USX:CMCT - Creative Media & Community Trust Creative Media & Community Tru
Sector: Real Estate, Industry: Office REITs
Next Earnings: 30 Apr 2024
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USD 3.35    -0.061 (-1.79%)

26 Apr 2024


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General

CEO: Mr. David A. Thompson CPA, CPA

IPO: 1995-08-18

Headquarters: US

Employees: 5

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Description

Creative Media & Community Trust is formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through segments such as office, hotel and multifamily properties and lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.

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