Company: CMCT
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000908311-25-000038
Chunk: 81

Company: Creative Media & Community Trust Corp
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 81
---
 Company agreed to compensate CCO Capital, as the dealer manager for the offering, as follows: (1) a dealer manager fee of up to 3.00% of the selling price of each share of Series A1 Preferred Stock sold and (2) selling commissions of up to 7.00% of the selling price of each share of Series A1 Preferred Stock sold. The Company has been informed that CCO Capital generally reallows 100% of the selling commissions on sales of Series A1 Preferred Stock and generally reallows substantially all of the dealer manager fee on sales of Series A1 Preferred Stock, to participating broker-dealers. In addition, pursuant to the Third Amended and Restated Dealer Manager Agreement, CCO Capital will no longer solicit or make any offers for the sale of shares of Series A Preferred Stock or Series D Preferred Stock.The Company recorded fees and expense reimbursements as shown in the table below for services provided by related parties related to the services described above during the periods indicated (in thousands):

31

Table of ContentsCREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTSMarch 31, 2025 (Unaudited) – (Continued)

Three Months Ended March 31, 20252024Asset Management Fees:Asset management fees$360 $394 Property Management Fees and Reimbursements:Property management fees(1)$554 $583 Onsite management and other cost reimbursements(2)$1,760 $1,730 Leasing commissions(3)$129 $55 Construction management fees(4)$232 $52 Development management reimbursements(5)$402 $422 Administrative Fees and Expenses:Expense reimbursements to related parties - corporate$626 $605 Lending Segment Expenses:Expense reimbursements to related parties - lending segment(6)$659 $563 Offering-Related Fees:Upfront dealer manager and trailing dealer manager fees(7)$— $267 Non-issuance specific offering costs (8)$— $210 ______________________(1)Does not include the Company’s share of the property management fees from the Unconsolidated Joint Ventures of $20,000 and $25,000 for the three months ended March 31, 2025 and 2024, respectively. (2)Does not include the Company’s share of the onsite management and other cost reimbursements from the Unconsolid