Real estate investment trust (REIT) focused on acquiring, owning, and operating lifestyle-oriented commercial properties.
Creative Media & Community Trust Corporation, operating under CIM Commercial Trust Corporation (NASDAQ: CMCT), functions as a real estate investment trust specializing in the acquisition, ownership, and operation of Class A and creative office assets across vibrant metropolitan communities throughout the United States. These assets include properties in dynamic urban markets undergoing improvement and development initiatives, aligning with CIM Commercial Trust's strategic investment focus.
Managed by CIM Group, L.P., a prominent real asset owner and operator, CIM Commercial Trust benefits from a seasoned team of real estate and investment professionals. This team offers extensive expertise across various disciplines, including in-house research, acquisition, investment, development, finance, leasing, and asset management. This comprehensive approach ensures CIM Commercial Trust's ability to maximize asset value and capitalize on evolving market opportunities.
In addition to its real estate investments, CIM Commercial Trust Corporation allocates a portion of its capital to a real estate lending platform operated through its subsidiary. This platform specializes in originating and servicing loans under the U.S. Small Business Administration 7(a) Guaranteed Loan Program, supporting small businesses across the nation.
Founded in 1993 and headquartered in Dallas, Texas, Creative Media & Community Trust Corporation continues to expand its portfolio strategically under the guidance of CIM Group's integrated capabilities. The company maintains a strong presence in key markets such as Los Angeles and the San Francisco Bay Area, emphasizing high-density urban locations with significant barriers to entry, thereby solidifying its position as a leading player in the commercial real estate sector.