CIM Real Estate Finance Trust, Inc. is a real estate investment trust company, which engages in the acquisition of core commercial real estate assets consisting of retail and net lease properties. The company is headquartered in Phoenix, Arizona. The company went IPO on 2020-10-22. The firm is primarily focused on originating, acquiring, financing and managing shorter duration senior secured loans, other related credit investments and core commercial real estate. Its segments include Credit and Real estate. The Credit business segment engages primarily in acquiring and originating primarily floating rate first and second lien mortgage loans, either directly or through co-investments in joint ventures, related to real estate assets. This segment also includes investments in real estate-related securities, liquid corporate senior loans, and corporate senior loans. The Real estate engages primarily in acquiring and managing geographically diversified income-producing retail, industrial and office properties that are primarily single-tenant properties, which are leased to creditworthy tenants under long-term net leases.
Follow-Up Questions
Who is the CEO of CIM Real Estate Finance Trust Inc?
Mr. Richard Ressler is the Chairman of the Board of CIM Real Estate Finance Trust Inc, joining the firm since 2018.
What is the price performance of CMRF stock?
The current price of CMRF is $2.4, it has decreased 0% in the last trading day.
What are the primary business themes or industries for CIM Real Estate Finance Trust Inc?
CIM Real Estate Finance Trust Inc belongs to N/A industry and the sector is N/A
What is CIM Real Estate Finance Trust Inc market cap?
CIM Real Estate Finance Trust Inc's current market cap is $1.0B