Creative Media & Community Trust Corporation (CMCT)
Creative Media & Community Trust Corporation operates in the REIT - Office industry of the Real Estate sector, headquartered in Los Angeles, CA, US. The stock last traded at $4.65, up 0.00% on the session, giving a market capitalisation of $13.7M. On trailing twelve-month figures it carries a trailing P/E of -0.04, a net margin of -36.2%. Its beta of 0.82 implies it has historically moved less than the broad market.
Creative Media & Community Trust Corporation (CMCT) is a real estate investment trust. It owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM Group, L.P. to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment characteristics to its creative office investments. CMCT also owns one hotel in Northern California. CMCT is operated by affiliates of CIM Group, L.P., a vertically integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities. Creative Media & Community Trust Corporation was established on April 06, 1993 and is incorporated in Maryland.
Creative Media & Community Trust Corporation is most often compared with the following Real Estate names: