CCIT III is a public, non-listed REIT formed in 2016 that primarily owns and operates income-producing, single-tenant necessity retail and corporate office and industrial properties subject to long-term net leases with national or regional creditworthy tenants. CCIT III seeks to provide access to high-quality commercial real estate assets, providing current income, reduced overall portfolio volatility and the potential for capital appreciation for its shareholders. CCIT III is sponsored by an affiliate of CIM.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Cole Corporate Income Management III, LLC • Cole Corporate Income Operating Partnership • Cole ID Columbus, WI LLC • CRI CCIT III LLC • VEREIT OFC Milford OH, LLC ...
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
28 Dec 20
15-15D
Suspension of duty to report
22 Dec 20
POS AM
Prospectus update (post-effective amendment)
22 Dec 20
8-K
Termination of a Material Definitive Agreement
22 Dec 20
425
Business combination disclosure
4 Dec 20
DEFA14A
Additional proxy soliciting materials
4 Dec 20
425
Business combination disclosure
23 Nov 20
425
Business combination disclosure
23 Nov 20
425
Business combination disclosure
23 Nov 20
425
Business combination disclosure
23 Nov 20
Latest ownership filings
No filings
Financial summary
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Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 2.79 mm | 2.79 mm | 2.79 mm | 2.79 mm | 2.79 mm | 2.79 mm |
Cash burn (monthly) | (no burn) | (no burn) | 45.49 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 1.95 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 845.01 k | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 18.6 | n/a | n/a | n/a |