMCT · NASDAQ Real Estate
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Ticker CMCT
Exchange NASDAQ
Sector Real Estate
Industry REIT - Office
Employees 1-10

Business description

Creative Media & Community Trust Corporation (CMCT) is a Texas-based real estate investment trust (REIT) that boasts an impressive portfolio of Class A and creative office assets in metropolitan areas across the United States. In addition to owning and operating these assets, CMCT also focuses on improving and developing them. On the other hand, CIM Commercial Trust Corporation (NASDAQ: CMCT) is a well-diversified REIT that invests primarily in stabilized office assets located in high density, high barrier-to-entry urban markets such as San Francisco Bay Area, Washington D.C., and Los Angeles. Managed by CIM Group, a seasoned team of real estate and investment professionals with extensive expertise, CIM Commercial Trust has a lending platform through which it deploys a portion of its capital to Small Business Administration 7(a) Guaranteed Loan Program borrowers. Both CMCT and CIM Commercial Trust benefit from the in-house research, acquisition, investment, development, finance, leasing, and asset management capabilities of CIM Group. While CIM Commercial Trust primarily operates in Los Angeles and San Francisco Bay Area, its counterpart, CMCT operates in vibrant, widely spread metropolitans across the US. Founded in 1993, CMCT has emerged as a leading entity in the real estate industry and is admired for its multi-disciplinary expertise and onsite property management capabilities.

cimgroup.com/cim-commercial
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Company facts
TickerCMCT
ExchangeNASDAQ
Sector Real Estate
Industry REIT - Office
Employees1-10