Company: CMCT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0000908311-25-000067
Chunk: 94

Company: Creative Media & Community Trust Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 94
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 2024, respectively. (4)Does not include the Company’s share of the construction management fees from the Unconsolidated Joint Ventures of $65,000 and $123,000 for the three and six months ended June 30, 2025, respectively, and $35,000 and $122,000 for the three and six months ended June 30, 2024, respectively.(5)Does not include the Company’s share of the development management reimbursements from the Unconsolidated Joint Ventures of $86,000 and $261,000 for the three and six months ended June 30, 2025, respectively, and $205,000 and $384,000 for the three and six months ended June 30, 2024, respectively. (6)Expense reimbursements to related parties - lending segment do not include personnel costs capitalized to deferred loan origination costs of $6,000 and $24,000 for the three and six months ended June 30, 2025, respectively, and $30,000 and $60,000 for the three and six months ended June 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 June 30, 2025 and 2024, $0 and $3.0 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 STATEMENTSJune 30, 2025 (Unaudited) – (Continued)

As of June 30, 2025 and December 31, 2024, due to related parties consisted of the following (in thousands):  June 30, 2025December 31, 2024Asset management fees$709 $1,403 Property management fees and reimbursements8,624 8,237 Expense reimbursements - corporate1,989 1,676 Expense reimbursements