UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 9, 2025

Commission File Number 1-13610

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION

(Exact name of registrant as specified in its charter)

(State or Other Jurisdiction of Incorporation or Organization) 5956 Sherry Lane, Suite 700, Dallas, TX 75225 (972) 349-3200 (Address of Principal Executive Offices) (Registrant's telephone number)

Maryland 75-6446078 (I.R.S. Employer Identification No.)

None (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, \$0.001 Par Value	CMCT	Nasdaq Global Market
Common Stock, \$0.001 Par Value	CMCT	Tel Aviv Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

Item 2.02 Results of Operations and Financial Condition

On May 9, 2025 Creative Media & Community Trust Corporation (the "Company") issued a press release announcing its financial results for the period ended March 31, 2025. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

The information in this Item 2.02 and Exhibit 99.1 are being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 7.01. Regulation FD Disclosure

A copy of the Company's Q1 2025 Investor Presentation is attached to this Form 8-K as Exhibit 99.2 and is incorporated by reference herein. Additionally, the Company has posted a copy of the presentation on its Shareholder Relations page at www.creativemediacommunity.com.

The information in this Item 7.01 and Exhibit 99.2 are being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing of the Company under the Securities Act or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number Exhibit Description

*99.1 Press Release dated May 9, 2025 regarding the Company's financial results for the quarter ended March 31, 2025 *99.2 Investor Presentation for Q1 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

* Filed herewith

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION

/s/ Barry N. Berlin Barry N. Berlin Chief Financial Of icer

Dated: May 9, 2025 By:

Creative Media & Community Trust Corporation Reports 2025 First Quarter Results

Dallas—(May 9, 2025) Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) ("we", "our", "CMCT", or the "Company"), today reported operating results for the three months ended March 31, 2025.

On April 15, 2025, the previously announced 1-for-25 reverse stock split of our Common Stock became effective. All of the share and per share amounts in this release have been adjusted to give retroactive effect to the reverse stock split.

First Quarter 2025 Highlights

Real Estate Portfolio

Same-store office portfolio was 71.4% leased. (2)
Executed 30,333 square feet of leases with terms longer than 12 months.
During the three months ended March 31, 2025, closed a \$5.0 million mortgage loan on an office property in Los Angeles, California.

• On April 3, 2025, closed a \$35.5 million variable-rate mortgage on an office property in Austin, Texas, using a portion of the proceeds to repay all outstanding obligations under the 2022 Credit Facility.

Financial Results

Net loss attributable to common stockholders of \$(11.9) million, or \$(20.73) per diluted share.
Funds from operations attributable to common stockholders ("FFO") was \$(5.4) million, or \$(9.42) per diluted share. (3)1
Core FFO attributable to common stockholders was \$(5.1) million, or \$(8.85) per diluted share. (4)1

Management Commentary

"We continue to make progress on our previously announced plan to accelerate our focus towards premier multifamily assets, strengthen our balance sheet and improve our liquidity," said David Thompson, Chief Executive Officer of Creative Media & Community Trust Corporation.

"In September 2024, we announced plans to place property-level financing on several assets and to use part of the proceeds to fully repay the \$169 million balance on our recourse corporate-level credit facility. In early April 2025, we completed our fourth property level financing and fully repaid and retired this recourse credit facility."

"In our office segment, we executed over 30,000 square feet of leases in the first quarter. We are seeing an increase in activity in the Los Angeles and Austin markets, and we have a solid pipeline of leasing activity. In our hotel segment, net operating income increased approximately 15% from the prior year period after we completed the renovation of all 505 rooms at our one hotel asset. We anticipate commencing upgrades to the public spaces later this year. In our multifamily segment, we believe there is an opportunity to significantly improve our net operating income as our occupancy improves, newly developed assets lease-up, we mark rents to market and benefit from cost savings initiatives."

Non-GAAP financial measure. Refer to the explanations and reconciliations elsewhere in this release. 1

First Quarter 2025 Results Real Estate Portfolio

As of March 31, 2025, our real estate portfolio consisted of 27 assets, all of which were fee-simple properties and five of which we own through investments in unconsolidated joint ventures (the "Unconsolidated Joint Ventures"). Our Unconsolidated Joint Ventures contain one office property, one multifamily site currently under development, two multifamily properties (one of which has been partially converted from office into multifamily units and is now being classified as a multifamily property) and one commercial development site. The portfolio includes 12 office properties, totaling approximately 1.3 million rentable square feet, four multifamily properties totaling 696 units, nine development sites (three of which are being used as parking lots) and one 505-room hotel with an ancillary parking garage.

Financial Results

Net loss attributable to common stockholders was \$(11.9) million, or \$(20.73) per diluted share of Common Stock, for the three months ended March 31, 2025, compared to a net loss attributable to common stockholders of \$(12.3) million, or \$(125.46) per diluted share of Common Stock, for the same period in 2024. The decrease in net loss attributable to common stockholders was primarily driven by a decrease in redeemable preferred stock dividends of \$2.3 million, a decrease in transaction-related costs of \$664,000, and a decrease in redeemable preferred stock redemptions of \$506,000. These were partially offset by a decrease of \$1.9 million in segment net operating income and an increase in interest expense of \$1.1 million.

FFO attributable to common stockholders was \$(5.4) million, or \$(9.42) per diluted share of Common Stock for the three months ended March 31, 2025, compared to \$(5.9) million, or \$(60.42) per diluted share of Common Stock, for the same period in 2024. The increase in FFO attributable to common stockholders was driven by the previously discussed decrease in net loss attributable to common stockholders. 2 (3) 2

Core FFO attributable to common stockholders was \$(5.1) million, or \$(8.85) per diluted share of Common Stock for the three months ended March 31, 2025 compared to \$(4.4) million, or \$(45.15) per diluted share of Common Stock, for the same period in 2024. Unlike FFO , Core FFO was not impacted by the decrease in transaction-related costs and redeemable preferred stock redemptions, as these are excluded from our Core FFO calculation. 2 (4) 2 2 2

Segment Information

Our reportable segments during the three months ended March 31, 2025 and 2024 consisted of three types of commercial real estate properties, namely, office, hotel and multifamily, as well as a segment for our lending business. Total segment net operating income ("NOI") was \$11.8 million for the three months ended March 31, 2025, compared to\$13.6 million for the same period in 2024. (5)

Office

Same-Store

Same-store office segment NOI was \$7.1 million for the three months ended March 31, 2025, a decrease from \$7.9 million in the same period in 2024, while same-store office Cash NOI was \$7.8 million for the three months ended March 31, 2025, a decrease from \$8.8 million in the same period in 2024. The decreases in same-store office Segment NOI and same-store office Cash NOI were primarily due to a decrease in rental revenue at our office property in Oakland, California attributable to a decrease in occupancy resulting from a large tenant exercising a partial lease termination option. (2) (5) (1) (6)2 (2) (5) (1) (6)2

At March 31, 2025, the Company's same-store office portfolio was 70.2% occupied, a decrease of (1,280) basis points year-over-year on a same-store basis, and 71.4% leased, a decrease of (1,230) basis points year-overyear on a same-store basis. The annualized rent per occupied square foot on a same-store basis was \$61.23 at March 31, 2025, compared to \$58.30 at March 31, 2024. During the three months ended March 31, 2025, the Company executed 30,333 square feet of leases with terms longer than 12 months at our same-store office portfolio. (2) (2) (2) (7) (2) (2)

Total

Office Segment NOI decreased to \$7.1 million for the three months ended March 31, 2025, as compared to \$7.9 million for the same period in 2024. The decrease was driven by the aforementioned decrease in same-store office Segment NOI (5) (2) (5).

Non-GAAP financial measure. Refer to the explanations and reconciliations elsewhere in this release. 2

Hotel

Hotel Segment NOI was \$4.7 million for the three months ended March 31, 2025, an increase from \$4.1 million for the same period in 2024, primarily due to an increase in occupancy and average daily rate. The following table sets forth the occupancy, average daily rate and revenue per available room for our hotel in Sacramento, California for the specified periods: (5)

	Three Months Ended March 31,
	2025	2024
Occupancy	80.0 %		79.0 %
(a) Average daily rate	\$ 220.57	\$	211.06
(b) Revenue per available room	\$ 176.47	\$	166.84

______________________ (a) Calculated as trailing 3-month room revenue divided by the number of rooms occupied.

(b) Calculated as trailing 3-month room revenue divided by the number of available rooms.

Multifamily

Our Multifamily Segment consists of two multifamily buildings located in Oakland, California as well as two investments in multifamily buildings in Los Angeles, California, each owned through unconsolidated joint ventures (one of which, 701 S Hudson / 4750 Wilshire Boulevard, was reclassified from an office segment property to a multifamily segment property as of October 1, 2024, following the substantial completion of the conversion of two of the building's three floors from office-use into 68 for-lease multifamily units). Our multifamily segment NOI totaled a loss of \$620,000 for the three months ended March 31, 2025, compared to income of \$917,000 for the same period in 2024. The decrease in our multifamily segment NOI was primarily due to an unrealized loss on investment in real estate at one of our unconsolidated joint ventures during the three months ended March 31, 2025. As of March 31, 2025, our Multifamily Segment was 80.2% occupied, monthly rent per occupied unit was \$2,461 and net monthly rent per occupied unit was \$2,341, compared to 86.2%, \$2,737, and \$2,429, respectively, as of March 31, 2024. (5) (5) (8) (9)

Lending

Our lending segment primarily consists of our SBA 7(a) lending platform, which is a national lender that primarily originates loans to small businesses in the hospitality industry. Lending segment NOI was \$590,000 for the three months ended March 31, 2025, compared to \$789,000 for the same period in 2024, primarily due to a decrease in interest income as a result of loan payoffs and lower interest rates. (5)

Debt and Equity

During the three months ended March 31, 2025, the Company had redemptions of 194,216 shares of Series A1 Preferred Stock (all of which were redeemed in shares of Common Stock) and had redemptions of 104,471 shares of Series A Preferred Stock (all of which were redeemed in shares of Common Stock). These redemptions resulted in the collective issuance of 288,427 shares of Common Stock during the three months ended March 31, 2025.

During the three months ended March 31, 2025, we closed a \$5.0 million variable-rate mortgage loan on an office property in Los Angeles, California.

In addition, on April 3, 2025, we closed a \$35.5 million variable-rate mortgage on an office property in Austin, Texas. In connection with entry into such mortgage loan, we repaid all of the outstanding obligations under the 2022 Credit Facility and terminated the 2022 Credit Facility.

Dividends

We declared preferred stock dividends on our Series A, Series A1 and Series D Preferred Stock for the fourth quarter of 2024. The dividends were payable on April 15, 2025 to holders of record at the close of business on April 5, 2025.

The dividend amounts are as follows:

	Quarterly Dividend Amount
Series A Preferred Stock	\$0.34375 per share
Series A1 Preferred Stock	\$0.44250 per share*
Series D Preferred Stock	\$0.353125 per share

*The quarterly cash dividend of \$0.44250 per share represents an annualized dividend rate of 7.08% (2.5% plus the federal funds rate of 4.58% on the applicable determination date). The terms of the Series A1 Preferred Stock provide for cumulative cash dividends (if, as and when authorized by the Board of Directors) on each share of Series A1 Preferred Stock at a quarterly rate of the greater of (i) 6.00% of the Series A1 Stated Value, divided by four (4) and (ii) the Federal Funds (Effective) Rate on the applicable determination date, plus 2.50%, of the Series A1 Stated Value, divided by four (4), up to a maximum of 2.50% of the Series A1 Stated Value per quarter.

About the Data

Descriptions of certain performance measures, including Segment NOI, Cash NOI, FFO attributable to common stockholders, and Core FFO attributable to common stockholders are provided below. Certain of these performance measures—Cash NOI, FFO attributable to common stockholders and Core FFO attributable to common stockholders —are non-GAAP financial measures. Refer to the subsequent tables for reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure.

(1) Stabilized office portfolio: represents office properties where occupancy was not impacted by a redevelopment or repositioning during the period.

(2) Same-store properties: are properties that we have owned and operated in a consistent manner and reported in our consolidated results during the entire span of the periods being reported. We excluded from our same-store property set this quarter any properties (i) acquired on or after January 1, 2024; (ii) sold or otherwise removed from our consolidated financial statements on or before March 31, 2025; or (iii) that underwent a major repositioning project we believed significantly affected its results at any point during the period commencing on January 1, 2024 and ending on March 31, 2025. When determining our same-store office properties as of March 31, 2025, one office property was excluded pursuant to (i) and (iii) above and one office property was excluded pursuant to (ii) above.
(3) FFO attributable to common stockholders ("FFO"): represents net income (loss) attributable to common stockholders, computed in accordance with GAAP, which reflects the deduction of redeemable preferred stock dividends accumulated, excluding gain (or loss) from sales of real estate, impairment of real estate, and real estate depreciation and amortization. We calculate FFO in accordance with the standards established by the National Association of Real Estate Investment Trusts (the "NAREIT"). See 'Core FFO' definition below for discussion of the benefits and limitations of FFO as a supplemental measure of operating performance.
(4) Core FFO attributable to common stockholders ("Core FFO"): represents FFO attributable to common stockholders (computed as described above), excluding gain (loss) on early extinguishment of debt, redeemable preferred stock deemed dividends, redeemable preferred stock redemptions, gain (loss) on termination of interest rate swaps, and transaction costs.

We believe that FFO is a widely recognized and appropriate measure of the performance of a REIT and that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, many of which present FFO when reporting their results. In addition, we believe that Core FFO is a useful metric for securities analysts, investors and other interested parties in the evaluation of our Company as it excludes from FFO the effect of certain amounts that we believe are non-recurring, are non-operating in nature as they relate to the manner in which we finance our operations, or transactions outside of the ordinary course of business.

Like any metric, FFO and Core FFO should not be used as the only measure of our performance because it excludes depreciation and amortization and captures neither the changes in the value of our real estate properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties, and Core FFO excludes amounts incurred in connection with non-recurring special projects, prepaying or defeasing our debt, repurchasing our preferred stock, and adjusting the carrying value of our preferred stock classified in temporary equity to its redemption value, all of which have real economic effect and could materially impact our operating results. Other REITs may not calculate FFO and Core FFO in the same manner as we do, or at all; accordingly, our

FFO and Core FFO may not be comparable to the FFOs and Core FFOs of other REITs. Therefore, FFO and Core FFO should be considered only as a supplement to net income (loss) as a measure of our performance and should not be used as a supplement to or substitute measure for cash flows from operating activities computed in accordance with GAAP. FFO and Core FFO should not be used as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends. FFO and Core FFO per share for the year-to-date period may differ from the sum of quarterly FFO and Core FFO per share amounts due to the required method for computing per share amounts for the respective periods. In addition, FFO and Core FFO per share is calculated independently for each component and may not be additive due to rounding.

(5) Segment NOI: for our real estate segments represents rental and other property income and expense reimbursements less property related expenses and excludes non-property income and expenses, interest expense, depreciation and amortization, corporate related general and administrative expenses, gain (loss) on sale of real estate, gain (loss) on early extinguishment of debt, impairment of real estate, transaction costs, and benefit (provision) for income taxes. For our lending segment, Segment NOI represents interest income net of interest expense and general overhead expenses. See 'Cash NOI' definition below for discussion of the benefits and limitations of Segment NOI as a supplemental measure of operating performance.
(6) Cash NOI: for our real estate segments, represents Segment NOI adjusted to exclude the effect of the straight lining of rents, acquired above/below market lease amortization and other adjustments required by generally accepted accounting principles ("GAAP"). For our lending segment, there is no distinction between Cash NOI and Segment NOI. We also evaluate the operating performance and financial results of our operating segments using cash basis NOI excluding lease termination income, or "Cash NOI excluding lease termination income".

Segment NOI and Cash NOI are not measures of operating results or cash flows from operating activities as measured by GAAP and should not be considered alternatives to income from continuing operations, or to cash flows as a measure of liquidity, or as an indication of our performance or of our ability to pay dividends. Companies may not calculate Segment NOI or Cash NOI in the same manner. We consider Segment NOI and Cash NOI to be useful performance measures to investors and management because, when compared across periods, they reflect the revenues and expenses directly associated with owning and operating our properties and the impact to operations from trends in occupancy rates, rental rates and operating costs, providing a perspective not immediately apparent from income from continuing operations. Additionally, we believe that Cash NOI is helpful to investors because it eliminates straight line rent and other non-cash adjustments to revenue and expenses.

(7) Annualized rent per occupied square foot: represents gross monthly base rent under leases commenced as of the specified periods, multiplied by twelve. This amount reflects total cash rent before abatements. Where applicable, annualized rent has been grossed up by adding annualized expense reimbursements to base rent. Annualized rent for certain office properties includes rent attributable to retail.
(8) Monthly rent per occupied unit: Represents gross monthly base rent under leases commenced as of the specified period, divided by occupied units. This amount reflects total cash rent before concessions.
(9) Net monthly rent per occupied unit: Represents gross monthly base rent under leases commenced as of the specified period less rent concessions granted during the specified period, divided by occupied units.

FORWARD-LOOKING STATEMENTS

This press release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which are intended to be covered by the safe harbors created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives relating to future growth of CMCT's business and availability of funds. Such forward-looking statements can be identified by the use of forward-looking terminology such as "may," "will," "project," "target," "expect," "intend," "might," "believe," "anticipate," "estimate," "could," "would," "continue," "pursue," "potential," "forecast," "seek," "plan," or "should," or "goal" or the negative thereof or other variations or similar words or phrases. Such forward-looking statements also include, among others, statements about CMCT's plans and objectives relating to future growth and outlook. Such forward-looking statements are based on particular assumptions that management of CMCT has made in light of its experience, as well as its perception of expected future developments and other factors that it believes are appropriate under the circumstances. Forward-looking statements are necessarily estimates reflecting the judgment of CMCT's management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include those associated with (i) the timing, form, and operational effects of CMCT's development activities, (ii) the ability of CMCT to raise in place rents to existing market rents and to maintain or increase occupancy levels, (iii) fluctuations in market rents, (iv) the effects of inflation and continuing higher interest rates on the operations and profitability of CMCT and (v) general economic, market and other conditions, including the effects of high unemployment rates, continued or renewed inflation and any recession or slowdown in economic growth. Additional important factors that could cause CMCT's actual results to differ materially from CMCT's expectations are discussed in "Item 1A—Risk Factors" in CMCT's Annual Report on Form 10-K for the year ended December 31, 2024 and in Part II, Item 1A of CMCT's Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission from time to time. The forward-looking statements included herein are based on current expectations and there can be no assurance that these expectations will be attained. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond CMCT's control. Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forward-looking statements expressed or implied will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements expressed or implied herein, the inclusion of such information should not be regarded as a representation by CMCT or any other person that CMCT's objectives and plans will be achieved. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made. CMCT does not undertake to update them to reflect changes that occur after the date they are made, except as may be required by applicable laws.

For Creative Media & Community Trust Corporation

Media Relations: Bill Mendel, 212-397-1030 [email protected]

Shareholder Relations: Steve Altebrando, 646-652-8473 [email protected]

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (Unaudited and in thousands, except share and per share amounts)

		March 31, 2025
ASSETS
Investments in real estate, net	\$	706,537 \$	709,194
Investments in unconsolidated entities		33,341	33,677
Cash and cash equivalents		19,772	20,262
Restricted cash		29,353	32,606
Loans receivable, net		53,039	56,210
Accounts receivable, net		3,844	4,345
Deferred rent receivable and charges, net		19,341	19,896
Other intangible assets, net		3,488	3,568
Other assets		13,628	9,797
TOTAL ASSETS	\$	882,343 \$	889,555
LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY
LIABILITIES:
Debt, net	\$	512,658 \$	505,732
Accounts payable and accrued expenses		26,656	32,204
Due to related parties		18,198	14,068
Other liabilities		9,397	10,488
Total liabilities		566,909	562,492
COMMITMENTS AND CONTINGENCIES
REDEEMABLE PREFERRED STOCK: Series A1 cumulative redeemable preferred stock, \$0.001 par value; 24,851,185 and 25,045,401 shares authorized as of March 31, 2025 and December 31, 2024, respectively; 913,630 and 913,590 shares issued and outstanding as of both March 31, 2025 and December 31, 2024; liquidation preference of \$25.00 per share, subject to adjustment		20,799	20,799
EQUITY:
Series A cumulative redeemable preferred stock, \$0.001 par value; 31,200,554 and 31,305,025 shares authorized as of March 31, 2025 and December 31, 2024, respectively; 8,820,338 and 4,020,892 shares issued and outstanding, respectively, as of March 31, 2025 and 8,820,338 and 4,125,363 shares issued and outstanding, respectively, as of December 31, 2024; liquidation preference of \$25.00 per share, subject to adjustment		100,720	103,326
Series A1 cumulative redeemable preferred stock, \$0.001 par value; 24,851,185 and 25,045,401 shares authorized as of March 31, 2025 and December 31, 2024, respectively; 11,327,248 and 8,178,473 shares issued and outstanding, respectively, as of March 31, 2025 and 11,327,248 and 8,372,689 shares issued and outstanding, respectively, as of December 31, 2024; liquidation preference of \$25.00 per share, subject to adjustment		202,574	207,387
Series D cumulative redeemable preferred stock, \$0.001 par value; 26,991,590 shares authorized as of March 31, 2025 and December 31, 2024; 56,857 and 48,447 shares issued and outstanding, respectively, as of March 31, 2025 and 56,857 and 48,447 shares issued and outstanding, respectively, as of December 31, 2024; liquidation preference of \$25.00 per share, subject to adjustment		1,190	1,190
Common stock, \$0.001 par value; 900,000,000 shares authorized; 754,607 shares issued and outstanding as of March 31, 2025 and 466,176 shares issued and outstanding as of December 31, 2024		20	119
Additional paid-in capital		1,002,913	994,973
Distributions in excess of earnings		(1,014,372)	(1,002,479)
Total stockholders' equity		293,045	304,516
Non-controlling interests		1,590	1,748
Total equity		294,635	306,264
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY	\$	882,343 \$	889,555

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Consolidated Statements of Operations (Unaudited and in thousands, except per share amounts)

Three Months Ended March 31, 2025 2024 REVENUES: Rental and other property income \$ 17,220 \$ 18,773 Hotel income 12,134 11,264 Interest and other income 2,941 3,961 Total Revenues 32,295 33,998 EXPENSES: Rental and other property operating 17,125 17,981 Asset management and other fees to related parties 360 394 Expense reimbursements to related parties—corporate 626 605 Expense reimbursements to related parties—lending segment 659 563 Interest 9,758 8,977 General and administrative 2,181 1,619 Transaction-related costs 26 690 Depreciation and amortization 6,560 6,478 Total Expenses 37,295 37,307 Loss from unconsolidated entities (1,151) (326) LOSS BEFORE PROVISION FOR INCOME TAXES (6,151) (3,635) Provision for income taxes 121 270 NET LOSS (6,272) (3,905) Net loss attributable to non-controlling interests 158 175 NET LOSS ATTRIBUTABLE TO THE COMPANY (6,114) (3,730) Redeemable preferred stock dividends declared or accumulated (5,484) (7,759) Redeemable preferred stock redemptions (300) (806) NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS \$ (11,898) \$ (12,295) NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE: Basic \$ (20.73) \$ (125.46) Diluted \$ (20.73) \$ (125.46) WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING: Basic 574 98 Diluted 574 98

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Funds from Operations Attributable to Common Stockholders (Unaudited and in thousands, except per share amounts)

We believe that FFO is a widely recognized and appropriate measure of the performance of a REIT and that it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs, many of which present FFO when reporting their results. FFO represents net income (loss) attributable to common stockholders, computed in accordance with generally accepted accounting principles ("GAAP"), which reflects the deduction of redeemable preferred stock dividends accumulated, excluding gains (or losses) from sales of real estate, impairment of real estate, and real estate depreciation and amortization. We calculate FFO in accordance with the standards established by the National Association of Real Estate Investment Trusts (the "NAREIT").

Like any metric, FFO should not be used as the only measure of our performance because it excludes depreciation and amortization and captures neither the changes in the value of our real estate properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effect and could materially impact our operating results. Other REITs may not calculate FFO in accordance with the standards established by the NAREIT; accordingly, our FFO may not be comparable to the FFO of other REITs. Therefore, FFO should be considered only as a supplement to net income (loss) as a measure of our performance and should not be used as a supplement to or substitute measure for cash flows from operating activities computed in accordance with GAAP. FFO should not be used as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends. The following table sets forth a reconciliation of net income (loss) attributable to common stockholders to FFO attributable to common stockholders for the three months ended March 31, 2025 and 2024.

	Three Months Ended March 31,
	2025	2024
Numerator:
Net loss attributable to common stockholders	\$ (11,898) \$	(12,295)
Depreciation and amortization	6,560	6,478
Noncontrolling interests' proportionate share of depreciation and amortization	(67)	(104)
FFO attributable to common stockholders	(5,405)	(5,921)
Redeemable preferred stock dividends declared on dilutive shares (a)	—	—
Diluted FFO attributable to common stockholders	\$ (5,405) \$	(5,921)
Denominator:
Basic weighted average shares of common stock outstanding	574	98
Effect of dilutive securities—contingently issuable shares (a)	—	—
Diluted weighted average shares and common stock equivalents outstanding	574	98
FFO attributable to common stockholders per share:
Basic	\$ (9.42) \$	(60.42)
Diluted	\$ (9.42) \$	(60.42)

(a) For the three months ended March 31, 2025 and 2024, the effect of certain shares of redeemable preferred stock were excluded from the computation of diluted FFO attributable to common stockholders and the diluted weighted average shares and common stock equivalents outstanding as such inclusion would be anti-dilutive.

______________________

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Core Funds from Operations Attributable to Common Stockholders (Unaudited and in thousands, except per share amounts)

In addition to calculating FFO in accordance with the standards established by NAREIT, we also calculate a supplemental FFO metric we call Core FFO attributable to common stockholders. Core FFO attributable to common stockholders represents FFO attributable to common stockholders, computed in accordance with NAREIT's standards, excluding losses (or gains) on early extinguishment of debt, redeemable preferred stock redemptions, gains (or losses) on termination of interest rate swaps, and transaction costs. We believe that Core FFO is a useful metric for securities analysts, investors and other interested parties in the evaluation of our Company as it excludes from FFO the effect of certain amounts that we believe are non-recurring, are non-operating in nature as they relate to the manner in which we finance our operations, or transactions outside of the ordinary course of business.

Like any metric, Core FFO should not be used as the only measure of our performance because, in addition to excluding those items prescribed by NAREIT when calculating FFO, it excludes amounts incurred in connection with nonrecurring special projects, prepaying or defeasing our debt and repurchasing our preferred stock, all of which have real economic effect and could materially impact our operating results. Other REITs may not calculate Core FFO in the same manner as we do, or at all; accordingly, our Core FFO may not be comparable to the Core FFO of other REITs who calculate such a metric. Therefore, Core FFO should be considered only as a supplement to net income (loss) as a measure of our performance and should not be used as a supplement to or substitute measure for cash flows from operating activities computed in accordance with GAAP. Core FFO should not be used as a measure of our liquidity, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends. The following table sets forth a reconciliation of net income (loss) attributable to common stockholders to Core FFO attributable to common stockholders for the three months ended March 31, 2025 and 2024.

	Three Months Ended March 31,
	2025	2024
Numerator:
Net loss attributable to common stockholders	\$ (11,898) \$	(12,295)
Depreciation and amortization	6,560	6,478
Noncontrolling interests' proportionate share of depreciation and amortization	(67)	(104)
FFO attributable to common stockholders	\$ (5,405) \$	(5,921)
Redeemable preferred stock redemptions	300	806
Transaction-related costs	26	690
Core FFO attributable to common stockholders	\$ (5,079) \$	(4,425)
Redeemable preferred stock dividends declared on dilutive shares (a)	—	—
Diluted Core FFO attributable to common stockholders	\$ (5,079) \$	(4,425)
Denominator:
Basic weighted average shares of common stock outstanding	574	98
Effect of dilutive securities-contingently issuable shares (a)	—	—
Diluted weighted average shares and common stock equivalents outstanding	574	98
Core FFO attributable to common stockholders per share:
Basic	\$ (8.85) \$	(45.15)
Diluted	\$ (8.85) \$	(45.15)

(a) For the three months ended March 31, 2025 and 2024, the effect of certain shares of redeemable preferred stock were excluded from the computation of diluted Core FFO attributable to common stockholders and the diluted weighted average shares and common stock equivalents outstanding as such inclusion would be anti-dilutive.

______________________

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Reconciliation of Net Operating Income (Unaudited and in thousands)

We internally evaluate the operating performance and financial results of our real estate segments based on segment NOI, which is defined as rental and other property income and expense reimbursements less property related expenses and excludes non-property income and expenses, interest expense, depreciation and amortization, corporate related general and administrative expenses, gain (loss) on sale of real estate, gain (loss) on early extinguishment of debt, impairment of real estate, transaction costs, and provision for income taxes. For our lending segment, we define segment NOI as interest income net of interest expense and general overhead expenses. We also evaluate the operating performance and financial results of our operating segments using cash basis NOI, or "cash NOI". For our real estate segments, we define cash NOI as segment NOI adjusted to exclude the effect of the straight lining of rents, acquired above/below market lease amortization and other adjustments required by GAAP.

Cash NOI is not a measure of operating results or cash flows from operating activities as measured by GAAP and should not be considered an alternative to income from continuing operations, or to cash flows as a measure of liquidity, or as an indication of our performance or of our ability to pay dividends. Companies may not calculate cash NOI in the same manner. We consider cash NOI to be a useful performance measure to investors and management because, when compared across periods, it reflects the revenues and expenses directly associated with owning and operating our properties and the impact to operations from trends in occupancy rates, rental rates and operating costs, providing a perspective not immediately apparent from income from continuing operations. Additionally, we believe that cash NOI is helpful to investors because it eliminates straight line rent and other non-cash adjustments to revenue and expenses.

Below is a reconciliation of cash NOI to segment NOI and net loss attributable to the Company for the three months ended March 31, 2025 and 2024.

	Three Months Ended March 31, 2025
		Same-Store Office	Non-Same-Store Office		Total Office	Hotel	Multi-family	Lending		Total
Cash net operating income	\$	7,806 \$	—	\$	7,806 \$	4,682 \$	(620) \$	590 \$		12,458
Deferred rent and amortization of intangible assets, liabilities, and lease inducements		(705)	—		(705)	2	—	—		(703)
Segment net operating income	\$	7,101 \$	—	\$	7,101 \$	4,684 \$	(620) \$	590 \$		11,755
Interest and other income										91
Asset management and other fees to related parties										(360)
Expense reimbursements to related parties — corporate										(626)
Interest expense										(9,184)
General and administrative										(1,241)
Transaction-related costs										(26)
Depreciation and amortization										(6,560)
Loss before provision for income taxes										(6,151)
Provision for income taxes										(121)
Net loss										(6,272)
Net loss attributable to noncontrolling interests										158
Net loss attributable to the Company									\$	(6,114)

Three Months Ended March 31, 2024

	Same-Store Office	Non-Same-Store Office		Total Office	Hotel	Multi-family		Lending	Total

Cash net operating income	\$ 8,765 \$		17 \$	8,782 \$— \$	4,061 \$		917 \$	789 \$	14,549
Deferred rent and amortization of intangible assets, liabilities, and lease inducements	(917)	—		(917) —	1	—		—	(916)
Segment net operating income	\$ 7,848 \$		17 \$	7,865 \$— \$	4,062 \$		917 \$	789 \$	13,633
Interest and other income									144
Asset management and other fees to related parties									(394)
Expense reimbursements to related parties — corporate									(605)
Interest expense									(8,057)
General and administrative									(1,188)
Transaction costs									(690)
Depreciation and amortization									(6,478)
Loss before provision for income taxes									(3,635)
Provision for income taxes									(270)
Net Loss									(3,905)
Net loss attributable to noncontrolling interests									175
Net loss attributable to the Company									\$ (3,730)

INVESTOR PRESENTATION |May ²⁰²⁵

Important Disclosures

Forward-looking Statements

The information set forth herein contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives relating to future growth of our business and availability of funds.

Such forward-looking statements can be identified by the use of forwardlooking terminology such as "may," "will," "project," "target," "expect," "intend," "might," "believe," "anticipate," "estimate," "could," "would," "continue," "pursue," "potential," "forecast," "seek," "plan," "should," or "goal" or the negative thereof or other variations or similar words or phrases. Such forward-looking statements also include, among others, statements about CMCT's plans and objectives relating to future growth and outlook. Such forward-looking statements are based on particular assumptions that management of CMCT has made in light of its experience, as well as its perception of expected future developments and other factors that it believes are appropriate under the circumstances. Forward-looking statements are necessarily estimates reflecting the judgment of CMCT's management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include those associated with (i) the timing, form, and operational effects of CMCT's development activities, (ii) the ability of CMCT to raise in place rents to existing market rents and to maintain or increase occupancy levels, (iii) fluctuations in market rents, (iv) the effects of inflation and continuing higher interest rates on the operations and profitability of CMCT and (v) general economic, market and other conditions, including the effects of high unemployment rates, continued or renewed inflation and any recession or slowdown in economic growth

Additional important factors that could cause CMCT's actual results to differ materially from CMCT's expectations are discussed in "Item 1A-Risk Factors" in CMCT's Annual Report on Form 10-K for the year ended December 31, 2024.

The forward-looking statements included herein are based on current expectations and there can be no assurance that these expectations will be attained. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult on impossible to predict accurately and many of which are beyond CMCT's control. Although we believe that the assumptions underlying the forwardlooking statements are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forwardlooking statements expressed or implied will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements expressed or implied herein, the inclusion of such information should not be regarded as a representation by CMCT or any other person that CMCT's objectives and plans will be achieved. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made. CMCT does not undertake to update them to reflect changes that occur after the date they are made, except as may be required by applicable laws.

Note: All pages of the presentation must be viewed in conjunction with the Important Olsclosures on page 34. Set "Property Pleures" on page 34 under Important D treativemediacommunity.com | CMCT Creative Media & Community Trust Corporation

CIM Group: Manager of CMCT

CMCT

Creative Media & Community Trust Corporation

CMCT primarily focuses on the acquisition, ownership, operation and development of creative office and premier multifamily assets in vibrant and emerging communities.

NASDAQ: CMCT | TASE: CMCT

Past performance does not guarantee future results.
1) See Capital Returned to Shireholders on Page 38. 2) Property
couce as of March 31. 2015. 31 Julcular the poperty the A

CMCT Portfolio2

· Office Portfolio

12 Class A and creative office properties 71.4% leased in aggregate · Multifamily Portfolio

4 premier Class A multifamily properties (764 total units)3

1 premier Class A multifamily properties under development (36 total units) · Hotel

1 hotel with an adjacent parking garage (Sacramento)

· Development Pipeline (Primarily Multifamily) Additional development opportunities in Austin (two), Los Angeles (Culver City, Hollywood, Jefferson Park, Mid-Wilshire), Oakland (three) and Sacramento

Lending Division Subsidiary

Originates loans through SBA 7(a) Guaranteed Loan Program

2019: CMCT sold eight buildings totaling ~2.2 million SF of traditional office space and maintained its portfolio of creative and Class A office assets.

Proceeds were used to repay debt and deliver a \$42 per share special dividend.

2022: Announced investment efforts to focus on premier multifamily and creative office assets catering to high growth industries like entertainment and technology.

Note: All pages of the presentation must be viewed In conjunt the important Disclosures on page 34. See "Property Pictures" on page 34 under Important Disclosures

Recent steps to strengthen balance sheet and improve liquidity

September 2024 Announced plans to refinance several assets and used part of proceeds to retire recourse credit facility (\$169.3 million balance at the end of 3Q'24)
· April 2025 Fully repaid and retired recourse credit facility
· Refinancings since September 2024
- Sheraton Grand Hotel up to \$92.2 million mortgage (including future funding to complete renovation)
- Wilshire Portfolio (9460, 11600, 11620 Wilshire) \$105 million mortgage
  8944 Lindblade Up to \$5 million mortgage (closed in 1Q25)
  3601 South Congress (Penn Field) Up 2Q'25)
Continue to evaluate asset sales

Continue to grow premier multifamily portfolio

4750 Wilshire Boulevard / 701 S Hudson (Los Angeles)
. 1915 Park Avenue (LA) 36-unit multifamily development expected to be complete in 3Q'25
1902 Park Avenue (LA) Opportunity to mark rents to market over time
· Channel House & 1150 Clay Street (SF Bay area) Positioned to participate in area recovery

Strong office leasing activity and significant progress on hotel renovation

Executed 30,333 square feet of leases in 1Q'25 with terms longer than 12 months .
Sheraton Grand Hotel
Completed renovation of 505 guest rooms
Anticipate commencing upgrades to public space later this year with the Importal es on page 2 and starting on page 34. See "Pri

CMCT

CMCT: Strategy of Investing Ahead of the Curve

Strategy designed to benefit from the trend toward a more cohesive work/live lifestyle

Track record of identifying and investing in vibrant and emerging communities

Resources, market knowledge and relationships for smooth execution of transactions

Asset-light development approach and attractive pipeline of "next generation" properties

Access to capital to execute business plan

Designed to Benefit From Changing Lifestyles1

The pandemic accelerated the trend toward a more cohesive work/live lifestyle.

Key Office Trends

Growing demand for "creative office"
· Desire for spaces that inspire employees
Emphasis on comfort, cool and "wow factor"
· Battle to recruit and retain top talent

1) Statements made on this slide are based on CIM Group's
observations and beliefs.

Assets in Vibrant and Emerging Sub-Markets1

Assets in Vibrant and Emerging Sub-Markets

@sycamoredistrict

Case Study:

Sycamore Media District in Hollywood

Transformed into a flourishing, walkable urban locale

Home to leading media and entertainment companies such as SiriusXM, Roc Nation, Showtime, Ticketmaster/Live Nation, Oprah Winfrey Network, and Hyperobject Industries

"This Stylish Street in Hollywood is Becoming L.A.'s New City Center."

Core in-house capabilities include acquisition, credit analysis, development, financing, leasing, on-site property management and distribution

CMCT Management

Shaul Kuba CMCT Chief Investment Officer and CMCT Board Member CIM Group Co-founder Head of CIM's Development Team and actively involved in nead of Cliff it Development, redevelopment and
the successful development, redevelopment and
repositioning of CIM's real estate assets around the U.S.

David Thompson СМСТ СЕО

CIM Group CFO and Principal 15 years of previous experience with Hilton Hotels Corporation, most recently as Senior Vice President and Controller

Barry Berlin СМСТ СFO

Serves in various finance and accounting roles within CIM
Group and is CEO, Chairman and CFO of CMCT's lending business

Inside Board Members

Richard Ressler

CIM Group Co-founder CMCT Chairman of the Board

Chair of CIM's Executive, Investment, Allocation and Real Assets Management Committees

Founder of Orchard Capital Corp., OFS Capital Management (a full service provider of leveraged finance
solutions) and OCV Management (owner of technology
companies)
· Chairman of the Board of CIM Real Estate Finance Trust, Inc
Previously worked at Drexel Burnham Lambert, Inc. and began his career as an attorney with Cravath, Swaine
and Moore, LLP

Avi Shemesh

CIM Group Co-founder CMCT Board Member Responsible for CIM's long-term relationships with

strategic institutions and oversees teams essential to strategic institutions and oversees teams essential co
acquisitions, portfolio management and internal and
external communication

Note: All pages of the presentation must be inportant Disclosures on page 2 and starting on page 34. See "Property Pictures" on page 34 under Important Disclosures

CMCT caters to tenants in rapidly growing tech and entertainment industries.

Class A & Creative Office Portfolio1

— 51%

Geographic Diversification
Annualized Rent by Location

17%

30% -

Classification / Market / Address	Sub-Market	Class2	Rentable Square Feet ("SF")	0/0 Occupied	0/0 Leased		Annualized Rent Per Occupied SF
Consolidated Office Portfolio
Oakland, CA
1 Kaiser Plaza	Lake Merritt	Class A	537,339	55.0 %	55.0 %	\$	56.80
San Francisco, CA
1130 Howard Street	South of Market	Creative	21,194	61.1 %	61.1 %		93.56
Los Angeles, CA
11620 Wilshire Boulevard	West Los Angeles	Class A	196,928	79.0 %	81.6 %		49.77
9460 Wilshire Boulevard	Beverly Hills	Class A	97,655	91.6 %	91.6 %		122.42
11600 Wilshire Boulevard	West Los Angeles	Class A	56,881	73.4 %	77.1 %		63.56
8944 Lindblade Street **	West Los Angeles	Creative	7,980	100.0 %	100.0 %		69.33
8960 & 8966 Washington Boulevard**	West Los Angeles	Creative	24,448	100.0 %	100.0 %		78.95
1037 North Sycamore Avenue	Hollywood	Creative	5,031	100.0 %	100.0 %		67.98
Austin, TX
3601 S Congress Avenue	South	Creative	231,240	78.1 %	80.2 %		48.76
1021 F 7th Street	Fast	Creative	11,180	100.0 %	100.0 %		49.91
1007 E 7th Street	East	Creative	1,352	%	%		0.00
Total Consolidated Office Portfolio			1,191,228	69.2 %	70.2 %	ਣ	62.33
Unconsolidated Office Portfolio
Los Angeles, CA
1910 Sunset Boulevard - 44% **	Echo Park	Creative	107,524	81.6 %	843 %		50.16
Total Unconsolidated Office Portfolio			107,524	81.6 %	84.3 %	ਟ	50.16
Total Office Portfolio			1,298,752	70.2 %	71.4 %	\$	61.14

1) As Marc 3 (2025).
3 Mace and an maggement sessment an Indian on cossimon a stire: Ly Presse of the Luding.
3 New seriod a bases on ancessing and many of the stock on t

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Multifamily Portfiolio

Classification / Market / Property	Sub-Market	Units	% Occupied		Annualized Rent (in thousands)		Monthly Rent Per Occupied Unit
Consolidated Office Portfolio
Oakland, CA
Channel House	Jack London Distict	333	84.7 %	5	8,738	\$	2,582
1150 Clay	Downtown	288	81.6 %		6.909		2,450
Total Consolidated Multifamily Portfolio		621	83.3 %		15,647		2,522
Unconsolidated Multifamily Portfolio
Los Angeles, CA
1902 Park Avenue - 25.5%	Frho Park	75	90.7 96	દ્વ	1,549	S	1,898
701 S Hudson - 20%	Mid-Wilshire	68	41.2 %		909		2,707
Total Unconsolidated Multifamily Portfolio		143	67.1 %		2,458		2,134
Total Multifamily Portfolio		764	80.2 %		18,105		2.461

Hotel & Parking Garage

Location / Property	Sub-Market	% Occupied"	RevPAR
Sacramento, CA
Sheraton Grand Hotel	Downtown/Midtown	80.0 % \$	176.47
Sheraton Grand Hotel Parking Garage & Retail	Downtown/Midtown	81.0 %	NA

1) Repear poss morily base comments as March 3, 2025 millioled processor as nort refect colcash en lock concession.
2 Reresms moreles sommerce as Alam 3, 2025 inied by cont

Note: All pages of the presentation must be important Disclosures on page 2 and starting on page 34 See "Propeny Pictures" on page 34 under important Dictious 14 m | ©2024 CMCT | | CMCT Creative Media & Community Trust Corporation

1,500+ Multifamily Units in the Pipeline

Location	Sub-Market	Notes
1915 Park Avenue 4	Echo Park, Los Angeles	Multifamily; Ground-up multifamily development; Expected completion 3Q'25 (36 units)
1015 N Mansfield Avenue 3	Hollywood	Creative Office®
3101 S. Western Avenue	Jefferson Park, Los Angeles	Multifamily®
3022 S. Western Avenue	Jefferson Park, Los Angeles	Multifamily®
4750 Wilshire Boulevard (backlot)	Mid-Wilshire	Multifamily®
1021 & 1007 E 7th Street	East Austin	Multifamily
3601 South Congress (Penn Field)	Austin	Multifamily
8944 Lindblade Street, 8960 & 8966 Washington Boulevard 3	West Los Angeles	Creative Office®
2 Kaiser Plaza	Oakland	Creative Office/Multifamily®
Sheraton Grand Parking Garage	Sacramento	Multifamily development over existing parking garage®
466 Water Street	Jack London Square, Oakland	Multifamily®
F-3 Land site	Jack London Square, Oakland	Hotel®

) } } { i.i. 2 } }).
Referenced (architection) (an energine and consemplate (and promine Mini provins Mini provins Mini provinsi Margestion Mangeland Managera.
Partigos and

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Asset-Light Approach Enhances ROI

CMCT may coinvest up to 80% of each project in order to enhance returns (through management fee and promote income) and mitigate risk (by reducing CMCT's investment per project)

CMCT Competitive Advantages

· Distribution
- · Access to 180 global institutional investors around the globe
· Development
- 。 Highly seasoned CIM Development team with 100+ team members with experience in urban planning, construction, design, architecture, engineering and project management

Note: All pages of the presentation must be viewed in conjunction with the important Oisdosures on page 34. Set "Property Pictures" on page 34 under Important D emediacommunity.com | ©2024 CMCT | CMCT Creative Media & Community Trust Corporation 16

CMCT | Property Summaries

Newer vintage, premier multifamily in high barrier to entry market

Channel House (Jack London Square)2

» Acquired in 1Q'23 for \$134.6 million, or \$404,000 per unit (333 total units)
» Conveniently located just steps to the ferry with direct access to San Francisco

1150 Clay Street (Downtown Oakland)

» Acquired in 1Q'23 for \$145.5 million, or \$505,000 per unit (288 total units)
» Conveniently located downtown and steps from the BART with easy access to San Francisco
Source: Costar based on East Bay and Downtown Oakland market (October 2024).
Please see Note 3 on page 34 ("Important Information Debt and Preferred Summ 2.

Oakland Market

Rental rates continue to be challenging as market rents declined in 2022, 2023 and 2024 1
Oakland had a wave of new Class A supply from 2018-2022 but vacancy has declined to 10.0% from a peak of 17.8% in 2Q'21
· Limited future multifamily supply growth1
· Under Construction as % of Inventory
- · SF 1.4%1
- · Oakland 1.5%
- · Total U.S. 3.5%1
us of the Channel House mort

on page 34. See "Pro

1902 Park Avenue (Echo Park)

» Acquired in 1Q'23 for \$19.1 million, or \$255,000 per unit (50% joint venture) on an off-market basis. CMCT currently owns a 25.5% interest following the admission of an additional co-investor in Q4 2024.
» Newer vintage asset that opened in 2011
» Echo Park is an emerging trendy submarket northwest of downtown LA; walkable area with dozens of dining and entertainment options
» Recent new leases executed at a significant premium to in-place rents
» 1 BR- \$2,100-\$2,250 (versus average in place of \$1,655)
» 2 BR \$2,700-\$2,750 (versus average in place of \$2,223)

4750 Wilshire Boulevard / 701 S Hudson Avenue (Park Mile)

» Substantially completed the conversion of unleased space to multifamily in September 2024

CMCT

» Closed coinvestment in 1Q'23 whereby CMCT has been earning a management fee and may potentially earn a promote; CMCT's ownership declined to 20%
» The partial conversion to multifamily had a total budget of \$31.0 million and \$28.0 million had been incurred as of 1Q'25). Leasing of the multifamily units began in September 2024
» Centrally located in affluent Park Mile/Hancock Park surrounded by multimillion dollar single family homes
» Short drive time to Hollywood/West Hollywood (10 minutes), Beverly Hills/ Culver City/Downtown LA (20 minutes) and Santa Monica (30 minutes)

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emediacommunity.com | @2024 CMCT | CMCT Creative Media & Community Trust Corporation

9460 Wilshire Boulevard (Beverly Hills)

» Prominent location in the prestigious Golden Triangle of Beverly Hills and adjacent to the Four Seasons Beverly Wilshire Hotel and Rodeo Drive
» In August 2022, signed 20 year, approximately 18,000 SF lease for a Rolls Royce showroom
» The previously underutilized retail space was occupied by a real estate brokerage firm and a financial advisor
» CMCT has originated or renewed leases with all current tenants since 2018 acquisition

Artistic renderings are for illustrative purposes only

Note: All pages of the presentation must be viewed in conjunction with the Important Disclosures on page 34. See "Property Pictures" on p age 34 under I

Austin: Stabilized Creative Office with Potential To Add Multifamily

Overview

CMCT acquired the 16-acre campus at 3601 S. Congress Ave in 2007 in an off-market transaction; in-place rents have increased more than threefold since the acquisition.

· The creative office campus attracts a diverse tenant mix including technology, media and entertainment companies

· CMCT is evaluating different development options, including adding one or more multifamily buildings to the creative office campus. As of March 31, 2025, this property was in pre-development phase, and the Company has not finalized the formal development plan for this property.

· In June 2022, the Austin City Council approved zoning changes that allow CMCT to add more density on this property.
· In July 2023, received approval of zone change for the property that was not previously zoned for multifamily the entire 16 acre campus is now zoned for multifamily.

1) Source Costar July 2021 Office Market Report.

Note: All pages of the presentation must be viewed in the Important Disclosures on page 34. See "Property Pictures" on page 34 under Impor

A Compelling Growth Market

· No state income tax and diverse employment sources – government, education and tech
· Home to many large U.S. corporations including Amazon, Facebook, Apple, Cisco,
eBay, GM, Google, IBM, Intel, Oracle, Paypal, 3M and Whole Foods
Rapid market office rent growth (10 year
CAGR of 5.6%)
Population growth Five year forecast growth
rate of 2.0% (versus 0.5% in the U.S.)
Employment growth Ten year historical growth rate of 3.93% (versus 1.22% in the U.S.)

East Austin: Multifamily Development

A Dynamic Thriving Submarket

· The Property is located in the East Austin
The building is located on one of the main
thoroughfares of Austin, East 7th Street, and within 1.5 miles of seven existing CIM properties.
This corridor is among the most desirable locations for creative office space and residential in Austin as
it has numerous food and dining options within close proximity and provides direct access to both the Central Business District and Eastside.

Overview

» In November 2020, CMCT acquired 1021 E 7" Street for \$6.1 million on an off-market basis; in July 2022, CMCT
acquired 1007 E 7" Street, an adjacent property, for \$1.9
» In total, represented ~14,000 SF of office on a ~36,000 of contiguous land SF prime for development.
» In June 2023, received final entitlements allowing for construction of an 8-story multifamily building.
» CMCT is evaluating different development options, includings when the last least least least
expires in 2025 and constructing a premier multifanily property. As of Mar

Note: All pages of the presentation must be viewed in conjunction with the Important Disclosures on page 34 See "Property Pictures" on page 34 under In

Echo Park: Office Value-Add & Ground-Up Multifamily

Overview

» CMCT and a CIM-managed separate account acquired 1910 W. Sunset Blvd and 1915 Park Avenue for approximately \$51 million in February 2022 (CMCT owns ~44%)
» 1910 W. Sunset is an approximately 100,000 SF creative office building; the 8-story building with floor-to-ceiling windows is the tallest in Echo Park, providing spectacular views in all directions
» Ability to create 13-foot ceiling heights on newly-renovated space
» Ideal location and product for entertainment and fashion tenants

» Began construction on 1915 Park Avenue - ground-up construction of 36 multifamily units with a total budget of \$14.7 million. As of March 31, 2025, there had been total costs incurred of \$9.8 million in connection with the project

1) Source Costar; based on East Hollywood/Sliver Lake submarket. Accessed May 2022.

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A Dynamic Submarket

Echo Park is a trendy submarket northwest of downtown LA; walkable area with dozens of dining and entertainment options
· Located ~1 mile from Dodgers Stadium and adjacent to newly-renovated Echo Park Lake, which features walking paths, picnic areas, paddle boats and lotus flower gardens
Easy access to four major freeways (Hollywood, Pasadena, Glendale and Golden State Freeways); approximate 20 minute drive to Hollywood, Downtown LA, Pasadena and Burbank
Average 10-year annual office rent growth of 5.0%
· Average 10-year office vacancy of 6.7%1

Culver City: Potential Creative Office Development

A Dynamic Thriving Submarket

Well-located asset in the heart of Culver City
Home to several high-profile media and technology companies including Apple, Amazon, HBO and Sony
· Adjacent to the Metro Expo Line, offering easy access to both the Westside and Downtown LA

Overview

tistic renderings are for illustrative purposes only

» 8960 & 8666 Washington Boulevard: ~24,448 SF of creative office space
» Received final entitlement to re-develop 8960 & 8666 Washington Blvd. into 50,000 + square foot creative office
building. As of March 31, 2025, this property was in predevelopment phase, and the Company has not finalized the formal development plan for this property
» 8944 Lindblade Street: ~7,980 SF of commercial space currently used for broadcasting.

Jefferson Park: Multifamily Development

An Emerging Submarket

Jefferson Park is home to a variety of residential buildings, shops, restaurants and offices
Adjacent to West Adams neighborhood where CIM has renovated and developed dozens of apartments, restaurants and retail spaces since 2016
· Convenient access to the 10 and 110 freeways
1.5 miles from the University of Southern California and 5.5 miles from downtown Culver City, home to several premier technology and entertainment companies

Overview

» In 1Q'22, CMCT acquired 3101 S. Western, which is located on a ~11,300 SF land site for \$2.3 million
» CMCT is considering developing approximately 40 residential units. As of March 31, 2025, this property was in pre-development phase, and the Company has not finalized the formal development plan for this property
» In 2Q'22, CMCT acquired 3022 S. Western, which is located on a ~28,300 SF land site for \$5.6 million
» CMCT is considering developing 119 residential units. As of March 31, 2025, this property was in pre-development phase, and the Company has not finalized the formal development plan for this property

Note: All pages of the presentation must be es on page 2 and starting on page 34. See "Property Pictures" on page 34 under Important Disclosures ediacommunity.com | ©2024 CMCT | CMCT Creative Media & Community Trust Corporation

Oakland: Multifamily Development

An Emerging Submarket

CMCT

・ 2 Kaiser Plaza is well located in the heart of Lake Merritt and just a six-minute walk from the BART, offering direct access to San Francisco
· Oakland has numerous local dining options and has emerged as a "cool" place to live and work

Overview

» CMCT acquired 2 Kaiser Plaza in 2015; the property is currently utilized as surface parking
» CMCT submitted a request to entitle 2 Kaiser Plaza for multifamily, as it is currently entitled for office but can be developed as multifamily by right. CMCT believes that the entitlement will create incremental value for the land near term
» Current plans contemplate 596 units. As of March 31, 2025, this property was in pre-development phase, and the Company has not finalized the formal development plan for this property

Note: All page of the presentation nust be important Disclosures on page 2 and starting on page 34. See "Property Pictures" on page 34 under Inportant Disc ediacommunity.com | ©2024 CMCT | CMCT Creative Media & Community Trust Corporation

Appendix

Note: All pages of the wed in conjunction with the Important Disclosures on page 2 and start ng on page 34. See "Property Pictures" on page 34 under Important Di unity.com | ©2024 CMCT | CMCT Creative Media & Community Trust Corporation

Commitment to ESG

Since its inception, doing right for communities and advancing sustainability has been part of CIM's DNA. ESG considerations are woven into our business practices and operations, and we continuously strive to advance these priorities.

CMCT

CIM Group Commitment to CMCT

CIM Group owns ~6.8% of CMCT Common Stock

Management and Corporate Governance

CMCT's Board includes CIM Group's three co-founders (Richard Ressler, Avi Shemesh, and Shaul Kuba)

Strong Market Knowledge and Sourcing

CMCT benefits from CIM Group's identification of Qualified Communities, sourcing capabilities and access to resources of vertically integrated platform

Management Agreement/Master Services Agreement Fees

» 1% of net asset value

» Reimbursement of shared services
» Income incentive fee is 20% of CMCT's quarterly core funds from operations in excess of a quarterly threshold equal to 1.75% (i.e., 7% on an annualized basis) of CMCT's average adjusted common stockholders' equity, subject to catchup2
» 15% of cumulative aggregate realized capital gains net of aggregate realized capital losses minus the aggregate capital gains fees paid in prior periods. Realized capital gains and realized capital losses are calculated by subtracting from the sales price of a property (a) any costs and expenses incurred to sell such property and (b) the property's original acquisition price, plus any subsequent, non-reimbursed capital improvements thereon paid for by СМСТ.
at cost (accounting, tax, reporting, etc.)
» Perpetual term

1) holders of Chan of the stoll. A of McCh 3, 2025. (I) No incerive fe will be are crear in hich be eces corFO st (i) (in to be coss corFO is 0, (i) (in done and (i) 0.437% a

Note: All pages of the presentation must be viewed In conjunt the important Disclosures on page 34. See "Property Pictures" on page 34 inder Important Disclosures w.creativemediacommunity.com | ©2024 CMCT | CMCT Creative Media & Community Trust Corporation 29

Key Metrics

Top Five Tenants (March 31, 2025)

Tenant	Property	Lease Expiration	Annualized Rent (in thousands)	% of Annualized Rent	Rentable Square Feet	% of Rentable Square Feet
Kaiser Foundation Health Plan, Inc.	1 Kaiser Plaza	2028	13,158	23.6 %	236,692	18.2 %
U.S. Bank, N.A.	9460 Wilshire Boulevard	2029	4.197	7.5 %	27,569	2.1 %
3 Arts Entertainment, Inc.	9460 Wilshire Boulevard	2027	3.010	5.4 %	27,112	2.1 %
F45 Training Holdings, Inc.	3601 S Congress Avenue	2030	2,485	4.5 %	44,171	3.4%
O'Gara Coach Company, L.L.C.	9460 Wilshire Boulevard	2043	2,383	4.3 %	18.157	1.4 %
Total for Top Five Tenants			25,233	45.3 %	353.701	27.2 %
All Other Tenants			30,548	54.7 %	558,650	43.0 %
Vacant				06 I	386.401	29.8 %
Total Office			55,781	100.0 %	1,298,752	100.0 %

Lease Expirations as a % of Annualized Office Rent (As of March 31, 2025)

		Three Months Ended
(Unaudited and in thousands)	March 31. 2025		March 31. 2024
Net loss attributable to common stockholders	ಳಿ	(11,898)	ਣ	(12,295)
Depreciation and amortization		6,560		6,478
Noncontrolling interests' proportionate share of depreciation and amortization		(67)		(104)
FFO attributable to common stockholders	ಕ್ಕೆ	(5,405)	ੈ	(5,921)
Straight-line rent and straight-line lease termination fees		631		(26)
Amortization of lease inducements		73		87
Amortization of above and below market leases		(1)		(2)
Amortization of premiums and discounts on debt		26		(14)
Amortization and accretion on loans receivable, net		(160)		(8)
Amortization of deferred debt origination costs		735		624
Unrealized premium adjustment		165		196
Unrealized loss (gain) included in income from unconsolidated entities		1,032		313
Deferred income taxes		(24)		13
Non-cash compensation		55		55
Redeemable preferred stock redemptions		300		806
Transaction-related costs		26		690
Recurring capital expenditures, tenant improvements, and leasing commissions		(1,412)		(1,379)
AFFO attributable to common stockholders		(3,959)		(4,566)

www.cimgroup.com |©2018 CIM Group |TRADE SECRET /CONFIDENTIAL INFORMATIONwww.creativemediacommunity.com |©2024 CMCT |CMCT Creative Media & Community Trust Corporation ³¹ Note: All pages ofthe presentation must be viewed in conjunction with the Important Disclosures on page ² and starting on page 34. See "Property Pictures" on page ³⁴ under Important Disclosures. Key Metrics - Adjusted Funds From Operations (AFFO)1 1) Non-GAAP Financial Measure. Please refer toexplanations at slide 35. Three Months Ended (Unaudited and in thousands) March 31, ²⁰²⁵ March 31, ²⁰²⁴ Netloss attributable to common stockholders \$ (11,898) \$ (12,295) Depreciation and amortization 6,560 6,478 Noncontrolling interests' proportionate share of depreciation and amortization (67) (104) FFO attributable tocommon stockholders \$(5,405) \$(5,921) Straight-line rent and straight-line lease termination fees ⁶³¹ (26) Amortization of lease inducements ⁷³⁸⁷ Amortization of above and below market leases (1)(2) Amortization ofpremiums and discounts on debt ²⁶ (14) Amortization and accretion on loans receivable, net(160) (8) Amortization of deferred debt origination costs ⁷³⁵ ⁶²⁴ Unrealized premium adjustment ¹⁶⁵ ¹⁹⁶ Unrealized loss (gain) included in income from unconsolidated entities 1,032 ³¹³ Deferred income taxes (24) 13Non-cash compensation ⁵⁵ ⁵⁵ Redeemable preferred stock redemptions ³⁰⁰ ⁸⁰⁶ Transaction-related costs ²⁶ ⁶⁹⁰ Recurring capital expenditures, tenant improvements, and leasing commissions (1,412) (1,379) AFFO attributable to common stockholders \$ (3,959) \$ (4,566)

Debt and Preferred Summary

Debt & Preferred Summary (March 31, 2025)1

Mortgage Payable	Interest structure (fixed/variable etc.)	Interest Rate	Maturity/ Expiration Date	Loan balance (in millions)
Fixed rate mortgages payable N	Fixed	4.14% - 7.41%	6/7/2025 - 1/11/2030	S	269.1
Variable rate mortgage payable 3	Variable	SOFR + 3.00% - 4.35%	7/7/2025 - 2/14/2027	\$	180.4
Total Mortgage Payable				S	449.5
Other Debt
SBA 7(a) Loan-Backed Notes	Variable	SOFR + 2.90%	3/20/2048	\$	25.3
Total Other Debt				\$	25.3
Corporate Debt
2022 Revolving Credit Facility 3	Variable	SOFR + 2.60%	12/14/2025	S	15.0
Junior Subordinated Notes	Variable	SOFR + 3.51%	3/30/2035	\$	27.1
Total Corporate Debt				S	42.1
Total Debt				\$	516.9

Interest structure
(fixed/variable etc.) Coupon

7.83%

5.50%

5.65%

Variable6

Fixed

Debt Maturity Schedule
(March 31, 2025)¹ | in millions

2025 2026 2027 2027 2027 2028 Thereafter

Fixed Debt vs. Floating Debt (March 31, 2025)

See "Important Information - Debt and Preferred Summary" on page 33.
*Approximately 71% of floating rate debt is subject to interest rate caps.

Preferred Stock

Total Preferred Stock

Total Debt + Preferred Stock

Series A1

Series A

Series D

Note: All pages of the presentation must be viewed In conjunt the important Disclosures on page 34. See "Property Pictures" on page 34 inder Important Disclosures

Maturity/
Expiration

N/A

Outstanding
(in millions)

227.3 6

100.5 7

329.0

845.9

1.2 8

Important Information - Debt and Preferred Summary CMCT

Excludes: (a) \$1.3 million of secured banswings and the represent sold bans that are treated as
secured borrowing because the loan meet the derecognition criteria provided

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On April 3, 2025 he Company completed by an office property in Austin Texas the "Austin Refinancing"). The
Company used a portion of the proceeds from the Austin Reflancing

Octstantin Stokeres Stock represent total black 31, 2025 f.12,40,87, l.240,87, l.240,874, les redemplos of
3,483 shares, multi one of S250 per since liculdes stare lised to
Dustanding Series A Prefer Stock represents total shares issued as of March 31, 2025 of 8,820,338, less redemptions of
4,799,446 shares, multiplied by the stated value of
Outstanding Series D Preferred Stock represents total sharch 31, 2025 of 56,857, less redemptions of 8,410,
multiplied by the stated value of \$25,00 per share. Gross procee

Note: All page of the presentation must be viewed in conjunction with the important Disclosures on page 34. See "Propery Pictures" on page 34 under Important Disclosures

w.creativemediacommunity.com | CMCT Creative Media & Community Trust Corporation

ઠ

Annualized Rent. represents gross monthly base rent, or gross monthly contractual rent under parking and retail leases, multiplied by 12. This amount reflects total cash rent before abatements. Where applicable,
annualized rent has been grossed up by adding annualized expense reimbursements to base rent. Annualized rent for certain office properties includes rent attributable to retail.

Assets Owned and Operated (AOO). represents the aggregate assets
owned and operated by CIM on behalf of partners (including where CIM contributes alongside for its own account) and co-investors, whether or not CIM has discretion, in each case without duplication.

Property Pictures. The property/properties shown may not be representative of all transactions of a given type or of investments generally, may represent an investment/investments that performed better than other investments made by CIM-funds, is not necessarily indicative of the performance of all such investments by CIM-funds and is intended solely to be illustrative of the types of investments that may be made by CMCT. There can be no assurance similar investment opportunities will be available to CMCT or that CMCT will generate similar returns.

Logos. CIM Group is not affiliated with, associated with, or a sponsor of any of the tenants pictured or mentioned. The names, logos, and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies. The trade names shown are reflective of the tenants in properties owned by CMCT. Corporate tenants may also occupy numerous properties that are not owned by CMCT. CMCT is not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the tenants or of their products on services pictured or mentioned. The names, logos and all related product and service names, design marks and slogans are the trademarks or service marks of their respective companies.

DISCLAIMERS. The results that an investor will realize will depend, to a significant degree, on the assets actually purchased by CMCT from time to time and the actual performance of such assets, which may be impacted by economic and market factors. The actual performance of CMCT will be subject to a variety of risks and uncertainties, including those on page 3. In no circumstance should the hypothetical returns be regarded as a representation, warranty or prediction that a specific investment or group of investments will reflect any particular performance or that it will achieve or is likely to achieve any particular result or that investors will be able to avoid losses, including total loss of their investments. Inherent in any investment is the potential for loss. There can be no assurance that CMCT will achieve comparable results, that the returns sought will be achieved or that CMCT will be able to execute its proposed strategy. Actual realized returns on investments may differ materially from any return indicated herein.

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treativemediacommunity.com | CMCT Creative Media & Community Trust Corporation

Important Disclosures

Capital Returned to Shareholders. The amounts of regular and special cash dividends per share are based on the number of shares outstanding as of the applicable record dates. All amounts have been adjusted to give
retroactive effect to the reverse stock split that occurred in 2019. Past performance is not indicative of future results. CMCT is the product of a
merger (the "Merger") between a subsidiary of CIM Urban REIT, LLC ("ClM REIT"), a fund operated by CIM Group, and PMC Commercial Trust ("PMC"), a
publicly traded mortgage real estate investment trust, consummated in Q1 2014. Represents dividends paid on our Common Stock from January 1 2014 through September 30, 2020. Excludes a special dividend paid to PMC Commercial Trust's stockholders in connection with the Merger, but includes 2014 dividends received by CIM REIT stockholders prior to the
Merger and dividends on convertible preferred stock received by Urban Partners II, LLC, an affiliate of CIM REIT and CIM Group, on an as converted basis, in the Merger. The per share equivalent in proceeds from CMCT's June 2016 tender offer is \$6.45, calculated by dividing \$210,000,000, the amount used by CMCT to purchase shares of Common Stock of CMCT in the tender offer, by 32,558,732, the number of shares of Common Stock
outstanding immediately prior to such tender offer, as adjusted to give retroactive effect to the reverse stock split that occurred in 2019.

Adjusted Funds From Operations (AFFO). AFFO is a non-GAAP, nonstandardized measure which is widely reported by RES . Other REFT , nay AFFO may not be comparable to the AFFO of other REITs. CMCT calculates AFFO by (a) eliminating the impact on FFO of (i) straight-line rent faciled by the rent faciled by the rent faciled by the above and below market leases (including ground leases); (iv) amortization
of above and below market debt, loan premiums and discunstion of alsountion of enebi ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺮﺍﺟﻊ ﺍﻟﺴﻮﺩﺍﺕ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺴﺘﻮﻳﺔ ﺍﻟﻤﺮﺍﺳﻊ ﺍﻟﻘﺮﻥ ﺍﻟﻤﺮﺍﺳﻊ.
ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺮﺍﺟﻊ ﺍﻟﻤﺎﺿﻲ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺘﺤﺪﺓ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮ is all and provide a meaningful forecast of the comparable GAAP measures
or reconciliation to any forecasted GAAP measure without unreasonable effort.

AFFO is not intended to represent cash flow but may provide additional
perspective on CMCT's operating results and our ability to fund cash needs and pay dividends. AFFO should only be considered as a supplement to net
income. See page 31 for a reconciliation of AFFO to net loss attributable to
common stockholders.

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AI assistant

Creative Media & Community Trust Corporation — Earnings Release 2025

6737_rns_2025-05-11_0e0ef90a-bfdc-42fd-b865-cbab4640f735.pdf

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

FORM 8-K

CURRENT REPORT

Item 2.02 Results of Operations and Financial Condition

Item 7.01. Regulation FD Disclosure

Item 9.01 Financial Statements and Exhibits.

SIGNATURE

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION

Creative Media & Community Trust Corporation Reports 2025 First Quarter Results

First Quarter 2025 Highlights

Real Estate Portfolio

Financial Results

Management Commentary

First Quarter 2025 Results Real Estate Portfolio

Financial Results

Segment Information

Office

Total

Hotel

Multifamily

Lending

Debt and Equity

Dividends

FORWARD-LOOKING STATEMENTS

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (Unaudited and in thousands, except share and per share amounts)

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Consolidated Statements of Operations (Unaudited and in thousands, except per share amounts)

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Funds from Operations Attributable to Common Stockholders (Unaudited and in thousands, except per share amounts)

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Core Funds from Operations Attributable to Common Stockholders (Unaudited and in thousands, except per share amounts)

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION AND SUBSIDIARIES Reconciliation of Net Operating Income (Unaudited and in thousands)

Important Disclosures

Forward-looking Statements

CIM Group: Manager of CMCT

Creative Media & Community Trust Corporation

NASDAQ: CMCT | TASE: CMCT

CMCT Portfolio2

· Office Portfolio

Lending Division Subsidiary

Recent steps to strengthen balance sheet and improve liquidity

- Sheraton Grand Hotel up to \$92.2 million mortgage (including future funding to complete renovation)

Continue to grow premier multifamily portfolio

Strong office leasing activity and significant progress on hotel renovation

CMCT: Strategy of Investing Ahead of the Curve

Designed to Benefit From Changing Lifestyles1

Designed to Benefit From Changing Lifestyles1

Key Office Trends

Assets in Vibrant and Emerging Sub-Markets1

Assets in Vibrant and Emerging Sub-Markets

Case Study:

CMCT Management

David Thompson СМСТ СЕО

Barry Berlin СМСТ СFO

Richard Ressler

Avi Shemesh

Class A & Creative Office Portfolio1

Multifamily Portfiolio

Hotel & Parking Garage

1,500+ Multifamily Units in the Pipeline

Asset-Light Approach Enhances ROI

CMCT Competitive Advantages

CMCT | Property Summaries

Newer vintage, premier multifamily in high barrier to entry market

Channel House (Jack London Square)2

1150 Clay Street (Downtown Oakland)

Oakland Market

1902 Park Avenue (Echo Park)

4750 Wilshire Boulevard / 701 S Hudson Avenue (Park Mile)

9460 Wilshire Boulevard (Beverly Hills)

Austin: Stabilized Creative Office with Potential To Add Multifamily

Overview

A Compelling Growth Market

East Austin: Multifamily Development

A Dynamic Thriving Submarket

Overview

Echo Park: Office Value-Add & Ground-Up Multifamily

Overview

A Dynamic Submarket

Culver City: Potential Creative Office Development

Creative Media & Community Trust Corporation Earnings Release 2025