Small hedge fund tries for change at a real estate trust, where activists often find a tough fight

Small hedge fund tries for change at a real estate trust, where activists often find a tough fight

Sheraton Grand Sacramento Hotel

Source: Sheraton Grand Sacramento Hotel

A small firm is looking to make a change at a real estate investment trust, an area typically tough for activism.

Company: CIM Commercial Trust Corp. (CMCT)

  • Business: Real estate investment trust that primarily acquires, owns, and operate Class A and office assets in the United States.
  • Stock market value: $155…

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