Amendment: SEC Form SCHEDULE 13D/A filed by Creative Media & Community Trust Corporation
$CMCT
Real Estate Investment Trusts
Real Estate
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 22)
|
Creative Media & Community Trust Corp (Name of Issuer) |
Common Stock, par value $0.001 per share (Title of Class of Securities) |
12564W102 (CUSIP Number) |
David Thompson c/o CIM Grp LLC 4700 Wilshire Boulevard, Los Angeles, CA, 90010 (323) 860 - 4900 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/09/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
Richard Ressler | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
 (a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
49,908.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 22 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
Avraham Shemesh | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
49,593.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 22 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
Shaul Kuba | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
49,593.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person:
The Reporting Person disclaims beneficial ownership of the reported Common Shares except to the extent of his pecuniary interest therein, and the inclusion of such shares in this Amendment No. 22 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
CIM Urban Sponsor, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
AF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
CALIFORNIA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,930.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
0.26 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
CIM Real Assets & Credit Fund | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC, OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,584.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
0.21 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IV |
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
CIM CMCT MLP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
37,414.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
5.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
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| CUSIP No. | 12564W102 |
| 1 |
Name of reporting person
CIM Capital Real Property Management, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
8,480.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
1.1 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.001 per share | |
| (b) | Name of Issuer:
Creative Media & Community Trust Corp | |
| (c) | Address of Issuer's Principal Executive Offices:
17950 PRESTON RD, SUITE 600, Dallas,
TEXAS
, 75252. | |
Item 1 Comment:
Reference is made to the initial statement on Schedule 13D (the "Initial Statement") filed with the Securities and Exchange Commission (the "SEC") on March 11, 2014 by Urban Partners II, LLC, a Delaware limited liability company ("Urban II"), Richard Ressler, Avraham Shemesh, Shaul Kuba and CIM Service Provider, LLC, a Delaware limited liability company, and relates to the common stock, par value $0.001 per share (the "Common Shares") of Creative Media & Community Trust Corporation, a Maryland real estate investment trust (the "Issuer"), as further amended by Amendment No. 1 dated September 19, 2016 ("Amendment No. 1"), Amendment No. 2 dated June 14, 2017 ("Amendment No. 2"), Amendment No. 3 dated December 20, 2017 ("Amendment No. 3"), Amendment No. 4, dated March 19, 2019 ("Amendment No. 4"), Amendment No. 5, dated August 13, 2019 ("Amendment No. 5"), Amendment No. 6, dated August 16, 2019 ("Amendment No. 6"), Amendment No. 7, dated August 27, 2019 ("Amendment No. 7"), Amendment No. 8, dated September 19, 2019 ("Amendment No. 8"), Amendment No. 9, dated October 16, 2019 ("Amendment No. 9"), Amendment No. 10, dated November 13, 2019 ("Amendment No. 10"), Amendment No. 11, dated April 10, 2020 ("Amendment No. 11"), Amendment No. 12, dated June 1, 2021 ("Amendment No. 12"), Amendment No. 13, dated June 22, 2021 ("Amendment No. 13"), Amendment No. 14, dated June 29, 2021 ("Amendment No. 14"), Amendment No. 15, dated September 8, 2021 ("Amendment No. 15"), Amendment No. 16, dated September 20, 2021 ("Amendment No. 16"), Amendment No. 17, dated October 8, 2021, Amendment No. 18, dated January 10, 2022 ("Amendment No. 18"), Amendment No. 19, dated May 9, 2023 ("Amendment No. 19"), Amendment No. 20, dated May 22, 2023 ("Amendment No. 20") and Amendment No. 21, dated September 27, 2024 ("Amendment 21" and the Initial Statement, together with Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11, Amendment No. 12, Amendment No. 13, Amendment No. 14, Amendment No. 15, Amendment No. 16, Amendment No. 17, Amendment No. 18, Amendment No. 19, Amendment 20, and Amendment 21, the "Schedule 13D Filing"). The address of the principal executive office of the Issuer is 5956 Sherry Lane, Suite 700, Dallas, Texas 75225.
Except as otherwise described herein, the information contained in the Schedule 13D Filing remains in effect. Capitalized terms used but not defined in this Amendment No. 22 shall have the respective meanings set forth with respect thereto in the Schedule 13D Filing. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | CIM CMCT MLP directly owns 37,414 Common Shares, or approximately 5.0% of the outstanding Common Shares. CIM Urban Sponsor, LLC ("CIM Urban Sponsor") directly owns 1,930 Common Shares, or approximately 0.3% of the outstanding Common Shares. CIM Real Assets & Credit Fund ("CIM RACR") directly owns 1,584 Common Shares, or approximately 0.2% of the outstanding Common Shares. CIM Capital Real Property Management, LLC ("CIM CRPM") directly owns 8,480 Common Shares, or approximately 1.1% of the outstanding Common Shares.
Messrs. Ressler, Shemesh and Kuba may be deemed to indirectly beneficially own the 49,408 Common Shares beneficially owned by CIM CMCT MLP, CIM Urban Sponsor, CIM RACR and CIM CRPM described above (collectively, the "Affiliate Shares") as a result of their status as control persons of CIM Group, as described in Item 2 of the Schedule 13D Filing.
In addition to the Affiliate Shares, Mr. Ressler is the indirect beneficial owner of 500 Common Shares through the holdings of a subsidiary of a trust formed by Mr. Ressler for the benefit of his family members for which he serves as trustee. As a result, Mr. Ressler may be deemed to beneficially own 49,908 Common Shares, representing approximately 6.6% of the outstanding Common Shares.
In addition to the Affiliate Shares, Mr. Shemesh is the indirect beneficial owner of 185 Common Shares through the holdings of The Shemesh Family Trust, of which he was the grantor. As a result, Mr. Shemesh may be deemed to beneficially own 49,593 Common Shares, representing approximately 6.6% of the outstanding Common Shares.
In addition to the Affiliate Shares, Mr. Kuba is the indirect beneficial owner of 185 Common Shares through the holdings of The Kuba Family Trust, of which he was the grantor. As a result, Mr. Kuba may be deemed to beneficially own 49,593 Common Shares, representing approximately 6.6% of the outstanding Common Shares.
Each of the Reporting Persons disclaims beneficial ownership of the reported Common Shares except to the extent of his or its pecuniary interest therein, and the inclusion of such shares in this Amendment No. 22 shall not be deemed an admission of beneficial ownership of all of the reported shares for any purpose.
The information set forth in this Amendment No. 22 sets forth the beneficial ownership of the Reporting Persons as of June 9, 2025, and assumes there are 754,607 Common Shares outstanding as of such date. | |
| (b) | Mr. Ressler has the sole power to vote and dispose of 500 Common Shares and the shared power to vote and dispose of 49,408 Common Shares. Messrs. Shemesh and Kuba each have the shared power to vote and dispose of 49,593 Common Shares. CIM CMCT MLP has the sole power to vote and dispose of 37,414 Common Shares. CIM Urban Sponsor has the sole power to vote and dispose of 1,930 Common Shares. CIM RACR has the sole power to vote and dispose of 1,584 Common Shares. CIM CRPM has the sole power to vote and dispose of 8,480 Common Shares. | |
| (c) | All changes to the shares reported in this Amendment 22 reflect the stock dividend of 0.2020 shares of Common Stock per share of Common Stock paid on October 8, 2024. | |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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