| Market Capitalization (Millions $) |
3,058 |
| Shares
Outstanding (Millions) |
437 |
| Employees |
53 |
| Revenues (TTM) (Millions $) |
411 |
| Net Income (TTM) (Millions $) |
77 |
| Cash Flow (TTM) (Millions $) |
41 |
| Capital Exp. (TTM) (Millions $) |
55 |
Business Description
CIM Real Estate Finance Trust Inc. (CIM) is a publicly traded real estate investment trust (REIT) that primarily invests in and manages commercial real estate debt investments. CIM was founded in 2009 and has its headquarters in Los Angeles, California. The company is listed on the New York Stock Exchange (NYSE).
CIM invests in a diverse range of commercial real estate debt investments, including commercial mortgage-backed securities (CMBS), senior mortgage loans, mezzanine loans, and equity investments in commercial properties. The company has a portfolio of investments across various sectors, including office, retail, industrial, hospitality, and multifamily properties.
As a REIT, CIM is required by law to distribute at least 90% of its taxable income to its shareholders in the form of dividends. The company's dividend yield is currently around 8%. CIM has a market capitalization of around $1.2 billion and manages assets worth over $3.5 billion.
CIM's management team comprises experienced real estate professionals, including Michael N. Beckerman, the CEO and President, and Richard Ressler, the founder and Chairman. The company has a team of more than 40 investment professionals who have expertise in real estate finance, underwriting, and asset management.
CIM's investment strategy focuses on identifying opportunities in the commercial real estate debt market that offer attractive risk-adjusted returns. The company's portfolio is diversified across property types, geographic regions, and borrowers. CIM's investment philosophy is to preserve capital, provide steady income, and generate modest capital appreciation over the long term.
In conclusion, CIM Real Estate Finance Trust Inc. is a leading REIT that invests in and manages commercial real estate debt investments. With its experienced management team and well-diversified portfolio, CIM is well-positioned to continue generating attractive returns for its shareholders.
Company Address: 2398 East Camelback Road, 4th Floor Phoenix, 85016 AZ
Company Phone Number: 778-8700 Stock Exchange / Ticker: CCPT
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0.000%
3.75% 
187.86 %