Leasing activity: About 140,000 square feet of rental contracts until July 2025, an increase of 55 % over the previous year.
Core FFO: Negative $ 7.2 million for the second quarter of 2025.
Net operating income (NOI): He decreased to $ 9.8 million from $ 11.8 million in the previous quarter.
NOI offices: He decreased by $ 1.6 million from the previous quarter.
Hotel NOI Sector: $ 4.2 million per quarter, a decrease from $ 4.7 million in the first quarter.
NOI multi -families: It increased by about $ 800,000 from the previous quarter.
NOI lending slice: He decreased by about $ 640,000.
Useful expenses: It increased by $ 1.3 million.
FFO: Negative 7.9 million dollars, or $ 10.42, negative per diluted share.
Debt deserves: It spanned multiple capabilities in the Gulf region.
Reverse stock division: 1-for-25 reverse division on April 15, 2025.
Release date: August 13, 2025
For a full copy of the profit call, please refer to the full profit call version.
Creative Media & Community Trust Corp (Nasdaq: CMCT) has implemented approximately 140,000 square feet of rental contracts until the end of July 2025, which represents an increase of 55 % over the previous year period.
The company has successfully achieved financing at the real estate level, allowing it to pay and facilitate credit for $ 169 million.
CMCT extended the maturity of debts on its multi -capacity property in 1150 clay in the Gulf region until the summer of 2026 and modified another multi -capacity property, House, which prompted its maturity to January 2027.
The company completed the renovations of all the guest rooms that exceed 500 people in the hotel’s assets, Sheridan Grand Sacramento, which led to a sharp increase on an annual basis in the Noi Q1.
The multi -capacity CMCT sector has witnessed an increase in NOI by about $ 800,000 from the previous quarter, due primarily to low unveiled losses and low costs in uniform property.
Core FFO was negative 7.2 million dollars, and the net total operating income decreased to $ 9.8 million from $ 11.8 million in the previous quarter.
The NOI office sector decreased by $ 1.6 million from the previous quarter due to the real estate tax benefits, the timing of the rented repayment revenues, and the tenant vacancies.
The Noi Hotel fell to $ 4.2 million per quarter compared to $ 4.7 million in the first quarter, and was affected by the planned renovations.
NOI reached a multi -capacity segment of $ 189,000 during the second quarter of 2025 compared to $ 2.3 million in the previous year, driven by an inconsistent loss to investment in real estate and low revenues.
The NOI lending department has decreased to a loss of $ 47,000 compared to NOI of $ 743,000 in the previous year, due primarily due to low interest revenues and increased credit losses.
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