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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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Zadok Ben-David, Girl on the Run, 2022. Sculpture at Miami Worldcenter.
News

$4B Miami Worldcenter Debuts Public Art Program Ahead Of Art Basel

... the lead developers on Miami Worldcenter, a partnership between Falcone Group and CIM Group. The project started construction in 2016, and will eventually ...

Nov 28, 2022
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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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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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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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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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CIM Group
News

In Efforts To Save The Gulch Deal, Mayor Bottoms Scraps Tax District Extension

... proposal, the most Los Angeles-based CIM Group could borrow in bonds from the Westside ... Atlanta. By capping future tax revenue, CIM will now be encouraged to redevelop the ... The original incentive package would have allowed CIM Group to reap up to $1.75B in ...

Oct 24, 2018
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