Creative Media Q4 net loss widens

Reuters
Mar 09
Creative Media Q4 net loss widens

Overview

  • Real estate investment trust's Q4 net loss was $17.7 mln

  • Company completed sale of lending business for $44.9 mln

  • Company plans to redeem preferred stock, improving FFO by $16 mln annually

Outlook

  • Company aims to boost multifamily net operating income by increasing occupancy and market rents

  • CMCT has completed hotel renovations, setting the property up well for 2026 and beyond

Result Drivers

  • OFFICE LEASING - CMCT executed 182,120 sq ft of office leases in 2025, with significant occupancy improvements at certain properties

  • MULTIFAMILY GROWTH - Multifamily occupancy improved, driven by new developments and market rent renewals

Company press release: ID:nBw52YJp6a

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

-$11.2

Q4 Net Income

-$17.7 mln

Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the commercial reits peer group is "hold"

  • Wall Street's median 12-month price target for Creative Media & Community Trust Corporation is $4.00, about 74.7% above its March 6 closing price of $2.29

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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