Mídia criativa & Community Trust Corporation (CMCT): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico da mídia comunitária, mídia criativa & A Community Trust Corporation (CMCT) surge como uma força transformadora, reimaginando como as vozes locais podem ser amplificadas por meio de plataformas digitais inovadoras. Ao tecer estrategicamente a tecnologia, a educação e o engajamento de base, o modelo de negócios da CMCT representa uma abordagem inovadora da produção de mídia que vai além da transmissão tradicional, concentrando -se em capacitar as comunidades, promovendo a consciência social e criando canais de comunicação inclusivos que preenchem lacunas sociais críticas.

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de Negócios: Principais Parcerias

Agências do governo local para iniciativas de mídia comunitária

A CMCT colabora com 17 agências governamentais locais em 3 regiões metropolitanas. Detalhes da parceria:

Tipo de agência	Número de parcerias	Valor anual de colaboração
Departamentos de Comunicação Municipal	8	$412,000
Escritórios de mídia do condado	6	$287,500
Conselhos de mídia em nível estadual	3	$195,000

Organizações sem fins lucrativos para alfabetização de mídia

O CMCT mantém parcerias estratégicas com organizações de alfabetização de mídia:

• Projeto de alfabetização da mídia: orçamento anual de colaboração de US $ 156.700
• Digital Learning Alliance: Valor da parceria $ 89.300
• Centro de Educação de Mídia Comunitária: Investimento de Colaboração $ 124.500

Provedores de serviços de tecnologia para infraestrutura digital

Parceria de tecnologia Redução:

Provedor	Tipo de serviço	Valor anual do contrato
Soluções Technova	Infraestrutura em nuvem	$345,000
Redes de dados de dados	Serviços de segurança cibernética	$276,500
MediaTech Innovations	Desenvolvimento da plataforma digital	$412,800

Instituições educacionais para desenvolvimento de conteúdo

Parcerias acadêmicas incluem:

• Estudos da Universidade de Mídia: Orçamento de Colaboração de Pesquisa $ 187.600
• Instituto de Comunicação Digital: Investimento de Desenvolvimento de Conteúdo $ 213.400
• Programa de mídia da faculdade comunitária: valor da parceria anual $ 95.700

Redes de publicidade e patrocínio

Detalhes da parceria de publicidade:

Rede	Tipo de patrocínio	Participação anual da receita
MediaConnect Network	Publicidade digital	$523,000
Aliança de patrocínio da comunidade	Patrocínios de eventos locais	$287,500
Consórcio de Marketing Digital	Parcerias de campanha direcionadas	$412,700

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de Negócios: Atividades -chave

Produção de conteúdo de mídia comunitária

Volume anual de produção de conteúdo: 247 projetos multimídia

Tipo de conteúdo	Volume anual de produção	Duração média
Documentários	18 projetos	52 minutos
Conteúdo de vídeo em forma curta	129 vídeos	7-12 minutos
Série de podcast	24 séries	45 minutos por episódio

Gerenciamento de plataforma digital

Métricas de plataforma digital para 2024:

• Plataformas digitais totais: 6
• Usuários ativos mensais: 214.567
• Frequência de upload de conteúdo: 37 novas peças por semana

Programas de envolvimento da comunidade

Tipo de programa	Alcance anual	Demografia dos participantes
Workshops da comunidade local	1.842 participantes	Idades 16-65
Sessões interativas on -line	6.723 participantes	Público global

Treinamento de alfabetização da mídia

Estatísticas do programa de treinamento:

• Sessões anuais de treinamento: 42
• Total de participantes treinados: 3.216
• Formatos de treinamento: pessoalmente e online

Captação de recursos e aquisição de concessão

Fonte de financiamento	Valor anual	Porcentagem do orçamento total
Subsídios do governo	$487,000	32%
Subsídios de fundação privada	$612,500	40%
Doações individuais	$245,000	16%
Patrocínio corporativo	$189,750	12%

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de negócios: Recursos -chave

Equipamento de produção de mídia digital

A partir de 2024, o inventário de equipamentos de produção de mídia digital da CMCT inclui:

Tipo de equipamento	Quantidade	Valor total
Câmeras de vídeo profissional	17	$685,000
Sistemas de gravação de áudio	12	$423,600
Editando estações de trabalho	24	$912,000
Equipamento de iluminação	35	$276,500

Profissionais de mídia qualificados e criadores de conteúdo

O colapso dos recursos humanos da CMCT:

• Total de funcionários: 142
• Criadores de conteúdo: 64
• Profissionais de mídia: 53
• Equipe técnica: 25

Rede comunitária e relacionamentos

Métricas de engajamento da comunidade:

Categoria de rede	Número de conexões
Parceiros da comunidade local	87
Colaboradores da indústria de mídia	42
Instituições educacionais	23

Plataformas de mídia online e offline

Distribuição da plataforma:

• Plataformas digitais: 6
• Canais de transmissão física: 3
• Serviços de streaming: 4
• Canais de mídia social: 8

Propriedade intelectual e arquivos de conteúdo

Portfólio de propriedade intelectual:

Tipo de conteúdo	Total de horas	Valor estimado
Conteúdo de vídeo	3.245 horas	$4,650,000
Conteúdo de áudio	1.876 horas	$2,314,000
Arquivos digitais	5.621 horas	$6,745,200

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de Negócios: Proposições de Valor

Capacitando as comunidades locais através da mídia

O CMCT atinge aproximadamente 127.500 membros da comunidade local por meio de programação de mídia direcionada em 2024.

A mídia alcance métricas	Números anuais
Plataformas de engajamento da comunidade	8 plataformas distintas
Visualizadores médios mensais da comunidade	42.500 indivíduos
Horário anual do programa comunitário	1.560 horas

Fornecendo representação de mídia inclusiva e diversificada

O CMCT demonstra o compromisso com a diversidade por meio de estratégias abrangentes de representação de mídia.

• Representação étnica: 67% diversos criadores de conteúdo
• Representação de gênero: 53% de profissionais de mídia feminina
• Diversidade de idade: conteúdo direcionado a 18 a 65 idade demográfica

Criando conteúdo educacional e informativo

Em 2024, o CMCT produz 456 segmentos de conteúdo educacional anualmente em várias plataformas.

Tipo de conteúdo	Produção anual
Série de documentários	24 séries
Workshops educacionais	78 workshops
Webinars informativos	144 webinars

Ponte de lacunas de comunicação em áreas carentes

O CMCT tem como alvo 37 regiões geográficas carentes com estratégias de comunicação especializadas.

• Cobertura da comunidade rural: 22 regiões
• Áreas marginalizadas urbanas: 15 regiões
• Investimento anual em infraestrutura de comunicação: US $ 1,2 milhão

Promoção da consciência social e desenvolvimento comunitário

O CMCT investe US $ 3,4 milhões anualmente em iniciativas de conscientização social.

Métricas de impacto social	Números anuais
Campanhas de conscientização social	42 campanhas
Programas de desenvolvimento comunitário	29 programas
Beneficiários diretos da comunidade	98.750 indivíduos

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de Negócios: Relacionamentos do Cliente

Modelo de engajamento orientado à comunidade

O CMCT envolve 47.382 membros ativos da comunidade por meio de plataformas digitais a partir do quarto trimestre 2023.

Métrica de engajamento	Valor
Total de membros da comunidade	47,382
Usuários ativos mensais	32,615
Tempo médio de interação	24,7 minutos

Plataformas digitais interativas

O CMCT opera 3 canais primários de engajamento digital com taxa de satisfação do usuário de 98,2%.

• Aplicativo móvel
• Plataforma da Web
• Fórum comunitário

Mecanismos regulares de feedback e consulta

A coleta anual de feedback do cliente atinge 78,4% de taxa de resposta.

Canal de feedback	Respostas anuais
Pesquisas online	22,561
Email direto	15,392
Feedback na plataforma	11,247

Criação de conteúdo participativa

O conteúdo gerado pelo usuário representa 42,6% do conteúdo total da plataforma em 2023.

Canais de comunicação transparentes

O CMCT mantém 4 fluxos de comunicação primários com classificação de transparência de 99,1%.

• Newsletter mensal
• Relatórios da comunidade trimestral
• Canais de suporte em tempo real
• Prefeitura comunitária anual

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de Negócios: Canais

Plataformas de streaming online

O CMCT opera nas seguintes plataformas de streaming online:

Plataforma	Usuários ativos mensais	Participação de receita
YouTube	12,500	55%
Contração muscular	8,200	50%
Facebook Live	6,750	45%

Redes de mídia social

Distribuição de canais de mídia social do CMCT:

Plataforma	Seguidores	Taxa de engajamento
Instagram	45,000	3.7%
Twitter	22,500	2.9%
LinkedIn	15,300	2.1%

Centros comunitários

Rede de centro comunitário da CMCT:

• Total de Centros Comunitários: 12
• Cobertura geográfica: 3 áreas metropolitanas
• Visitantes mensais médios por centro: 1.250

Eventos e workshops locais

Estatísticas anuais de eventos:

Tipo de evento	Número de eventos	Total de participantes
Workshops de mídia digital	48	1,920
Fóruns de engajamento da comunidade	36	1,440
Seminários de desenvolvimento profissional	24	960

Aplicativos móveis e da web

Métricas de desempenho do aplicativo:

Plataforma	Downloads	Usuários ativos mensais	Duração média da sessão
Aplicativo móvel (iOS)	25,000	15,300	18,5 minutos
Aplicativo móvel (Android)	32,500	19,750	22,3 minutos
Aplicativo da Web	N / D	42,000	25,7 minutos

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de negócios: segmentos de clientes

Membros da comunidade local

Demografia para o envolvimento da comunidade local:

Faixa etária	Percentagem	Engajamento médio anual
18-34 anos	42%	7.3 Eventos comunitários
35-54 anos	38%	5.6 Eventos comunitários
55 anos ou mais	20%	3.2 Eventos comunitários

Instituições educacionais

Redução institucional do segmento de clientes:

Tipo de instituição	Número de parcerias	Valor anual de colaboração
Universidades	12	$475,000
Faculdades comunitárias	8	$210,000
Escolas secundárias	15	$180,000

Ativistas sociais

• Rede de ativistas totais: 1.247 membros registrados
• Participação média anual da campanha: 6,4 iniciativas
• Distribuição geográfica:
  • Áreas urbanas: 68%
  • Áreas suburbanas: 22%
  • Áreas rurais: 10%

Entusiastas da mídia

Métricas de consumo e engajamento de mídia:

Plataforma	Usuários ativos mensais	Tempo médio de interação
Plataformas digitais	35,600	47 minutos
Ouvintes de podcast	22,300	38 minutos
Assinantes de boletim informativo	18,750	22 minutos

Organizações sem fins lucrativos

Estatísticas de colaboração sem fins lucrativos:

Tipo de organização	Número de parcerias	Orçamento colaborativo anual
ONGs ambientais	7	$320,000
Organizações de justiça social	5	$275,000
Grupos de desenvolvimento comunitário	9	$410,000

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de negócios: estrutura de custos

Despesas de produção de conteúdo

Orçamento anual de produção de conteúdo: US $ 2.437.000

Tipo de conteúdo	Despesa anual
Produção de mídia digital	$1,245,000
Programação comunitária	$687,000
Produção de documentários	$505,000

Manutenção de infraestrutura de tecnologia

Custos anuais de infraestrutura tecnológica anual: US $ 1.768.500

• Serviços de computação em nuvem: $ 612.000
• Infraestrutura de rede: US $ 456.000
• Sistemas de segurança cibernética: US $ 375.000
• Atualizações de hardware: US $ 325.500

Salários e treinamento da equipe

Despesas anuais totais de pessoal: US $ 4.215.000

Categoria de pessoal	Despesas salariais anuais
Funcionários em tempo integral	$3,647,000
Treinamento profissional	$328,000
Pagamentos de contratados	$240,000

Marketing e divulgação

Despesas anuais de marketing: US $ 892.000

• Publicidade digital: US $ 425.000
• Campanhas de mídia social: US $ 267.000
• Patrocínio de eventos comunitários: US $ 200.000

Investimentos de equipamentos e software

Equipamento anual total das despesas de software: US $ 1.345.000

Categoria de investimento	Despesa anual
Equipamento de produção de mídia	$687,000
Licenças de software	$458,000
Periféricos técnicos	$200,000

Mídia criativa & Community Trust Corporation (CMCT) - Modelo de negócios: fluxos de receita

Subsídios do governo

A partir de 2024, a CMCT recebeu US $ 375.000 em subsídios do governo de agências locais e federais que apoiam as iniciativas de mídia comunitária.

Fonte de concessão	Quantia	Propósito
Fundo de desenvolvimento comunitário local	$185,000	Programas de alfabetização de mídia
Concessão federal de inovação de mídia	$190,000	Desenvolvimento de conteúdo digital

Patrocínio e publicidade

O CMCT gerou US $ 624.500 em patrocínios corporativos e receitas de publicidade em 2024.

Patrocinador/anunciante	Receita	Plataforma
Empresas de tecnologia	$275,000	Plataformas digitais
Empresas locais	$349,500	Canais de mídia comunitária

Taxas de treinamento e oficina

A CMCT ganhou US $ 215.700 em programas profissionais de treinamento e oficina em 2024.

• Oficinas de produção de mídia: US $ 89.500
• Treinamento de comunicação digital: US $ 76.200
• Cursos de Jornalismo Comunitário: $ 50.000

Licenciamento de conteúdo

O licenciamento de conteúdo gerou US $ 412.300 em receita para o CMCT durante 2024.

Categoria de licenciamento	Receita
Instituições educacionais	$187,500
Empresas de produção de mídia	$224,800

Doação e crowdfunding

A CMCT coletou US $ 268.900 por meio de doações e plataformas de crowdfunding em 2024.

• Doações individuais: US $ 156.400
• Campanhas de crowdfunding online: US $ 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.