Creative Media & Community Trust Corporation

Creative Media & Community Trust Corporation (CMCT) is a real estate investment trust (REIT) that specializes in acquiring, owning, and managing creative office and premier multifamily properties across the United States. The company primarily focuses on vibrant metropolitan communities, including Los Angeles, the San Francisco Bay Area, and Washington, D.C. CMCT is operated by affiliates of CIM Group, L.P., a vertically integrated owner and operator of real assets with expertise in research, acquisition, development, finance, leasing, and property management.

CMCT's investment strategy centers on properties that cater to rapidly growing industries such as technology, media, and entertainment. The company seeks to acquire and develop assets in communities characterized by high barriers to entry, high population density, positive population trends, and a propensity for growth. By focusing on these areas, CMCT aims to create value through repositioning, re-leasing, active management, and development, thereby enhancing the value of real estate assets in these markets.

As of September 30, 2023, CMCT's real estate portfolio consisted of 26 assets, including office properties and multifamily developments. The company's approach emphasizes community-focused investments, leveraging its in-house capabilities to manage and operate assets effectively. CMCT's commitment to community and disciplined investment approach has enabled it to generate strong risk-adjusted returns across multiple market cycles, capitalizing on market inefficiencies and distressed situations.