Revenue: As of FY2026 Q1, the actual value is USD 29.42 M.EPS: As of FY2026 Q1, the actual value is USD -70.52.EBIT: As of FY2026 Q1, the actual value is USD 8.933 M.Creative Media &amp; Community Trust Corporation (CIM 商业信托) issued a press release on May 8, 2026, announcing its financial results for the period ended March 31, 2026, along with a Q1 2026 Shareholder Presentation.<h3>Financial Results Highlights (Three Months Ended March 31, 2026 vs. 2025)</h3><h4>Net Loss Attributable to Common Stockholders</h4><ul><li>2026: - $34.7 million</li><li>2025: - $11.9 million</li><li>YoY Change: The net loss increased by - $22.8 million, primarily due to an increase in redeemable preferred stock redemptions of - $21.9 million and a - $1.9 million decrease in segment net operating income.</li></ul><h4>Funds from Operations (FFO) Attributable to Common Stockholders</h4><ul><li>2026: - $28.8 million</li><li>2025: - $5.4 million</li><li>YoY Change: The decrease was mainly attributed to a - $21.9 million increase in redeemable preferred stock redemptions, a - $1.9 million decrease in segment net operating income, and a - $705,000 increase in loss on early extinguishment of debt, partially offset by a - $1.3 million decrease in redeemable preferred stock dividends.</li></ul><h4>Core FFO Attributable to Common Stockholders</h4><ul><li>2026: - $5.9 million</li><li>2025: - $5.1 million</li></ul><h4>Undepreciated Common Book Value</h4><ul><li>As of March 31, 2026: $147.22 per share.</li></ul><h4>Total Segment Net Operating Income (NOI)</h4><ul><li>2026: $9.8 million</li><li>2025: $11.8 million</li></ul><h4>Segment Revenue</h4><ul><li>Total Revenues (2026): $29.417 million<ul><li>Rental and other property income: $16.298 million</li><li>Hotel income: $11.877 million</li><li>Interest and other income: $1.242 million</li></ul></li><li>Total Revenues (2025): $32.295 million<ul><li>Rental and other property income: $17.220 million</li><li>Hotel income: $12.134 million</li><li>Interest and other income: $2.941 million</li></ul></li></ul><h3>Segment Operating Performance (Three Months Ended March 31, 2026 vs. 2025)</h3><h4>Office Segment</h4><ul><li>Same-Store Office Segment NOI: $6.5 million in 2026, down from $7.1 million in 2025.</li><li>Same-Store Office Cash NOI: $6.9 million in 2026, down from $7.8 million in 2025.</li><li>Leased Percentage: 73.1% as of March 31, 2026 (up 170 basis points YoY on a same-store basis); excluding the Oakland Office Building, the leased percentage was 85.7% (up 470 basis points YoY).</li><li>Occupied Percentage: 73.1% as of March 31, 2026 (up 290 basis points YoY on a same-store basis).</li><li>Annualized Rent per Occupied Square Foot (Same-Store): $58.47 in 2026, compared to $61.14 in 2025.</li><li>Leasing Activity: 20,562 square feet of leases with terms longer than 12 months were executed in the same-store office portfolio.</li></ul><h4>Hotel Segment</h4><ul><li>Hotel Segment NOI: $4.0 million in 2026, down from $4.7 million in 2025.</li><li>Occupancy: 78.5% in 2026, down from 80.0% in 2025.</li><li>Average Daily Rate (ADR): $227.75 in 2026, up from $220.57 in 2025.</li><li>Revenue per Available Room (RevPAR): $178.71 in 2026, up from $176.47 in 2025.</li></ul><h4>Multifamily Segment</h4><ul><li>Multifamily Segment NOI: - $613,000 in 2026, compared to - $620,000 in 2025.</li><li>Occupancy: 89.6% as of March 31, 2026, up from 80.2% as of March 31, 2025.</li><li>Monthly Rent per Occupied Unit: $2,493 in 2026, up from $2,461 in 2025.</li><li>Net Monthly Rent per Occupied Unit: $2,156 in 2026, down from $2,341 in 2025.</li><li>Same-Store Multifamily Portfolio Occupancy: 91.4% as of March 31, 2026, an 1,120 basis point improvement from Q1 2025.</li></ul><h3>Asset Sales and Debt</h3><ul><li>Lending Business Sale (First Western): Completed for approximately $44.9 million, yielding net cash proceeds of approximately $31.2 million.</li><li>Preferred Stock Redemptions: Approximately $242.8 million of Preferred Stock was redeemed in March 2026, bringing the total redeemed since September 2024 to approximately $396.2 million.</li><li>Lending Division Revolving Credit Facility: The remaining balance of $10.4 million was repaid in full.</li><li>Debt, net: $500,078 million as of March 31, 2026, compared to $509,768 million as of December 31, 2025.</li><li>Total Liabilities: $535,486 million as of March 31, 2026, compared to $592,938 million as of December 31, 2025.</li></ul><h3>Outlook / Guidance</h3>Creative Media &amp; Community Trust Corporation expects the March Redemption to significantly reduce preferred dividends and improve FFO by approximately $16.0 million per year, returning the capital structure to its long-term target. The company anticipates finalizing renovations at 11600 Wilshire Boulevard in the first half of 2026 to boost leasing activity and is exploring converting underutilized hotel space into additional rooms. Additionally, the company is evaluating further asset sales, seeking an extension for the Oakland office asset’s mortgage maturing in Q3 2026, and discussing refinancing options for the Sheraton Hotel.

Creative Media & Community Trust | 8-K: FY2026 Q1 Revenue: USD 29.42 M