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CMCT updates investors on improving 2026 and 2027 operating trends
Creative Media & Community Trust said improving operating trends in parts of its multifamily, office, and hotel portfolio are supporting stronger results, excluding a joint venture loss tied to large noncash items.
Creative Media & Community Trust (CMCT) opened its second quarter 2026 earnings call by reaffirming strategic priorities focused on improving funds from operations in 2026 and 2027, according to the transcript posted via The Motley Fool Transcribing.
The company said operating trends are strengthening across its multifamily portfolio, its Los Angeles and Austin office assets, and its hotel asset in Sacramento, with those improvements translating into stronger operating results.
CMCT also noted that, excluding its joint venture loss in the quarter, which it said was primarily impacted by large noncash items, its net operating results were stronger than they otherwise would have appeared.