Creative Media & Community Trust Corporation reported a net loss attributable to common stockholders of $17.7 million, or $23.5 per diluted share, for the third quarter of 2025. Funds from operations attributable to common stockholders (FFO) was negative $11.1 million, or $14.8 per diluted share, and Core FFO was negative $10.5 million, or $14.0 per diluted share. The company's real estate portfolio office segment was 73.6% leased; excluding the Oakland office asset, the leased percentage was 86.6%, up from 81.7% at the end of 2024. The company executed 81,000 square feet of leases with terms longer than 12 months and refinanced an $81.0 million mortgage loan at a multifamily property in Oakland, extending its maturity to January 2027. On November 6, 2025, the company entered into an agreement to sell its lending business for approximately $44 million. Total segment net operating income for the quarter was $7.0 million, compared to $7.6 million in the same period in 2024.