CIM Real Estate Finance Trust, Inc. has announced an updated estimated net asset value (NAV) of its common stock at $5.14 per share, reflecting a decrease from the previous year's NAV of $5.22 as of December 31, 2024. This adjustment is based on the fair value of the company's assets minus its liabilities, calculated by the board of directors with assistance from Kroll, LLC, an independent valuation advisory firm. The updated NAV will be used for stockholder account statements for the quarter ending March 31, 2026, and will also apply to the company's distribution reinvestment plan (DRIP) and share redemption program. The board's decision to adjust the NAV was influenced by various factors, including changes in the fair value of asset-backed securities and the estimated values of properties currently under contract or being marketed for sale. The company intends to update its estimated per share value annually in the first quarter of each year.

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