{"id":848670,"date":"2023-01-04T06:04:50","date_gmt":"2023-01-04T05:04:50","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/cim-real-estate-finance-trust-inc-to-sell-185-properties-for-894-million\/"},"modified":"2023-01-04T06:04:50","modified_gmt":"2023-01-04T05:04:50","slug":"cim-real-estate-finance-trust-inc-to-sell-185-properties-for-894-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cim-real-estate-finance-trust-inc-to-sell-185-properties-for-894-million\/","title":{"rendered":"CIM Real Estate Finance Trust, Inc. to Sell 185 Properties for $894 Million"},"content":{"rendered":"Net proceeds to be deployed into senior secured loans\n\nPHOENIX--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (\u201cCMFT\u201d), a leading commercial credit-focused real estate investment trust (REIT), announced today that it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 million. The purchase price will be paid in cash and the transaction is expected to close during the first quarter of 2023, subject to the completion of due diligence and the satisfaction of closing conditions.\n\n\nNet proceeds from the transaction, will be deployed into senior secured loans and other similar credit investments.\n\n\n\u201cWe believe the deployment of net sales proceeds will continue to ad
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Net proceeds to be deployed into senior secured loans PHOENIX–(BUSINESS WIRE)–CIM Real Estate Finance Trust, Inc. (\u201cCMFT\u201d), a leading commercial credit-focused real estate investment trust (REIT), announced today that it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 million. The purchase price will […]<\/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-848670","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nCIM Real Estate Finance Trust, Inc. to Sell 185 Properties for $894 Million - 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\/cim-real-estate-finance-trust-inc-to-sell-185-properties-for-894-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIM Real Estate Finance Trust, Inc. to Sell 185 Properties for $894 Million - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Net proceeds to be deployed into senior secured loans PHOENIX--(BUSINESS WIRE)--CIM Real Estate Finance Trust, Inc. (\u201cCMFT\u201d), a leading commercial credit-focused real estate investment trust (REIT), announced today that it has entered into an agreement to sell 185 non-core, net lease properties to Realty Income Corporation (NYSE: O) for $894 million. 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