APF Delinquent On One Office Building Loan, Struggling With 2 Others
... too. At 1440 Broadway, where WeWork is the largest tenant, CIM Group and Australian pension fund QSuper appear to be on the ...
Oct 27, 2023
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Ian Bruce Eichner Sued Over Alleged Building Defects At Madison Square Park Tower
... . In 2021, residents at 432 Park Ave. sued developers CIM Group and Macklowe Properties for $125M, arguing “sponsor malfeasance” has ... 2018, Eichner sued Dune Real Estate and Fortress Investment Group, claiming the pair were stopping his efforts to access ...
May 30, 2023
News
The Labor Crunch Is Complicating Restaurants' Recovery
... workforce once expanded federal unemployment benefits expire in September. CIM Group Vice President of Leasing Nick Garzia, who is working ... operators are not expressing labor concerns when talking to CIM Group for eateries that would open in 2022 or later, ...
May 05, 2021
News
This Week's LA Deal Sheet
... 's Lodge, both in Studio City. Hayner was previously at CIM Group, where he focused on the firm’s Los Angeles development ...
Sep 24, 2023
News
Introspection, Mindfulness And Relationship-Building: Bisnow’s Elevate Retreat Gathers Next Generation Of CRE Trailblazers
... across the U.S., including Fortress, Starwood, Invesco, Cerberus, CIM Group, Jamestown, Edens and Silverstein Properties. During those two days, ... connect with their own purposes and goals. The Menkiti Group founder and CEO Bo Menkiti’s workshop, 7 Keys ...
Sep 13, 2023
News
Underground Atlanta Owner Plans Resi Conversion Of 30-Story Downtown Office Tower
... fund developments — for the conversion, which is also close to CIM Group's Centennial Yards, the $5B development replacing the Gulch. "We ... the 320-unit Altitude luxury apartment tower in 2015, and CIM Group's conversion of 160 Trinity Ave. into the 162-unit ...
Aug 31, 2023
News
'I'll Show You Mine, You Show Me Yours': More Office Tenants Looking At Owners' Books Before Signing Leases
... been shooting up across the country. Last week, Starwood Capital Group defaulted on a $212.5M mortgage on Tower Place 100 ... firm will take 57K SF in the Related Cos. and CIM Group-owned property, was cited as an example of this trend ...
Jul 24, 2023
News
Realty Income Scoops Up Hundreds Of Single-Tenant Retail Properties For $1.25B
... subsector will remain active in the foreseeable future, the Boulder Group predicts, especially since the pipeline for development remains strong. ... high in rural and low-income urban areas. The CIM portfolio totals about 5.1M SF, with its properties ...
Sep 04, 2019
News
'Stay Alive Until '25': LA Capital Markets Pros Trying To Hang On In Market Minefield
... 's a real bid-ask gap between buyer and seller,” CIM Group Managing Director of Investments Bruce Lowrey said. The small sample ...
May 09, 2023
News
This Week's Dallas-Fort Worth Deal Sheet
... of the 18-story, 230K SF office tower. The landlord, CIM Group, was represented by Tommy Nelson and Alexandra Cullins of CBRE ... was completed in July 2022 and is 85% occupied. Newmark Group served as the sales broker for the transaction. *** BentallGreenOak ...
May 01, 2023
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