CMCT Q1 2026 Earnings Call Summary
Capital Markets Commercial Trust (CMCT) reported its first-quarter earnings for 2026. Key highlights include the redemption of $243 million in preferred stock, which is expected to increase FFO by $16 million annually starting in 2026. The company also sold its lending division for approximately $31 million and reduced recourse debt through asset-based financings.
Tickers: $CMCT
Topics: debt profile preferred stock redemption segment performance