Creative Media Q3 net loss narrows to $17.7 mln

Creative Media & Community Trust

14/11/2025 13:13

Overview

Creative Media reports Q3 net loss of $17.7 mln, a decrease from 2024

Revenue for Q3 was $26.2 mln

Company agrees to sell lending business for $44 mln to improve liquidity

Outlook

Company expects net proceeds of $31 mln from sale of lending business

CMCT plans to improve multifamily net operating income through occupancy and cost savings

Company sees increased office leasing activity in 2025

Result Drivers

MULTIFAMILY FOCUS - Co is accelerating focus on premier multifamily assets and improving liquidity by selling lending business for $44 mln

OFFICE LEASING ACTIVITY - Co executed 80,962 sq ft of leases in Q3, contributing to increased office leasing activity

HOTEL SEGMENT IMPACT - Hotel segment NOI decreased due to renovation impacts, despite increased room revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$26.23 mln
Q3 EPS
-$23.52
Q3 Net Income
-$12.59 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the commercial reits peer group is "hold"

Wall Street's median 12-month price target for Creative Media & Community Trust Corporation is $4.00, about 69.5% below its November 13 closing price of $6.78

Press Release: ID:nBw3Cg4Fna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)