Creative Media & Community Trust Corporation has completed the sale of its lending division to PG FR Holding, LLC, an affiliate of Atlanta-based Peachtree Group. The purchase price was approximately $44.9 million, net of the outstanding debt related to a 2023 securitization of certain loan receivables. After accounting for debt payments, transaction expenses, and other adjustments, the company received net cash proceeds of about $31.2 million. The sale supports efforts to strengthen the balance sheet, improve liquidity, and expand the multifamily portfolio.
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 Business Wire (Ref. ID: 20260122273277) on January 22, 2026, and is solely responsible for the information contained therein.