Creative Media & Community Trust Q2 FY26 net loss narrows to $(11) million; FFO loss shrinks to $(3.5) million - CMCT News | RalliesCreative Media & Community Trust Q2 FY26 net loss narrows to $(11) million; FFO loss shrinks to $(3.5) million
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CMCT• Quarterly results
- Creative Media & Community Trust posted a net loss attributable to common stockholders of $11 million, or $4.03 per share, for Q2 2026.
- GAAP net loss narrowed from $14.3 million a year earlier, driven by a $4.3 million drop in redeemable preferred stock dividends.
- Non-GAAP FFO attributable to common stockholders improved to a loss of $3.5 million, or $1.28 per share; Core FFO loss was $3.4 million.
Operating metrics and debt
- Total segment NOI fell 5.2% to $9.3 million, while NOI excluding loss from unconsolidated entities rose 22.2% to $12.5 million.
- Office leasing was 72.3% at June 30, and multifamily occupancy was 95.3%.
- The Oakland office mortgage of $97.1 million matured in Q3.
