Kreative Medien & Community Trust Corporation (CMCT): Business Model Canvas

In der dynamischen Landschaft der Community-gesteuerten Medien: Creative Media & Die Community Trust Corporation (CMCT) entwickelt sich zu einer transformativen Kraft und überlegt neu, wie lokale Stimmen durch innovative digitale Plattformen gestärkt werden können. Durch die strategische Verknüpfung von Technologie, Bildung und Engagement an der Basis stellt das Geschäftsmodell von CMCT einen bahnbrechenden Ansatz für die Medienproduktion dar, der über den traditionellen Rundfunk hinausgeht und sich stattdessen auf die Stärkung von Gemeinschaften, die Förderung des sozialen Bewusstseins und die Schaffung integrativer Kommunikationskanäle konzentriert, die kritische gesellschaftliche Lücken schließen.

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Regierungsbehörden für Community-Medieninitiativen

CMCT arbeitet mit 17 lokalen Regierungsbehörden in drei Metropolregionen zusammen. Details zur Partnerschaft:

Agenturtyp	Anzahl der Partnerschaften	Jährlicher Kooperationswert
Kommunale Kommunikationsabteilungen	8	$412,000
Kreismedienbüros	6	$287,500
Medienräte auf Landesebene	3	$195,000

Gemeinnützige Organisationen für Medienkompetenz

CMCT unterhält strategische Partnerschaften mit Organisationen für Medienkompetenz:

• Medienkompetenzprojekt: Jährliches Budget für die Zusammenarbeit von 156.700 US-Dollar
• Digital Learning Alliance: Partnerschaftswert 89.300 US-Dollar
• Community Media Education Center: Kooperationsinvestition 124.500 USD

Technologiedienstleister für digitale Infrastruktur

Aufschlüsselung der Technologiepartnerschaften:

Anbieter	Servicetyp	Jährlicher Vertragswert
TechNova-Lösungen	Cloud-Infrastruktur	$345,000
DataStream-Netzwerke	Cybersicherheitsdienste	$276,500
MediaTech-Innovationen	Entwicklung digitaler Plattformen	$412,800

Bildungseinrichtungen für die Entwicklung von Inhalten

Zu den akademischen Partnerschaften gehören:

• Universität für Medienwissenschaften: Budget für Forschungszusammenarbeit 187.600 USD
• Digital Communication Institute: Investition in die Inhaltsentwicklung 213.400 US-Dollar
• Community College Media Program: Jährlicher Partnerschaftswert 95.700 US-Dollar

Werbe- und Sponsoring-Netzwerke

Details zur Werbepartnerschaft:

Netzwerk	Sponsoring-Typ	Jährlicher Umsatzanteil
MediaConnect-Netzwerk	Digitale Werbung	$523,000
Community-Sponsoring-Allianz	Lokales Event-Sponsoring	$287,500
Konsortium für digitales Marketing	Gezielte Kampagnenpartnerschaften	$412,700

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Hauptaktivitäten

Produktion von Community-Medieninhalten

Jährliches Content-Produktionsvolumen: 247 Multimedia-Projekte

Inhaltstyp	Jährliches Produktionsvolumen	Durchschnittliche Dauer
Dokumentarfilme	18 Projekte	52 Minuten
Kurze Videoinhalte	129 Videos	7-12 Minuten
Podcast-Reihe	24er Serie	45 Minuten pro Folge

Digitales Plattformmanagement

Kennzahlen zu digitalen Plattformen für 2024:

• Digitale Plattformen insgesamt: 6
• Monatlich aktive Benutzer: 214.567
• Häufigkeit des Hochladens von Inhalten: 37 neue Stücke pro Woche

Community-Engagement-Programme

Programmtyp	Jährliche Reichweite	Demografische Daten der Teilnehmer
Lokale Community-Workshops	1.842 Teilnehmer	Alter 16–65
Interaktive Online-Sitzungen	6.723 Teilnehmer	Globales Publikum

Schulung zur Medienkompetenz

Statistiken zum Trainingsprogramm:

• Jährliche Schulungen: 42
• Gesamtzahl der geschulten Teilnehmer: 3.216
• Schulungsformate: Präsenz und online

Fundraising und Zuschussakquise

Finanzierungsquelle	Jährlicher Betrag	Prozentsatz des Gesamtbudgets
Staatliche Zuschüsse	$487,000	32%
Zuschüsse privater Stiftungen	$612,500	40%
Einzelspenden	$245,000	16%
Unternehmenssponsoring	$189,750	12%

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Schlüsselressourcen

Produktionsausrüstung für digitale Medien

Ab 2024 umfasst der Bestand an digitalen Medienproduktionsgeräten von CMCT Folgendes:

Gerätetyp	Menge	Gesamtwert
Professionelle Videokameras	17	$685,000
Audioaufzeichnungssysteme	12	$423,600
Bearbeiten von Arbeitsplätzen	24	$912,000
Beleuchtungsausrüstung	35	$276,500

Erfahrene Medienprofis und Content-Ersteller

Aufschlüsselung der Personalressourcen von CMCT:

• Gesamtzahl der Mitarbeiter: 142
• Inhaltsersteller: 64
• Medienschaffende: 53
• Technisches Personal: 25

Community-Netzwerk und Beziehungen

Kennzahlen zum Community-Engagement:

Netzwerkkategorie	Anzahl der Verbindungen
Lokale Community-Partner	87
Mitarbeiter der Medienbranche	42
Bildungseinrichtungen	23

Online- und Offline-Medienplattformen

Plattformverteilung:

• Digitale Plattformen: 6
• Physische Sendekanäle: 3
• Streaming-Dienste: 4
• Social-Media-Kanäle: 8

Archiv für geistiges Eigentum und Inhalte

Portfolio an geistigem Eigentum:

Inhaltstyp	Gesamtstunden	Geschätzter Wert
Videoinhalte	3.245 Stunden	$4,650,000
Audioinhalte	1.876 Stunden	$2,314,000
Digitale Archive	5.621 Stunden	$6,745,200

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Wertversprechen

Stärkung lokaler Gemeinschaften durch Medien

CMCT erreicht im Jahr 2024 durch gezielte Medienprogramme etwa 127.500 lokale Gemeindemitglieder.

Metriken zur Medienreichweite	Jährliche Zahlen
Community-Engagement-Plattformen	8 verschiedene Plattformen
Durchschnittliche monatliche Community-Zuschauer	42.500 Personen
Jährliche Stunden des Community-Programms	1.560 Stunden

Bereitstellung einer inklusiven und vielfältigen Medienrepräsentation

CMCT demonstriert sein Engagement für Vielfalt durch umfassende Strategien zur Mediendarstellung.

• Ethnische Repräsentation: 67 % verschiedene Content-Ersteller
• Geschlechterverhältnis: 53 % weibliche Medienschaffende
• Altersvielfalt: Inhalte, die sich an die Altersgruppe der 18- bis 65-Jährigen richten

Erstellen von Bildungs- und Informationsinhalten

Im Jahr 2024 produziert CMCT 456 Bildungsinhaltssegmente jährlich auf mehreren Plattformen.

Inhaltstyp	Jährliche Produktion
Dokumentarserie	24er Serie
Pädagogische Workshops	78 Werkstätten
Informative Webinare	144 Webinare

Überbrückung von Kommunikationslücken in unterversorgten Gebieten

CMCT zielt mit speziellen Kommunikationsstrategien auf 37 unterversorgte geografische Regionen ab.

• Abdeckung der ländlichen Gemeinschaft: 22 Regionen
• Städtische Randgebiete: 15 Regionen
• Jährliche Investition in die Kommunikationsinfrastruktur: 1,2 Millionen US-Dollar

Förderung des sozialen Bewusstseins und der Gemeinschaftsentwicklung

CMCT investiert 3,4 Millionen US-Dollar jährlich in sozialen Sensibilisierungsinitiativen.

Kennzahlen zum sozialen Einfluss	Jährliche Zahlen
Kampagnen zur sozialen Sensibilisierung	42 Kampagnen
Community-Entwicklungsprogramme	29 Programme
Direkte Begünstigte der Gemeinschaft	98.750 Personen

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Kundenbeziehungen

Community-gesteuertes Engagement-Modell

CMCT bindet im vierten Quartal 2023 47.382 aktive Community-Mitglieder über digitale Plattformen ein.

Engagement-Metrik	Wert
Gesamtzahl der Community-Mitglieder	47,382
Monatlich aktive Benutzer	32,615
Durchschnittliche Interaktionszeit	24,7 Minuten

Interaktive digitale Plattformen

CMCT betreibt drei primäre digitale Interaktionskanäle mit einer Benutzerzufriedenheitsrate von 98,2 %.

• Mobile Anwendung
• Webplattform
• Community-Forum

Regelmäßige Feedback- und Konsultationsmechanismen

Die jährliche Sammlung von Kundenfeedback erreicht eine Rücklaufquote von 78,4 %.

Feedback-Kanal	Jährliche Antworten
Online-Umfragen	22,561
Direkte E-Mail	15,392
Plattforminternes Feedback	11,247

Partizipative Content-Erstellung

Benutzergenerierte Inhalte machen im Jahr 2023 42,6 % des gesamten Plattforminhalts aus.

Transparente Kommunikationskanäle

CMCT unterhält vier primäre Kommunikationsströme mit einer Transparenzbewertung von 99,1 %.

• Monatlicher Newsletter
• Vierteljährliche Community-Berichte
• Echtzeit-Supportkanäle
• Jährliche Gemeinderathäuser

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Kanäle

Online-Streaming-Plattformen

CMCT ist auf den folgenden Online-Streaming-Plattformen tätig:

Plattform	Monatlich aktive Benutzer	Umsatzbeteiligung
YouTube	12,500	55%
Zucken	8,200	50%
Facebook Live	6,750	45%

Soziale Netzwerke

Verbreitung der Social-Media-Kanäle von CMCT:

Plattform	Anhänger	Engagement-Rate
Instagram	45,000	3.7%
Twitter	22,500	2.9%
LinkedIn	15,300	2.1%

Gemeindezentren

Das Community-Center-Netzwerk von CMCT:

• Gesamtzahl der Gemeindezentren: 12
• Geografische Abdeckung: 3 Ballungsräume
• Durchschnittliche monatliche Besucher pro Zentrum: 1.250

Lokale Veranstaltungen und Workshops

Jährliche Veranstaltungsstatistik:

Ereignistyp	Anzahl der Ereignisse	Gesamtzahl der Teilnehmer
Digitale Medien-Workshops	48	1,920
Community-Engagement-Foren	36	1,440
Seminare zur beruflichen Weiterentwicklung	24	960

Mobile und Webanwendungen

Kennzahlen zur Anwendungsleistung:

Plattform	Downloads	Monatlich aktive Benutzer	Durchschnittliche Sitzungsdauer
Mobile App (iOS)	25,000	15,300	18,5 Minuten
Mobile App (Android)	32,500	19,750	22,3 Minuten
Webanwendung	N/A	42,000	25,7 Minuten

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Kundensegmente

Mitglieder der örtlichen Gemeinschaft

Demografische Daten für das Engagement der lokalen Gemeinschaft:

Altersspanne	Prozentsatz	Durchschnittliches jährliches Engagement
18-34 Jahre	42%	7.3 Gemeinschaftsveranstaltungen
35-54 Jahre	38%	5.6 Gemeinschaftsveranstaltungen
55+ Jahre	20%	3.2 Gemeinschaftsveranstaltungen

Bildungseinrichtungen

Aufschlüsselung der institutionellen Kundensegmente:

Institutionstyp	Anzahl der Partnerschaften	Jährlicher Kooperationswert
Universitäten	12	$475,000
Community Colleges	8	$210,000
Gymnasien	15	$180,000

Soziale Aktivisten

• Gesamtes Aktivistennetzwerk: 1.247 registrierte Mitglieder
• Durchschnittliche jährliche Kampagnenbeteiligung: 6,4 Initiativen
• Geografische Verteilung:
  • Städtische Gebiete: 68 %
  • Vorstadtgebiete: 22 %
  • Ländliche Gebiete: 10 %

Medienbegeisterte

Kennzahlen zum Medienkonsum und -engagement:

Plattform	Monatlich aktive Benutzer	Durchschnittliche Interaktionszeit
Digitale Plattformen	35,600	47 Minuten
Podcast-Hörer	22,300	38 Minuten
Newsletter-Abonnenten	18,750	22 Minuten

Gemeinnützige Organisationen

Statistiken zur gemeinnützigen Zusammenarbeit:

Organisationstyp	Anzahl der Partnerschaften	Jährliches Gemeinschaftsbudget
Umwelt-NGOs	7	$320,000
Organisationen für soziale Gerechtigkeit	5	$275,000
Community-Entwicklungsgruppen	9	$410,000

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Kostenstruktur

Kosten für die Produktion von Inhalten

Jährliches Budget für die Produktion von Inhalten: 2.437.000 US-Dollar

Inhaltstyp	Jährliche Ausgaben
Digitale Medienproduktion	$1,245,000
Community-Programmierung	$687,000
Dokumentarfilmproduktion	$505,000

Wartung der Technologieinfrastruktur

Jährliche Gesamtkosten für die Technologieinfrastruktur: 1.768.500 USD

• Cloud-Computing-Dienste: 612.000 US-Dollar
• Netzwerkinfrastruktur: 456.000 US-Dollar
• Cybersicherheitssysteme: 375.000 US-Dollar
• Hardware-Upgrades: 325.500 $

Gehälter und Schulungen der Mitarbeiter

Jährlicher Gesamtpersonalaufwand: 4.215.000 USD

Personalkategorie	Jährliche Gehaltskosten
Vollzeitbeschäftigte	$3,647,000
Berufsausbildung	$328,000
Zahlungen des Auftragnehmers	$240,000

Marketing und Öffentlichkeitsarbeit

Jährliche Marketingausgaben: 892.000 US-Dollar

• Digitale Werbung: 425.000 US-Dollar
• Social-Media-Kampagnen: 267.000 US-Dollar
• Sponsoring von Gemeinschaftsveranstaltungen: 200.000 US-Dollar

Investitionen in Ausrüstung und Software

Jährliche Gesamtkosten für Ausrüstung und Software: 1.345.000 US-Dollar

Anlagekategorie	Jährliche Ausgaben
Medienproduktionsausrüstung	$687,000
Softwarelizenzen	$458,000
Technische Peripherie	$200,000

Kreative Medien & Community Trust Corporation (CMCT) – Geschäftsmodell: Einnahmequellen

Staatliche Zuschüsse

Im Jahr 2024 erhielt CMCT staatliche Zuschüsse in Höhe von 375.000 US-Dollar von lokalen und bundesstaatlichen Behörden zur Unterstützung kommunaler Medieninitiativen.

Grant-Quelle	Betrag	Zweck
Lokaler Gemeinschaftsentwicklungsfonds	$185,000	Programme zur Medienkompetenz
Bundesstipendium für Medieninnovation	$190,000	Entwicklung digitaler Inhalte

Sponsoring und Werbung

CMCT erwirtschaftete im Jahr 2024 624.500 US-Dollar aus Unternehmenssponsoring und Werbeeinnahmen.

Sponsor/Werbetreibender	Einnahmen	Plattform
Technologieunternehmen	$275,000	Digitale Plattformen
Lokale Unternehmen	$349,500	Community-Medienkanäle

Schulungs- und Workshopgebühren

CMCT verdiente im Jahr 2024 215.700 US-Dollar mit professionellen Schulungs- und Workshop-Programmen.

• Medienproduktions-Workshops: 89.500 $
• Schulung zur digitalen Kommunikation: 76.200 $
• Community-Journalismus-Kurse: 50.000 $

Inhaltslizenzierung

Die Lizenzierung von Inhalten generierte für CMCT im Jahr 2024 einen Umsatz von 412.300 US-Dollar.

Lizenzkategorie	Einnahmen
Bildungseinrichtungen	$187,500
Medienproduktionsunternehmen	$224,800

Spende und Crowdfunding

CMCT sammelte im Jahr 2024 268.900 US-Dollar durch Spenden und Crowdfunding-Plattformen.

• Einzelspenden: 156.400 $
• Online-Crowdfunding-Kampagnen: 112.500 $

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Value Propositions

You're looking at Creative Media & Community Trust Corporation (CMCT)'s value proposition as of late 2025. The core strategy is clearly pivoting toward stability, using asset sales to fund a focus on multifamily assets. Honestly, the numbers show a company actively managing transitions, which is key to understanding its current offering.

Premier Class A Multifamily Properties in High-Growth, High-Barrier-to-Entry Markets

The commitment to premier multifamily is backed by specific asset metrics, even with recent occupancy softness. As of September 30, 2025, the portfolio holds four multifamily properties totaling 696 units. The segment's Net Operating Income (NOI) saw a sequential lift, reaching $792,000 for the third quarter of 2025, up from $508,000 in the third quarter of 2024. This NOI growth was primarily driven by a decrease in real estate taxes at the Oakland, California multifamily properties. However, the value proposition is being tested by current occupancy; the segment was 85.3% occupied as of September 30, 2025, down from 92.0% the prior year. Furthermore, management is actively managing debt on these assets, having recently refinanced an $81.0 million mortgage loan at one Oakland multifamily property, extending its maturity to January 2027. A concrete example of portfolio enhancement is the completion of a modern 36-unit apartment building in Echo Park, Los Angeles.

Creative Office Space Tailored for Technology, Media, and Entertainment Tenants

For the office segment, the value is in the leasing velocity and the quality of the remaining space, especially outside of the challenged Oakland asset. The total office portfolio, which spans approximately 1.3 million rentable square feet across 12 properties, stood at 73.6% leased at the end of Q3 2025. If you exclude the one Oakland office asset, the leased percentage improves to 86.6%, up from 81.7% at the end of 2024. Leasing activity shows momentum; the company executed 80,962 square feet of leases with terms longer than 12 months in the third quarter alone. Over the first nine months of 2025, total executed leases exceeded 159,000 square feet. The annualized rent per occupied square foot was $60.22 as of September 30, 2025.

Strategic Repositioning Toward the More Stable Multifamily Sector

The most significant action defining this value proposition is the divestiture of non-core assets to increase focus and liquidity. Creative Media & Community Trust Corporation entered into a definitive agreement to sell its entire lending business for a price of approximately $44 million. This is a clear move to strengthen the balance sheet and fund the pivot to multifamily. The company has also been busy with debt management, having fully repaid and retired its $169 million recourse corporate-level credit facility earlier in 2025. This strategic realignment is intended to position the company for growth in the more stable multifamily sector, as management stated they are accelerating their focus there.

High-Quality, Renovated Hotel Experience in Northern California

The hotel asset, a single, 505-room property, is being repositioned through significant capital investment. Management completed an $11 million renovation of the Sheraton Grand Sacramento hotel, including all 505 rooms. This renovation is showing up in key performance indicators, even though Q3 2025 NOI was impacted by ongoing public space upgrades. Occupancy rose to 68.9% in Q3 2025, up from 55.5% the prior year. The Average Daily Rate (ADR) climbed to $194.47, resulting in a RevPAR (Revenue Per Available Room) of $133.92 for the quarter.

Here's a quick snapshot of the core real estate portfolio metrics as of September 30, 2025, compared to the prior year:

Metric	Office Segment (Q3 2025)	Multifamily Segment (Q3 2025)	Hotel Segment (Q3 2025)
Segment NOI	$5.0 million	$792,000	$850,000
Leased/Occupied Rate	73.6% Leased	85.3% Occupied	68.9% Occupancy
Year-over-Year NOI Change	Decreased by $400,000 vs Q3 2024 (Segment)	Increased by $284,000 vs Q3 2024 (Segment)	Decreased from $1,000,000 vs Q3 2024
Key Unit/SF Data	Approx. 1.3 million RSF	696 units total	505 rooms total

The overall portfolio's total segment NOI for Q3 2025 was $7.0 million, down from $7.6 million in Q3 2024.

You should track the leasing execution closely; the company signed 30,333 square feet of long-term leases in Q1 2025 alone.

The company reported a net loss attributable to common stockholders of $(17.7) million for the third quarter of 2025.

Finance: draft 13-week cash view by Friday.

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Customer Relationships

You're looking at how Creative Media & Community Trust Corporation (CMCT) manages its relationships with tenants and investors as of late 2025. This is heavily influenced by their operational structure, which relies on the in-house expertise of affiliates of CIM Group, L.P., for functions like leasing and onsite property management. So, the relationship is deeply integrated with their key resources.

Dedicated onsite property management for both office and multifamily assets.

CMCT operates a portfolio that requires dedicated management across different asset types. As of the third quarter of 2025, the real estate portfolio included:

• 12 office properties, totaling approximately 1.3 million rentable square feet.
• Four multifamily properties, totaling 696 units.
• One 505-room hotel with an ancillary parking garage.

The company completed the delivery of a fifth multifamily asset, 1915 Park, a 36-unit building in Los Angeles, in Q3 2025. Affiliates of CIM Group, L.P. provide in-house capabilities for this management.

Direct leasing and negotiation of long-term leases with corporate tenants.

Leasing activity shows direct engagement with corporate customers. For the three months ended September 30, 2025, Creative Media & Community Trust Corporation executed 80,962 square feet of leases with terms longer than 12 months. This is a strong indicator of direct negotiation success. To give you some context on leasing momentum, year-to-date 2025, CMCT had executed approximately 140,000 square feet of office leases with 31 tenants. One specific example of a long-term commitment was the signing of an eleven-year lease at the Penn Field creative office campus.

Here's a quick look at the leasing status as of the latest report:

Metric	Office Portfolio (Q3 2025)	Office Portfolio (End of 2024)
Leased Percentage	73.6%	N/A
Leased Percentage (Excluding Oakland)	86.6%	81.7%
Occupied Percentage	69.8%	N/A

The annualized rent per occupied square foot for the office portfolio stood at $60.22 as of September 30, 2025.

Standardized tenant/resident services for Class A properties.

Service quality is implied through performance metrics in their Class A office and premier multifamily segments. For the office portfolio, the annualized rent per occupied square foot was $60.22 at September 30, 2025. In the hotel segment, after completing the renovation of all 505 rooms, the Revenue Per Available Room (RevPAR) for the six months ended June 30, 2025, was $171.63. For multifamily, lease-up progress at the 701 South Hudson property showed occupancy increasing from 22% at year-end 2024 to approximately 41% by the end of Q1 2025.

Investor relations via quarterly earnings reports and calls.

Investor communication is formalized through regular reporting. Creative Media & Community Trust Corporation reported its third quarter 2025 results on November 14, 2025. The call was hosted by CEO David Thompson, CFO Barry Berlin, and Portfolio Oversight Steve Altebrando. The relationship is one of transparency regarding financial challenges and strategic pivots. The Q3 2025 net loss attributable to common stockholders was $(17.7) million, which is a significant improvement from the $(34.8) million loss in Q3 2024.

Key non-GAAP metrics reported for Q3 2025 include:

• Funds from operations attributable to common stockholders (FFO): $(11.1) million.
• Core FFO attributable to common stockholders: $(10.5) million.

A major relationship update for investors was the announcement on November 6, 2025, of an agreement to sell the lending business for approximately $44 million, aligning with the focus on premier multifamily assets. Also, the company completed four refinancings across seven assets, including refinancing an $81.0 million mortgage loan at a multifamily property in Oakland, CA.

Finance: draft 13-week cash view by Friday.

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Channels

You're looking at how Creative Media & Community Trust Corporation (CMCT) gets its value proposition to its customers and how it raises the necessary capital to operate its portfolio as of late 2025. This involves a mix of direct management, third-party expertise, and public market access.

Direct In-House Leasing Teams for Office and Multifamily Properties

CMCT uses its direct in-house teams to manage the leasing of its office and multifamily assets. This channel is key for driving occupancy and maximizing rental revenue per square foot or unit. As of September 30, 2025, the office portfolio consisted of 12 properties, totaling approximately 1.3 million rentable square feet.

Leasing activity shows momentum through the direct channel. For the three months ended September 30, 2025, the team executed 80,962 square feet of leases with terms longer than 12 months. Looking at the first nine months of 2025, CMCT executed approximately 159,000 square feet of leases, which is a 69% increase from the prior year period. The office leased percentage stood at 73.6% on September 30, 2025. The annualized rent per occupied square foot for the office segment was $60.22 at that date. The multifamily segment, which includes 4 properties totaling 696 units, is also managed through this direct channel, with management expecting improved Net Operating Income (NOI) as occupancy recovers.

Here's a snapshot of the direct leasing performance as of the third quarter of 2025:

Asset Type	Portfolio Count (as of 9/30/2025)	Occupancy/Leased Rate (as of 9/30/2025)	Leasing Activity (3 Months Ended 9/30/2025)	Annualized Rent/SF (Office Only)
Office Properties	12 properties	73.6% leased	80,962 square feet executed	$60.22 per occupied square foot
Multifamily Properties	4 properties	Occupancy recovering	N/A	N/A

Third-Party Hotel Management for the Hospitality Asset

Creative Media & Community Trust Corporation utilizes a third-party structure for its single hospitality asset. This asset is one 505-room hotel with an ancillary parking garage. The company completed renovations on all 505 rooms earlier in 2025. For the three months ended September 30, 2025, the hotel segment's NOI was not explicitly broken out in the same way as Q1, but the overall segment NOI for Q2 2025 was $4.2 million. In Q2 2025, the hotel segment reported 78.4% occupancy with a Revenue Per Available Room (RevPAR) of $166.83.

Real Estate Brokers and Investment Banks for Asset Sales and Acquisitions

Brokers and investment banks are used for strategic portfolio adjustments, which is a key part of CMCT's stated plan to focus on premier multifamily assets. This channel was active in late 2025 with a significant divestiture. On November 6, 2025, CMCT entered an agreement to sell its lending business for approximately $44 million. The estimated net proceeds from this sale, after debt and expenses, are about $31 million. This follows a pattern of balance sheet strengthening, which included completing four refinancings across seven assets and extending debt maturities on two multifamily assets.

The company also used debt financing channels in early 2025, which often involves investment banks or specialized lenders:

• Closed a $5.0 million mortgage loan on an office property in Los Angeles, California, during Q1 2025.
• Closed a $35.5 million variable-rate mortgage on an office property in Austin, Texas, on April 3, 2025.
• Refinanced an $81.0 million mortgage loan at a multifamily property in Oakland, CA.

Public Equity Markets (NASDAQ and TASE) for Capital Raising

Creative Media & Community Trust Corporation raises capital and manages its shareholder base through its listings on the NASDAQ and TASE (Tel Aviv Stock Exchange). While no new equity issuance for capital raising was detailed for late 2025, significant capital structure management occurred via debt paydown and a stock adjustment. The company fully repaid and retired its $169 million recourse corporate-level credit facility in early April 2025, utilizing proceeds from property-level financing.

To manage its share structure, CMCT completed a 1-for-25 reverse stock split effective January 6, 2025. As of the close on November 20, 2025, the reported Market Cap was $10.17 million with 0.79M shares outstanding. The company also manages shareholder distributions via preferred stock dividends, declaring Q3 2025 dividends on Series A, Series A1, and Series D Preferred Stock payable on October 15, 2025. For instance, the Series A1 Preferred Stock quarterly dividend was $0.426875 per share for Q3 2025.

Here are the key public market and capital structure actions:

• Exchanges: NASDAQ and TASE.
• Reverse Stock Split: 1-for-25 effective January 6, 2025.
• Recourse Credit Facility Repaid: $169 million retired in April 2025.
• Market Capitalization (as of Nov 20, 2025): $10.17 million.

Finance: draft 13-week cash view by Friday.

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Customer Segments

You're looking at the core groups Creative Media & Community Trust Corporation (CMCT) serves as of late 2025, right after their Q3 reporting. It's a mix of established tenants, new renters, deep-pocketed partners, and the public market watching every move. Honestly, the numbers show a company in transition, pivoting hard toward multifamily while managing a challenging office footprint.

Here's the quick math on the primary customer groups based on the latest available data from the third quarter of 2025.

Customer Segment	Portfolio Metric	Key Financial/Statistical Data (Q3 2025)
Creative Office Tenants	Office Portfolio Size	12 properties, totaling approximately 1.3 million rentable square feet.
Creative Office Tenants	Leasing Status	73.6% leased; 69.8% occupied.
Creative Office Tenants	Rental Rate	Annualized rent per occupied square foot was $60.22.
Creative Office Tenants	Segment NOI	$5.0 million for the quarter.
Multifamily Residents	Operating Unit Count	Four operating properties totaling 696 units.
Multifamily Residents	New Deliveries	Fifth project, 1915 Park in Los Angeles, scheduled for delivery in Q3 2025.
Multifamily Residents	Segment NOI	$792,000 (an increase from $508,000 in Q3 2024).

The office segment is definitely feeling the pressure, with occupancy down year-over-year, though leasing activity is picking up-they executed over 80,962 square feet of leases with terms longer than 12 months in Q3 2025 alone. Still, the multifamily side is showing resilience, which is exactly what management is banking on.

For the partners funding this pivot, the institutional side is crucial:

• Development of the 1915 Park multifamily asset is a joint venture with an international pension fund.
• The company's portfolio of Unconsolidated Joint Ventures includes one office property and multiple multifamily sites.
• The Q2 2025 multifamily segment NOI was negatively affected by an unrealized loss on investment in real estate at one of these unconsolidated joint ventures.

Finally, you have the public shareholders watching the stock and the bottom line. They are clearly focused on liquidity and balance sheet strength, especially after the company announced a major divestiture.

• Net loss attributable to common stockholders for Q3 2025 was $(17.7) million, a significant improvement from the $(34.8) million loss in Q3 2024.
• Core Funds From Operations (FFO) attributable to common stockholders was negative $(10.5) million for the quarter ended September 30, 2025.
• The company announced the sale of its lending business for approximately $44 million to align with its core real estate focus.
• CMCT stock closed at $6.78 on the day of the Q3 2025 report, with premarket trading seeing a further drop to $6.6.

Finance: draft 13-week cash view by Friday.

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Cost Structure

You're looking at the hard costs Creative Media & Community Trust Corporation (CMCT) is dealing with as it pivots its strategy, which means we need to focus on the outflows that hit the bottom line. Honestly, the cost structure right now is heavily influenced by debt service and the one-time costs associated with its strategic realignment.

Significant interest expense on mortgage loans and debt facilities is a major component. While CMCT has been active in refinancing to manage this, the underlying cost of capital remains a pressure point. For instance, in the second quarter of 2025, interest expense rose by $1.3 million compared to the prior year, driven by a higher aggregate debt balance and associated transaction costs. This pressure is evident even as the company works to de-lever; they completed the full repayment and retirement of their recourse credit facility, which carried a balance of $169.3 million as of September 2024, using proceeds from new non-recourse asset-level financing. You can see the debt structure in the table below, though this reflects older data, it shows the mix of fixed versus variable exposure.

Debt Type (As of March 31, 2024)	Amount (in thousands USD)	Rate Structure
Total Debt, Net	$472,813	N/A
Fixed Rate Mortgages Payable (Example Rates)	N/A	Fixed rates included 4.14% and 6.25%
Variable Rate Mortgages Payable (Example Rate)	N/A	Variable rate included SOFR plus 3.36%

Property operating expenses directly impact the Net Operating Income (NOI) you see reported. The overall segment NOI for the third quarter of 2025 was $7.0 million, a drop from $9.8 million in the second quarter of 2025, showing that operating costs relative to revenue were challenging across the portfolio. The segment performance highlights where these expenses are hitting hardest:

• Office segment NOI for Q3 2025 was $5.0 million, down from $5.4 million in Q3 2024, with specific issues noted from higher real estate taxes in Austin, Texas.
• The Hotel segment NOI plummeted to $850,000 in Q3 2025, down from $4.2 million in the prior quarter, partly due to operational impacts from ongoing renovations.
• Multifamily NOI showed resilience, increasing to $792,000 in Q3 2025 compared to $508,000 in Q3 2024, partially due to reductions in real estate taxes in Oakland, California.

General and administrative costs, including management fees to CIM Group affiliates, are structured based on the asset value. To be defintely clear, the management fee structure was significantly altered in early 2022 via a fee waiver that aimed to reduce the fee by approximately 55%, targeting an annualized cost saving of $0.21 per share. The Base Fee calculation is tiered; for example, it was set at 1% of the net asset value attributable to common stock for assets under $500 million, stepping down to 0.40% for assets over $4 billion. You should note that in Q1 2025, transaction-related costs were down by $664,000, which helped narrow the net loss for that period.

Development and capital expenditure costs are ongoing, primarily focused on the strategic pivot to multifamily assets. A key recent expenditure was the completion of the 1915 Park Ave. project in Echo Park, Los Angeles, a 36-unit modern apartment community. This project was built on a former surface parking lot adjacent to the 1910 W. Sunset office tower. The company also completed four refinancings across seven assets as part of its balance sheet strengthening plan, which involves capital deployment for reserves, such as the $22.9 million in reserves for leasing costs associated with one of the financings.

Finally, the cost structure includes significant one-time items related to the strategic shift, specifically severance and transaction costs related to the lending division sale and CFO transition. Creative Media & Community Trust Corporation entered an agreement to sell its lending business for an estimated purchase price of approximately $44 million (net of debt). The expected net cash proceeds to CMCT are about $31 million, after accounting for debt payoff and transaction expenses. This transition involves the resignation of the Executive Vice President, CFO, Treasurer, and Secretary, Barry Berlin. His separation agreement outlines a severance package of $350,000 plus an additional $270,000 if his resignation is effective on or before December 14, 2025, or $250,000 if it is on or after December 15, 2025. Finance: draft 13-week cash view by Friday.

Creative Media & Community Trust Corporation (CMCT) - Canvas Business Model: Revenue Streams

You're looking at the top-line numbers for Creative Media & Community Trust Corporation (CMCT) as of late 2025. The trailing 12-month revenue, ending September 30, 2025, clocked in at $115.68 million. For that specific third quarter of 2025, total revenue was reported at $26.2 million.

Office Rental Income remains a core component, though the portfolio is navigating current market conditions. The annualized rent per occupied square foot was $60.22 as of the end of Q3 2025. This segment generated a Net Operating Income (NOI) of $5.0 million for the three months ended September 30, 2025. Honestly, the leasing progress is what you want to watch here.

Multifamily Rental Income is driven by the 696 operating units across four properties, plus any new lease-ups you're bringing online. This segment showed some resilience, posting a segment NOI of $792,000 for the third quarter of 2025. That's a positive sign as the company pivots its focus toward these premier assets.

Hotel Operating Revenue comes primarily from the 505-room Sheraton Grand Sacramento. While renovations were recently completed, the Q3 2025 segment NOI was $850,000, reflecting some short-term disruption from that work and seasonal factors. Still, the completion of the renovation sets up better revenue capture going forward.

Lending Interest Income, which is tracked as segment NOI, is a declining stream as the company executes its strategic shift. For Q3 2025, this segment contributed $314,000 in NOI, down from $688,000 in the prior year period due to loan payoffs and lower rates. You should note that Creative Media & Community Trust Corporation entered an agreement to sell this entire lending business for approximately $44 million, pending closing.

Here's a quick look at the segment performance for the third quarter of 2025:

Revenue Stream Segment	Q3 2025 Segment NOI (in millions)	Key Metric/Status
Office	$5.0	Annualized Rent/Sq Ft: $60.22
Multifamily	$0.792	Operating Units: 696
Hotel	$0.850	Rooms: 505 (Sheraton Grand Sacramento)
Lending	$0.314	Pending Sale at ~$44 Million Valuation
Total Segment NOI	$7.0	Reported Q3 2025 Total Segment NOI

The operational metrics supporting these revenue streams show a few key points you need to track:

• Office portfolio was 73.6% leased at September 30, 2025.
• Executed 80,962 square feet of leases longer than 12 months in Q3 2025.
• Refinanced an $81.0 million mortgage loan at a multifamily property.
• The company reported a net loss attributable to common stockholders of $(17.7) million for the quarter.