Richard Ressler Biography and Net Worth
Richard Ressler is a Co-Founder and Principal of CIM Group® with more than 30 years of active real estate, infrastructure and lending experience. Since co-founding CIM in 1994, Mr. Ressler has been a fundamental influence in shaping the organization and facilitating its growth. He is the chair of CIM's Executive, Investment, Allocation and Real Assets Management Committees, and serves on the firm's Credit Committee. He leads several teams essential to internal and external operations at CIM. Prior to co-founding CIM, Mr. Ressler founded Orchard Capital Corp., and continues to oversee companies in which Orchard Capital or its affiliates invest. Additionally, Mr. Ressler has served as Vice Chairman and in various executive capacities of Brooke Group Limited. Prior to Brooke Group he worked as an investment banker at Drexel Burnham Lambert, Inc. and as an attorney at Cravath, Swaine and Moore. Mr. Ressler currently serves as a board member for various public and private entities, including serving as chairman of the boards of CIM Commercial Trust Corporation and j2 Global, Inc. Mr. Ressler earned a Bachelor of Arts degree from Brown University and Juris Doctor and Master of Business Administration degrees from Columbia University.
What is Richard S. Ressler's net worth?
The estimated net worth of Richard S. Ressler is at least $47.20 million as of May 30th, 2023. Mr. Ressler owns 9,164,716 shares of Creative Media & Community Trust Co. stock worth more than $47,198,287 as of June 7th. This net worth estimate does not reflect any other assets that Mr. Ressler may own. Learn More about Richard S. Ressler's net worth.
How do I contact Richard S. Ressler?
Has Richard S. Ressler been buying or selling shares of Creative Media & Community Trust Co.?
Over the course of the past ninety days, Richard S. Ressler has bought $209,923.93 in Creative Media & Community Trust Co. stock. Most recently, on Tuesday, May 30th, Richard S. Ressler bought 9,300 shares of Creative Media & Community Trust Co. stock. The stock was acquired at an average cost of $5.09 per share, with a total value of $47,337.00. Following the completion of the transaction, the director now directly owns 9,164,716 shares of the company's stock, valued at $46,648,404.44. Learn More on Richard S. Ressler's trading history.
Who are Creative Media & Community Trust Co.'s active insiders?
Are insiders buying or selling shares of Creative Media & Community Trust Co.?
During the last year, Creative Media & Community Trust Co. insiders bought shares 20 times. They purchased a total of 823,494 shares worth more than $5,267,030.62. The most recent insider tranaction occured on May, 31st when CIO Shaul Kuba bought 4,200 shares worth more than $21,840.00. Insiders at Creative Media & Community Trust Co. own 41.2% of the company. Learn More about insider trades at Creative Media & Community Trust Co..
Information on this page was last updated on 5/31/2023.
Richard S. Ressler Insider Trading History at Creative Media & Community Trust Co.
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Creative Media & Community Trust Co. Company Overview
Creative Media & Community Trust Corporation is a real estate investment trust (REIT) that principally acquires, owns, and operates Class A and creative office investments located in vibrant and improving metropolitan communities throughout the U.S. Properties are primarily located in Los Angeles and the San Francisco Bay Area. Creative Media & Community Trust Corporation is operated by CIM Group, a vertically integrated, owner and operator of real assets with multi-disciplinary expertise including in-house research, acquisition, credit analysis, development, finance, leasing, and property management capabilities, and its affiliates.