Company: CMCT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0000908311-25-000096
Chunk: 209

Company: Creative Media & Community Trust Corp
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 209
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000 and $625,000 for the three and nine months ended September 30, 2024, respectively. (6)Expense reimbursements to related parties - lending segment do not include personnel costs capitalized to deferred loan origination costs of $24,000 and $48,000 for the three and nine months ended September 30, 2025, respectively, and $24,000 and $84,000 for the three and nine months ended September 30, 2024, respectively. (7)Represents fees earned by CCO Capital and allocated to Series A1 Preferred Stock, Series A Preferred Stock and Series D Preferred Stock. (8)As of September 30, 2025 and 2024, $0 and $3.2 million, respectively, was included in deferred costs as reimbursable expenses incurred pursuant to the Master Services Agreement and the then applicable dealer manager agreement with CCO Capital. These non-issuance specific costs are allocated against the gross proceeds from the sale of the Series A1 Preferred Stock, Series A Preferred Stock and Series D Preferred Stock on a pro rata basis for each issuance as a percentage of the total offering. 

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Table of ContentsCREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSSeptember 30, 2025 (Unaudited) – (Continued)

As of September 30, 2025 and December 31, 2024, due to related parties consisted of the following (in thousands):  September 30, 2025December 31, 2024Asset management fees$1,040 $1,403 Property management fees and reimbursements11,196 8,237 Expense reimbursements - corporate3,163 1,676 Expense reimbursements - lending segment2,687 1,994 Upfront dealer manager and trailing dealer manager fees 40 186 Non-issuance specific offering costs— 289 Other amounts due to the CIM Management Entities and certain of its affiliates485 283 Total due to related parties$18,611 $14,068 Investments with Affiliates of CIM GroupIn February 2022, the Company invested with the 1910 Sunset JV Partner, a CIM-managed separate account, in the 1910 Sunset JV which purchased an office property in Los Angeles, California for a gross purchase price of approximately $51.0