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'Stay Alive Until '25': LA Capital Markets Pros Trying To Hang On In Market Minefield
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
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This Week's Dallas-Fort Worth Deal Sheet
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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Passive House Condo Developer Sued Over Alleged Roof Cracks, Building Leaks
News

Passive House Condo Developer Sued Over Alleged Roof Cracks, Building Leaks

... construction. ​ In 2021, Residents at 432 Park Ave. sued developers CIM Group and Macklowe Properties for $125M, arguing “sponsor malfeasance” left them ...

Apr 25, 2023
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San Pedro Office Building With Apartment Conversion Entitlements Sells
News

San Pedro Office Building With Apartment Conversion Entitlements Sells

... challenging to execute, though not impossible. In Mid-Wilshire now, CIM Group and its partners are working to convert a low-rise ...

Apr 10, 2023
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NYC Commercial Property Sales Tick Down As Interest Rates Start To Dent Activity
News

NYC Commercial Property Sales Tick Down As Interest Rates Start To Dent Activity

... South St. selling for $78M from CIM Group and L+M Development Partners to the Chetrit Group. Premier Equities sold 204 East 75th ... St. and 1297-1299 Third Ave. to Elad Group for $61M. There was $151.1M worth of retail property ...

Jul 07, 2022
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Hollywood Retail-To-Residential Conversion Gearing Up
News

Hollywood Retail-To-Residential Conversion Gearing Up

... St. — a joint venture of Sharp Capital and One Cole Group — filed for approvals to build a 189-unit residential property ... week, a new crop of investors signed on to a CIM Group project near Wilshire Boulevard and Highland Avenue that would convert ...

Mar 13, 2023
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Hollywood & Highland $100M Makeover Gets Underway
News

Hollywood & Highland $100M Makeover Gets Underway

... Capital Partners Inc. bought the shopping center from CIM Group in late 2019 for $325M. CIM retained ownership of the Dolby Theatre, which ...

Mar 11, 2021
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Famed Architect Rafael Viñoly Dies At 78
News

Famed Architect Rafael Viñoly Dies At 78

... residents of 432 Park have sued the building's developers, CIM Group and Harry Macklowe, accusing them of shoddy construction work and ...

Mar 06, 2023
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Second Massive Oakland Deal Falls Through
News

Second Massive Oakland Deal Falls Through

... per SF, setting a record for Oakland. Still owned by CIM Group, which paid Uber $180M for it in 2017, Uptown ... which is located at 1955 Broadway. Blackstone Group declined to comment, and spokespeople for CIM Group didn't immediately respond to requests for ...

Apr 02, 2020
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Great American Commons Office Park
News

This Week's San Francisco Deal Sheet

... been issued for a mixed-used facility in Oakland by CIM Group, according to SF YIMBY. The eight-story project will include ...

Jul 11, 2022
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