Creative Media & Community Trust Corp Files 8-K

TL;DR

CMCT filed an 8-K on Feb 6th for 'Other Events' - check it out.

AI Summary

Creative Media & Community Trust Corp. filed an 8-K on February 12, 2025, reporting an event that occurred on February 6, 2025. The filing pertains to 'Other Events' and includes information about the company's common stock listed on XNMS and XTAE exchanges.

Why It Matters

This 8-K filing indicates a reportable event for Creative Media & Community Trust Corp, requiring disclosure to investors and the market.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for 'Other Events' without immediate indication of significant financial distress or major corporate changes.

Key Players & Entities

• Creative Media & Community Trust Corp (company) — Registrant
• February 6, 2025 (date) — Earliest event reported
• February 12, 2025 (date) — Date of report
• XNMS (exchange) — Stock exchange
• XTAE (exchange) — Stock exchange

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 Par Value CMCT Nasdaq Global Market C
• $15,000,000 — ding under the 2022 credit facility was $15,000,000. The foregoing description of the Fou

Filing Documents

• cmct-20250206.htm (8-K) — 31KB
• jpmorgan-cmctxcimurbanxfou.htm (EX-10.1) — 65KB
• 0000908311-25-000011.txt ( ) — 287KB
• cmct-20250206.xsd (EX-101.SCH) — 3KB
• cmct-20250206_def.xml (EX-101.DEF) — 18KB
• cmct-20250206_lab.xml (EX-101.LAB) — 32KB
• cmct-20250206_pre.xml (EX-101.PRE) — 19KB
• cmct-20250206_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. As previously disclosed, in December 2022, certain wholly-owned subsidiaries of Creative Media & Community Trust Corporation (the "Company"), consisting of 9460 Wilshire Blvd (BH) Owner, L.P., CIM/11600 Wilshire (Los Angeles), LP, CIM/11620 Wilshire (Los Angeles), LP, 1130 Howard (SF) Owner, L.P., CIM Urban REIT Properties IX, L.P., CIM/J Street Hotel Sacramento, L.P., CIM/J Street Garage Sacramento, L.P., and Two Kaiser Plaza (Oakland) Owner, LLC (each, a "Borrower" and, together, the "Borrowers"), entered into an Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders from time to time party thereto (the "Credit Agreement"). On January 31, 2025, the Company entered into a Fourth Modification Agreement with JPMorgan Chase Bank, N.A., as administrative agent and lender (the "Fourth Modification Agreement") pursuant to which the credit facility's maturity date was extended from January 31, 2025 to March 31, 2025. As of the date of the Fourth Modification Agreement, the remaining aggregate principal balance outstanding under the 2022 credit facility was $15,000,000. The foregoing description of the Fourth Modification Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Fourth Modification Agreement, a copy of which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit Number Exhibit Description 10.1 10.1 Fourth Modification Agreement, dated January 31, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CREATIVE MEDIA & COMMUNITY TRUST CORPORATION Dated: February 12, 2025 By: /s/ Barry N. Berlin Barry N. Berlin Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR