Creative Media & Community Trust | 8-K: FY2025 Q2 Revenue: USD 29.69 M

Revenue: As of FY2025 Q2, the actual value is USD 29.69 M.

EPS: As of FY2025 Q2, the actual value is USD -18.94.

EBIT: As of FY2025 Q2, the actual value is USD -8.993 M.

Net loss attributable to common stockholders was - $14.3 million, or - $18.94 per diluted share for the three months ended June 30, 2025, compared to - $9.7 million, or - $98.64 per diluted share for the same period in 2024.

FFO attributable to common stockholders was - $7.9 million, or - $10.42 per diluted share for the three months ended June 30, 2025, compared to - $3.3 million, or - $33.46 per diluted share for the same period in 2024.

Core FFO attributable to common stockholders was - $7.2 million, or - $9.53 per diluted share for the three months ended June 30, 2025, compared to - $2.1 million, or - $21.93 per diluted share for the same period in 2024.

Same-store office Segment NOI was $5.5 million for the three months ended June 30, 2025, a decrease from $8.9 million in the same period in 2024.
Same-store office Cash NOI was $5.8 million for the three months ended June 30, 2025, a decrease from $9.9 million in the same period in 2024.
The office portfolio was 68.1% occupied and 70.3% leased as of June 30, 2025.

Hotel Segment NOI was $4.2 million for the three months ended June 30, 2025, a decrease from $4.3 million for the same period in 2024.
Occupancy was 78.4% for the three months ended June 30, 2025, compared to 79.9% for the same period in 2024.
Average daily rate was $212.92 for the three months ended June 30, 2025, compared to $210.54 for the same period in 2024.
Revenue per available room was $166.83 for the three months ended June 30, 2025, compared to $168.30 for the same period in 2024.

Multifamily Segment NOI was $189,000 for the three months ended June 30, 2025, compared to $2.3 million for the same period in 2024.
The multifamily segment was 83.4% occupied as of June 30, 2025, compared to 92.5% as of June 30, 2024.
Monthly rent per occupied unit was $2,458 as of June 30, 2025, compared to $2,647 as of June 30, 2024.
Net monthly rent per occupied unit was $2,284 as of June 30, 2025, compared to $2,469 as of June 30, 2024.

Lending Segment NOI was a loss of $47,000 for the three months ended June 30, 2025, compared to income of $743,000 for the same period in 2024.

On April 15, 2025, the previously announced 1-for-25 reverse stock split of Common Stock became effective.
In April 2025, closed a $35.5 million variable-rate mortgage on an office property in Austin, Texas.
In June 2025, a subsidiary closed on a $20.0 million revolving credit facility secured by the unguaranteed portion of SBA 7(a) loans receivable and other assets, with an outstanding balance of $8.3 million as of June 30, 2025.

Declared preferred stock dividends on Series A, Series A1, and Series D Preferred Stock for the second quarter of 2025.
Series A Preferred Stock: $0.34375 per share.
Series A1 Preferred Stock: $0.426875 per share.
Series D Preferred Stock: $0.353125 per share.

The company plans to accelerate its focus towards premier multifamily assets, strengthen its balance sheet, and improve liquidity.
The company has completed four refinancings across seven assets and extended debt maturities on two multifamily assets since September 2024.
The company anticipates commencing upgrades to the public spaces of its hotel later this year, setting the property up well for 2026 and beyond.
CMCT plans to continue evaluating asset sales and intends to upsize the Penn Field mortgage to fund strong leasing activity.
The company aims to improve property-level performance and grow its premier multifamily portfolio, with significant progress on hotel renovation and strong office leasing activity.
CMCT’s strategy is designed to benefit from the trend toward a more cohesive work/live lifestyle, leveraging its asset-light development approach and attractive pipeline of next-generation properties.