CMCT closes sale of lending division for $44.9mln, yielding $31.2mln in net cash proceeds.
ByAinvest
Thursday, Jan 22, 2026 4:26 pm ET1min read
CMCT--
Creative Media & Community Trust (CMCT) has closed the sale of its lending division to Peachtree Group for approximately $44.9 million, net of debt. The transaction yielded net cash proceeds of around $31.2 million, aimed at strengthening CMCT's balance sheet and improving liquidity.
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