Every material Form 8-K Creative Media & Community Trust Corp has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Creative Media & Community Trust Corporation (CMCT) reported a second-quarter 2026 net loss attributable to common stockholders of $11.0 million, or $4.03 per diluted share, compared with $14.3 million a year earlier. Total revenues were $29.7 million, roughly flat year over year, while total segment net operating income fell 5.2% to $9.3 million. The company also said it elected not to invest the capital needed to refinance the Oakland Office Building mortgage, which had an outstanding balance of $97.1 million and matured in the third quarter of 2026.
Net loss attributable to common stockholders was $11.0 million for the quarter ended June 30, 2026, versus $14.3 million in the same period of 2025.
FFO was $(3.5) million and Core FFO was $(3.4) million, compared with $(7.9) million and $(7.0) million a year earlier.
Total segment NOI decreased 5.2% to $9.3 million, while NOI excluding loss from unconsolidated entities rose 22.2% to $12.5 million.
The $97.1 million non-recourse mortgage on the Oakland Office Building matured in the third quarter of 2026; the company continues to engage with the servicer on a long-term resolution.
Creative Media & Community Trust received a default notice on July 9, 2026 for the non-recourse mortgage on 1 Kaiser Plaza, which matured July 1, 2026. The company said it chose not to invest additional capital needed to refinance, and the lender has demanded immediate repayment and is collecting property rents, so shareholders face possible loss of this asset and uncertain resolution terms.
Notice of maturity default received July 9, 2026 on the 1 Kaiser Plaza mortgage, which matured July 1, 2026
Aggregate outstanding principal balance of the loan is $97.1 million as of the filing date
Lender has demanded immediate payment in full; property rents are now held for the lender and default interest may apply
Company remains current on monthly interest payments and is evaluating options, with no assurance on timing or outcome
Creative Media & Community Trust reported a net loss attributable to common stockholders of $34.7 million for the first quarter of 2026, up from $11.9 million a year earlier, and an FFO loss of $28.8 million. The company attributed the increase mainly to a $21.9 million rise in preferred stock redemptions and a $1.9 million decline in segment net operating income. Per-share figures are adjusted for two 1-for-10 reverse stock splits, and management said the March 2026 preferred redemption is expected to improve FFO by about $16.0 million per year.
Net loss attributable to common stockholders was $34.7 million, or $70.52 per diluted share, for the quarter ended March 31, 2026, versus $11.9 million, or $1,983.00 per diluted share, a year earlier.
FFO was $(28.8) million, or $(58.47) per diluted share; Core FFO was $(5.9) million, or $(11.89) per diluted share.
The company sold its First Western lending business on January 21, 2026, for a purchase price of approximately $44.9 million, with net cash proceeds of approximately $31.2 million.
In March 2026 the company redeemed approximately $242.8 million of preferred stock into common stock, which it expects to significantly reduce preferred dividends beginning in the second quarter of 2026.
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