-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 FW2di5svNT+0We89MFuV4iXPV1ytTqnoDYSmjELopRE+mTtVpbxY6XG5xxIUeEwi
 +4IA+zxViPH2DbctfBJkGg==

<SEC-DOCUMENT>0001104659-04-038353.txt : 20041203
<SEC-HEADER>0001104659-04-038353.hdr.sgml : 20041203
<ACCEPTANCE-DATETIME>20041203163651
ACCESSION NUMBER:		0001104659-04-038353
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041123
FILED AS OF DATE:		20041203
DATE AS OF CHANGE:		20041203

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CRIIMI MAE INC
		CENTRAL INDEX KEY:			0000847322
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				521622022
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		11200 ROCKVILLE PIKE
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20852
		BUSINESS PHONE:		3018162300

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CRI INSURED MORTGAGE ASSOCIATION INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BLATTMAN BARRY S
		CENTRAL INDEX KEY:			0001215933

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10360
		FILM NUMBER:		041184209

	BUSINESS ADDRESS:	
		STREET 1:		16 STERLING ROAD SOUTH
		CITY:			ARMONK
		STATE:			NY
		ZIP:			10504
		BUSINESS PHONE:		9142733606
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>a4.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-11-23</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000847322</issuerCik>
        <issuerName>CRIIMI MAE INC</issuerName>
        <issuerTradingSymbol>CMM</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001215933</rptOwnerCik>
            <rptOwnerName>BLATTMAN BARRY S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>16 STERLING ROAD SOUTH</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ARMONK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10504</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chairman and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-11-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>3845.21</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2165.73</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>SEE FOOTNOTE</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>11.50</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-11-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1068.10</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2003-01-23</value>
            </exerciseDate>
            <expirationDate>
                <value>2010-01-23</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1068.10</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>601.59</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>SEE FOOTNOTE</value>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reported securities are held by BREF One, LLC, a limited liability company (BREF One), in which the reporting person is an investor and the managing member of the limited liability company that wholly owns the manager of BREF One.  On November 23, 2004, Brascan Real Estate Finance Fund I, L.P., a limited partnership (BREF Fund), of which the reporting person is a limited partner and the managing member of the limited liability company that wholly owns the general partner of BREF Fund, transferred all 1,212,617 shares of CMM Common Stock previously owned by BREF Fund to BREF One in exchange for $11.50 per share in cash.</footnote>
        <footnote id="F2">The number of shares reported as &quot;securities disposed of&quot; in column 4 represents the decrease in the reporting person's pecuniary interest in the 1,212,617 shares of CMM Common Stock after the transfer from BREF Fund to BREF One.  The reporting person disclaims beneficial ownership of the CMM Common Stock held by BREF One except to the extent of his proportionate pecuniary interest therein.  The reporting person indirectly owns the number of shares reported in column 5 as a result of his proportionate pecuniary interest.</footnote>
        <footnote id="F3">The reported securities are held by BREF One, LLC, a limited liability company (BREF One), in which the reporting person is an investor and the managing member of the limited liability company that wholly owns the manager of BREF One.  On November 23, 2004, Brascan Real Estate Finance Fund I, L.P., a limited partnership (BREF Fund), of which the reporting person was a limited partner and the managing member of the limited liability company that wholly owns the general partner of BREF Fund, transferred all 336,835 warrants to purchase shares of CMM Common Stock previously owned by BREF Fund to BREF One.</footnote>
        <footnote id="F4">The number of warrants reported as &quot;securities disposed of&quot; in column 5 represents the decrease in the reporting person's pecuniary interest in the 336,835 warrants to purchase shares of CMM Common Stock after the transfer from BREF Fund to BREF One.  The reporting person disclaims beneficial ownership of the warrants held by BREF One except to the extent of his proportionate pecuniary interest therein.  The reporting person indirectly owns the number of warrants reported in column 9 as a result of his proportionate pecuniary interest.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark Libera, by power of attorney</signatureName>
        <signatureDate>2004-12-03</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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