Company: CMCT
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0000908311-25-000017
Chunk: 144

Company: Creative Media & Community Trust Corp
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 144
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.9 %1,551 2.8 %57.92 203412,383 1.4 %714 1.3 %57.66 Thereafter (6)26,137 2.9 %2,948 5.3 %112.79 Total Occupied916,848 100.0 %$55,452 100.0 %$60.48 Vacant381,904 Total Office1,298,752 

Note: Represents 100% of the consolidated and unconsolidated office portfolios, regardless of our ownership percentage.    

(1)Includes 4,371 square feet of month-to-month leases as of December 31, 2024. 

(2)Includes 6,524 square feet (approximately 0.7% of total portfolio occupied square footage) of leases with tenant-controlled early termination options to terminate prior to 2027. 

(3)Includes 3,572 square feet (approximately 0.4% of total portfolio occupied square footage) of leases with tenant-controlled early termination options to terminate prior to 2029. 

(4)Includes 2,313 square feet (approximately 0.3% of total portfolio occupied square footage) of leases with tenant-controlled early termination options to terminate prior to 2030.

(5)Includes 25,845 square feet (approximately 2.8% of total portfolio occupied square footage) of leases with tenant-controlled early termination options to terminate prior to 2032.

(6)Includes 7,980 square feet (approximately 0.9% of total portfolio occupied square footage) of leases with tenant-controlled early termination options to terminate prior to 2035. 

55

Property Indebtedness as of December 31, 2024

OutstandingBalance DuePrincipalAt MaturityBalanceInterestMaturityDateProperty(in thousands)RateDate(in thousands)1 Kaiser Plaza (1)$97,100 4.14%7/1/2026$97,100 Channel House87,000 SOFR + 3.36%7/7/202587,000 1150 Clay67,000 6.25%6/7/202567,000 Sheraton Grand Hotel84,346 SOFR + 4.35%1/1/202784,346 9460 Wilshire Boulevard, 11620 Wilshire Boulevard, 11600 Wilshire Boulevard