Creative Media & Community Trust Corporation Reports Q2 2025 Net Loss of $14.3M, EPS at $(18.94), Down from Q2 2024's $9.7M Loss

Reuters
08/13
Creative Media & Community Trust Corporation Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Loss of $14.<a href="https://laohu8.com/S/MMM">3M</a>, EPS at $(18.94), Down from Q2 2024's $9.7M Loss

Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) reported its second-quarter results for 2025. The company experienced a net loss attributable to common stockholders of $14.3 million for the three months ended June 30, 2025, compared to a net loss of $9.7 million for the same period in 2024. The loss per diluted share of Common Stock was $18.94, a change from $98.64 per share in the previous year. The decrease in net loss was primarily influenced by a reduction of $6.4 million in segment net operating income. Total segment net operating income was $9.8 million for the second quarter of 2025, down from $16.2 million in the same quarter of 2024. The same-store office segment net operating income was $5.5 million, a decrease from $8.9 million in the corresponding period of the previous year. The company's real estate portfolio consisted of 27 assets, including office, hotel, and multifamily properties, as well as a lending business segment. Notable business updates include the execution of 47,859 square feet of leases with terms longer than 12 months and the signing of a lease for 30,831 square feet at an office property in Austin, Texas. Additionally, the company closed a $35.5 million variable-rate mortgage on an office property in Austin, using part of the proceeds to repay outstanding obligations under the 2022 Credit Facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000908311-25-000062), on August 13, 2025, and is solely responsible for the information contained therein.

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