Creative Media & Community Trust Corporation (CMCT) announced it has fully repaid and retired its recourse corporate credit facility. This significant financial milestone was achieved in early April 2025.
The company utilized proceeds from property-level financings across six assets to complete this repayment. This strategic move substantially improves CMCT's balance sheet and liquidity profile.
As a result, the majority of CMCT's debt is now held at the property level and is non-recourse to the corporation itself. This action enhances financial flexibility and reduces the company's overall financial risk.
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