CIM Group, Inc.

CMRF ·Real Estate, REIT - Diversified, United States
Valuation › AI Valuation

AI Valuation

AI-generated fair value estimate for this company.

AI Fair Value $3.86
Market Price $2.10
Undervalued By 45.6%

Method: NAV-based valuation: Board-determined estimated common share value of $5.14 (as of Dec 31, 2025, based on independent third-party real estate/credit appraisals under the company's valuation policy) less a 25% illiquidity/transition discount, since shares no longer trade on a national exchange following the June 2026 combination with CIM Group LLC's management platform, legacy holders now hold only a 32.5% stake in the combined CIM Group Inc, and a re-listing is targeted within up to five years; $5.14 x 0.75 = $3.86.

Reasoning: CMRF's (CIM Real Estate Finance Trust, now CIM Group Inc) assets are senior real estate loans and net-leased property, for which an appraisal-based NAV is the standard valuation approach; however the REIT-status termination, internalization, dilution of legacy holders, and loss of exchange listing warrant discounting the $5.14 NAV materially below both that figure and the deeply discounted $2.10 OTC Pink quote.