{"id":844171,"date":"2022-12-20T06:03:06","date_gmt":"2022-12-20T05:03:06","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/cmct-announces-closing-of-new-credit-facility\/"},"modified":"2022-12-20T06:03:06","modified_gmt":"2022-12-20T05:03:06","slug":"cmct-announces-closing-of-new-credit-facility","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cmct-announces-closing-of-new-credit-facility\/","title":{"rendered":"CMCT Announces Closing of New Credit Facility"},"content":{"rendered":"DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. The new facility matures in December 2025 with two one-year extension options and replaces the company's prior credit facility that was set to mature in October 2023.\n\n\n\n\u201cWe are pleased to close this facility and extend our debt maturities,\u201d said David Thompson, Chief Executive Officer of Creative Media &amp; Community Trust Corporation. \u201cWe believe this facility and our diversified sources of capital position us well to capitalize on opportunities as we head into the new year.\u201d\n\n\nABOUT CMCT\n\n\nCreative Media &amp; Community Trust Corporation (\u201cCMCT\u201d) is a real estate investment trust <div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>DALLAS&#8211;(BUSINESS WIRE)&#8211;CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. The new facility matures in December 2025 with two one-year extension options and replaces the company&#8217;s prior credit facility that was set to mature in October 2023. \u201cWe are pleased to close this facility [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-844171","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CMCT Announces Closing of New Credit Facility - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cmct-announces-closing-of-new-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMCT Announces Closing of New Credit Facility - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) announced today that it has entered into a new $206 million secured credit facility. 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