Creative Media & Community Trust Corporation

NASDAQ CMCT

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Creative Media & Community Trust Corporation Receivables 5 year CAGR for the quarter ending March 31, 2024: -30.12%

Creative Media & Community Trust Corporation Receivables 5 year CAGR is -30.12% for the quarter ending March 31, 2024, a -233.86% change year over year. Receivables are amounts owed to the company by customers for goods sold or services rendered. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Creative Media & Community Trust Corporation Receivables for the quarter ending March 31, 2023 was USD 104.32 M, a -11.68% change year over year.
  • Creative Media & Community Trust Corporation Receivables for the quarter ending March 31, 2022 was USD 118.11 M, a -3.11% change year over year.
  • Creative Media & Community Trust Corporation Receivables for the quarter ending March 31, 2021 was USD 121.90 M, a 16.78% change year over year.
  • Creative Media & Community Trust Corporation Receivables for the quarter ending March 31, 2020 was USD 104.39 M, a -16.45% change year over year.
NASDAQ: CMCT

Creative Media & Community Trust Corporation

CEO Mr. David A. Thompson CPA, CPA
IPO Date Aug. 18, 1995
Location United States
Headquarters 17950 Preston Road, Dallas, TX, United States, 75252
Employees 5
Sector Real Estate
Industry Reit - office
Description

Creative Media & Community Trust Corporation (the "Company"), is a Maryland corporation and real estate investment trust ("REIT"). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments. The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration ("SBA") 7(a) loan program. The Company seeks to apply the expertise of CIM Group Management, LLC and its affiliates (collectively, "CIM Group") to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.

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StockViz Staff

September 19, 2024

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