CMCT stock: 3 reasons why lending division sale will drive it even higher in 2026
Core Insights - Shares of Creative Media & Community Trust (NASDAQ: CMCT) nearly doubled following the announcement of the sale of its lending division to PG FR Holding [1] Company Summary - Creative Media & Community Trust is a real estate investment trust (REIT) that has made a strategic decision to divest its lending division [1] - The sale to PG FR Holding is expected to significantly impact the company's stock performance, as evidenced by the nearly doubling of its shares [1]