Company: CMCT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0000908311-25-000096
Chunk: 45

Company: Creative Media & Community Trust Corp
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 45
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,677 $4,327 Other amounts due from Unconsolidated Joint Venture partners included in other assets$396 $396 Accrued preferred stock offering costs $— $714 Accrual of dividends payable to preferred stockholders$5,280 $2,045 Preferred stock offering costs offset against redeemable preferred stock in permanent equity$— $508 Preferred stock offering costs offset against redeemable preferred stock in temporary equity$— $912 Reclassification of Series A1 Preferred Stock from temporary equity to permanent equity$20,799 $— Deferred debt origination costs included in accounts payable$5 $— Write off of deferred debt origination costs $158 $— Redeemable preferred stock deemed dividends$— $755 Accrued redeemable preferred stock fees$183 $191 Write-off of preferred stock deferred offering costs $— $5,123 

The accompanying notes are an integral part of these consolidated financial statements.

6

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

1. ORGANIZATION AND OPERATIONSCreative Media & Community Trust Corporation (the “Company”) is a Maryland corporation and real estate investment trust (“REIT”). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration (“SBA”) 7(a) loan program. The Company seeks to apply the expertise of CIM Group Management, LLC (“CIM Group”) and its affiliates to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.The Company’s common stock, $0.001 par value per share (“Common Stock”), is currently traded on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “CMCT.” On August 15, 2025, the Company voluntarily delisted its Common Stock from the Tel Aviv Stock Exchange (the “TASE”), where it had previously been listed under the ticker symbol “CMCT.” See Part II Item