Creative Media & Community Trust Corporation (CMCT) Misses Q2 EPS by 1c
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Creative Media & Community Trust Corporation Reports 2022 Second Quarter Results
August 9, 2022 8:00 AM EDTDALLAS--(BUSINESS WIRE)-- Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT-L) (we, our, CMCT, or the Company), today reported operating results for the three and six months ended June 30, 2022.
Second Quarter 2022 Highlights
Real Estate Portfolio
Stabilized office portfolio(1) was 87.2% leased. Executed 39,392 square feet of leases with terms longer than 12 months. Purchased a Jefferson Park, Los Angeles property for $5.7 million. The Company intends to develop approximately 114 residential units.Financial Results
Net loss attributable to common stockholders of $2.3... More