<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019dda67-3d16-7e99-b8af-79adc52a2d5d,g:18897af9-a191-4fc3-85f8-4ff55c85dd5a-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.cimgroup.com/role/Cover" xlink:type="simple" xlink:href="cmct-20251231.xsd#Cover"/>
  <link:presentationLink xlink:role="http://www.cimgroup.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_019dda67-3d16-7284-80dc-44699c717f05" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentType_019dda67-3d16-7284-80dc-44699c717f05" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport_019dda67-3d16-723f-80ae-b105cdae3a43" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentAnnualReport"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentAnnualReport_019dda67-3d16-723f-80ae-b105cdae3a43" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_019dda67-3d16-79f7-8fab-4e14a0f70d77" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentPeriodEndDate_019dda67-3d16-79f7-8fab-4e14a0f70d77" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate_019dda67-3d16-77a9-8f9a-59b29b3319bb" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_CurrentFiscalYearEndDate_019dda67-3d16-77a9-8f9a-59b29b3319bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport_019dda67-3d16-7827-b8a5-376ac18a55f2" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentTransitionReport"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentTransitionReport_019dda67-3d16-7827-b8a5-376ac18a55f2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_019dda67-3d16-76d1-9551-945ae88be521" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityFileNumber_019dda67-3d16-76d1-9551-945ae88be521" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_019dda67-3d16-77c9-bdbd-f1401b024ec3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityRegistrantName_019dda67-3d16-77c9-bdbd-f1401b024ec3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_019dda67-3d16-79b9-91cc-5e963eb25f58" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityAddressAddressLine1_019dda67-3d16-79b9-91cc-5e963eb25f58" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2_019dda67-3d16-7e9a-941f-1d8fbd9ba48a" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressAddressLine2"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityAddressAddressLine2_019dda67-3d16-7e9a-941f-1d8fbd9ba48a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_019dda67-3d16-7905-b4c8-f87bede19f52" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityAddressCityOrTown_019dda67-3d16-7905-b4c8-f87bede19f52" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_019dda67-3d16-76dc-96d7-4357f82ed190" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityAddressStateOrProvince_019dda67-3d16-76dc-96d7-4357f82ed190" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_019dda67-3d16-7df4-9e2f-bda1fa0ca6ea" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityIncorporationStateCountryCode_019dda67-3d16-7df4-9e2f-bda1fa0ca6ea" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_019dda67-3d16-7d03-8d1d-c7152c18fd4f" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityAddressPostalZipCode_019dda67-3d16-7d03-8d1d-c7152c18fd4f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_019dda67-3d16-757b-907a-432c9bf6a35c" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityTaxIdentificationNumber_019dda67-3d16-757b-907a-432c9bf6a35c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_019dda67-3d16-779a-b9a4-a5dd340a4e69" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_CityAreaCode_019dda67-3d16-779a-b9a4-a5dd340a4e69" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_019dda67-3d16-71f7-bb30-0104b5d36ab3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_LocalPhoneNumber_019dda67-3d16-71f7-bb30-0104b5d36ab3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_019dda67-3d16-7990-9ed2-7ada4b3573df" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_Security12bTitle_019dda67-3d16-7990-9ed2-7ada4b3573df" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_019dda67-3d16-7af5-aa4c-2ddc721c50a0" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_TradingSymbol_019dda67-3d16-7af5-aa4c-2ddc721c50a0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_019dda67-3d16-7e4c-9cb6-2c66e9def0d3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_SecurityExchangeName_019dda67-3d16-7e4c-9cb6-2c66e9def0d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer_019dda67-3d16-7625-a3b9-40a7523f1ed7" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityWellKnownSeasonedIssuer"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityWellKnownSeasonedIssuer_019dda67-3d16-7625-a3b9-40a7523f1ed7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityVoluntaryFilers_019dda67-3d16-710d-89bc-18bc69363da7" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityVoluntaryFilers"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityVoluntaryFilers_019dda67-3d16-710d-89bc-18bc69363da7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus_019dda67-3d16-7a05-a209-2f802127ad11" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCurrentReportingStatus"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityCurrentReportingStatus_019dda67-3d16-7a05-a209-2f802127ad11" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent_019dda67-3d16-7c5c-bc15-27eaedcc8675" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityInteractiveDataCurrent_019dda67-3d16-7c5c-bc15-27eaedcc8675" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory_019dda67-3d16-7819-9dd3-a3141455e5b6" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFilerCategory"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityFilerCategory_019dda67-3d16-7819-9dd3-a3141455e5b6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitySmallBusiness_019dda67-3d16-7427-a2b5-2d1bb064b15e" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntitySmallBusiness"/>
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntitySmallBusiness_019dda67-3d16-7427-a2b5-2d1bb064b15e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_019dda67-3d16-794c-8e3d-b29a1971ccdf" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityEmergingGrowthCompany_019dda67-3d16-794c-8e3d-b29a1971ccdf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_IcfrAuditorAttestationFlag_019dda67-3d16-7b7f-a382-1da97af96ea3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_IcfrAuditorAttestationFlag"/>
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_IcfrAuditorAttestationFlag_019dda67-3d16-7b7f-a382-1da97af96ea3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany_019dda67-3d16-72bc-b640-cd8f921a91c3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityShellCompany"/>
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityShellCompany_019dda67-3d16-72bc-b640-cd8f921a91c3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityPublicFloat_019dda67-3d16-7e88-82eb-fbb2b2c74d8c" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityPublicFloat"/>
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityPublicFloat_019dda67-3d16-7e88-82eb-fbb2b2c74d8c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_019dda67-3d16-72ea-bf0a-649e810a7c53" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCommonStockSharesOutstanding"/>
    <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityCommonStockSharesOutstanding_019dda67-3d16-72ea-bf0a-649e810a7c53" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_019dda67-3d16-7dfe-836a-a01ad7d277a4" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="31" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_EntityCentralIndexKey_019dda67-3d16-7dfe-836a-a01ad7d277a4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_019dda67-3d16-7e49-96db-14b30dc478c1" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="32" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_AmendmentFlag_019dda67-3d16-7e49-96db-14b30dc478c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus_019dda67-3d16-73a1-b579-c3d86f4b2a2f" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentFiscalYearFocus"/>
    <link:presentationArc order="33" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentFiscalYearFocus_019dda67-3d16-73a1-b579-c3d86f4b2a2f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus_019dda67-3d16-7df3-9ee4-26079378f843" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:presentationArc order="34" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentFiscalPeriodFocus_019dda67-3d16-7df3-9ee4-26079378f843" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag_019dda67-3d16-7b9f-9409-d8a16a0f8bbd" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_DocumentFinStmtErrorCorrectionFlag"/>
    <link:presentationArc order="35" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019dda67-3d16-7544-b448-dca5cdc87543" xlink:to="loc_dei_DocumentFinStmtErrorCorrectionFlag_019dda67-3d16-7b9f-9409-d8a16a0f8bbd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.cimgroup.com/role/AuditInformation" xlink:type="simple" xlink:href="cmct-20251231.xsd#AuditInformation"/>
  <link:presentationLink xlink:role="http://www.cimgroup.com/role/AuditInformation" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_cmct_AuditInformationAbstract_019dda67-3d16-77e6-afbd-f83e14bb9809" xlink:href="cmct-20251231.xsd#cmct_AuditInformationAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorName_019dda67-3d16-7993-b6e1-3774c4afe4e3" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AuditorName"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_cmct_AuditInformationAbstract_019dda67-3d16-77e6-afbd-f83e14bb9809" xlink:to="loc_dei_AuditorName_019dda67-3d16-7993-b6e1-3774c4afe4e3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorLocation_019dda67-3d16-7b3d-ada8-d366033daac2" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AuditorLocation"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_cmct_AuditInformationAbstract_019dda67-3d16-77e6-afbd-f83e14bb9809" xlink:to="loc_dei_AuditorLocation_019dda67-3d16-7b3d-ada8-d366033daac2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorFirmId_019dda67-3d16-74d9-902c-642af737dd1f" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_AuditorFirmId"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_cmct_AuditInformationAbstract_019dda67-3d16-77e6-afbd-f83e14bb9809" xlink:to="loc_dei_AuditorFirmId_019dda67-3d16-74d9-902c-642af737dd1f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
