Creative Media & Community Trust reported a FY 2025 net loss of USD 39.58 million, widening 54%, as total revenues fell 6% to USD 116.67 million. Total expenses rose 3% to USD 152.67 million, and the company recorded USD 3.69 million of impairment of real estate tied to an office property in Austin and a multifamily development site in Oakland. FFO attributable to common stockholders was a loss of USD 31.49 million, narrowing 32%, primarily due to lower redeemable preferred stock redemptions and dividends. By segment, office revenue declined 8% to USD 50.14 million due to lower occupancy in Oakland, Los Angeles and San Francisco, while multifamily revenue fell 19% to USD 15.78 million on lower occupancy and lower rent net of concessions. The company said it expects to receive net cash proceeds of about USD 31.2 million from the January 2026 sale of its lending unit, and noted office occupancy was 74.8% as of Dec. 31, 2025, up 4.2 percentage points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000908311-26-000018), on March 10, 2026, and is solely responsible for the information contained therein.