Creative Media & Community Trust Corporation received a maturity default notice on July 9, 2026, regarding a $97.1 million non-recourse mortgage on 1 Kaiser Plaza. The company elected not to refinance the mortgage and is currently engaging with a special servicer to find a long-term resolution. Creative Media & Community Trust Corporation is a real estate investment company.

Creative Media & Community Trust Corporation completed three series of equity issuances to redeem Series A and Series A1 Preferred Stock in lieu of cash. On May 12, 2026, the company issued 4,418 and 26,992 shares of Common Stock to redeem 1,200 and 6,952 shares of Series A1 and Series A Preferred Stock, respectively. On May 28, 2026, it issued 68,971 and 19,296 shares to redeem 16,000 and 4,221 preferred shares. On June 15, 2026, it issued 26,210 and 162,792 shares to redeem 4,835 and 28,093 preferred shares. Conversion prices were based on the 20-day VWAP, totaling approximately $6.36, $5.41, and $4.30 per share for the respective dates. The company operates in the financial services industry.