CMCT stock: 3 reasons why lending division sale will drive it even higher in 2026

Shares of Creative Media & Community Trust (NASDAQ: CMCT) nearly doubled on Wednesday after the real estate investment trust (REIT) agreed to sell its lending division to PG FR Holding. The transaction that marks a strategic pivot toward CMCT’s core focus – urban multi-family and creative office assets – is expected to generate about $31 million in net cash proceeds. Despite the explosive rally this morning, CMCT stock remains down sharply (year-to-date) – with the af