CIM GROUP, INC. (CMRF) Form 10-Q — Aug 14, 2026
CIM Group, Inc.'s 10-Q for the quarter ended June 30, 2026 reflects its transformation completed June 24, 2026, when it acquired CIM Group's real assets management business and investment portfolio from CIM Group Holdings (CMGH) via a reverse acquisition, with CMGH receiving 907.4 million special voting preferred shares and matching LP units representing 67.5% economic and voting ownership of the combined company. The deal lifted total assets to $6.45 billion from $1.14 billion at year-end 2025 and brought $2.65 billion of assumed debt, while the company terminated its REIT election effective January 1, 2026, incurring a $22.8 million corporate income tax provision in the quarter.
Key figures
- Revenue
- 111021000
- Total Debt
- 2995270000
- Revenue Yoy
- -18.3% (Q2 2026 total revenues $111.0M vs $135.9M in Q2 2025)
- Total Assets
- 6446563000
- Cash Position
- 218768000
- Shares Outstanding
- 436300000
- Total equity
- 2141239000
- Restricted cash
- 45663000
- Earnout liability
- 407500000
- Six month revenue
- 221810000
- Cmgh ownership pct
- 67.5% (up to 71.25% if earnout fully achieved)
- Revolver outstanding
- 180000000
- Unfunded commitments
- $210.6M loan commitments, $63.4M NewPoint JV, $18.4M fund capital commitments
- Earnout frr threshold
- 1882000000
- Income tax provision q2
- 22767000
- Senior notes outstanding
- 150000000
- Estimated per share value
- 5.14
- Debt assumed in transactions
- 2645080000
- Abs mortgage notes outstanding
- 758500000
- Ally bank facility outstanding
- 235000000
- Debt maturing within 12 months
- $1.3 billion
- Repurchase facilities outstanding
- 1639630000
- Net assets acquired in transactions
- 2245588000
- Principal repayments remainder 2026
- 1262202000
- Transaction related and other expenses q2
- 27462000
- Special voting preferred shares outstanding
- 907376074
AI analysis
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