CMCT Stock Soars After $44M Sale of Lending Arm; CFO Transition and SBA Consent in Focus (Nov. 12, 2025)
Published: November 12, 2025 What happened Creative Media & Community Trust Corporation (NASDAQ: CMCT) said today it has signed a definitive agreement to sell its lending division to PG FR Holding, LLC, an affiliate of the Atlanta‑based Peachtree Group. The deal value is approximately $44 million (net of certain securitization debt) and is expected to generate about $31 million in net cash to CMCT after debt paydowns and transaction costs, pending closing conditions. Business Wire Public markets applauded the move. CMCT shares ripped higher intraday—up roughly 66% around 12:24 p.m. ET—as traders digested the strategic divestiture and projected liquidity boost.