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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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CSX CNN
News

Despite Revision, Gulch Vote Delayed

... announced Oct. 15 that the city and CIM Group reached a new agreement on the incentive ... incentive package would allow Los Angeles-based CIM Group to reap up to $1.75B in ... Downtown Atlanta parcel known as the Gulch. CIM envisions a project spanning 9M SF of ...

Oct 16, 2018
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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

... Baker as its director of development. Baker was previously at CIM Group, where he served as vice president of development. In his ...

Nov 13, 2022
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EpiCity
News

Like The BeltLine, 'The Stitch' Could Be Development Game-Changer For Atlanta

... controversial, redevelopment project during the Bisnow event. Robinson called CIM Group's plan to redevelop The Gulch a “once-in- ... even with incentives, given escalating construction costs, Robinson said CIM is not pursuing this project for short-term gains. ...

Oct 05, 2018
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Kushner Sells Stakes In 2 Major Brooklyn Developments
News

Kushner Sells Stakes In 2 Major Brooklyn Developments

... Brooklyn Panorama complex and 85 Jay St. to CIM Group. Kushner owned 2.5% in each of ... 85 Jay St. in 2016. The same group bought the site at 25-30 Columbia Heights ... as Panorama, for $340M earlier that year. CIM Group told the Post that Kushner would now focus ...

Jun 06, 2018
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The American Dream mall at the Meadowlands in New Jersey
News

American Dream, Reserves Depleted, Looking For 4-Year Loan Extension

... pay back nearly $2B in construction debt. Triple Five Group, the Canadian firm behind the 3M SF indoor mall and ... . Lenders on the mall include Starwood Property Trust, Goldman Sachs Group, CIM Group and iStar, according to Bloomberg. The mall, whose nearly ...

Feb 10, 2022
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Caroline Kenney of Urban Atlantic speaks at a groundbreaking ceremony for The Reynard and Aspen Square, two multifamily projects on The Parks at Walter Reed campus, on Sept. 15, 2022.
News

OZ Financing Propels New Projects On 66-Acre D.C. Campus Despite Rising Interest Rates

... venture partners on the project include Hines and Triden Development Group, and the team has also received opportunity zone investments for ... first apartment project on the site that was acquired by CIM Group in July 2021, is nearing full lease-up, Kenney ...

Sep 16, 2022
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This Week's Dallas-Fort Worth Deal Sheet
News

This Week's Dallas-Fort Worth Deal Sheet

... ,” Rubano said in a statement. “The ability for CIM to underwrite a whole loan financing of this size in ... healthcare development projects.  *** Multifamily developer and builder The NRP Group has named Alastair Jenkin senior vice president of development for ...

Aug 31, 2020
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Flooded Elevators, Burst Pipes At 49-Story Equity Residential Tower Haven't Stopped Rent Hikes
News

Flooded Elevators, Burst Pipes At 49-Story Equity Residential Tower Haven't Stopped Rent Hikes

... board at 432 Park Ave. hit developers Macklowe Properties and CIM Group, which co-developed the supertall condo tower, with a $125M ...

Aug 30, 2022
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CNN Center Is Officially Under New Ownership
News

CNN Center Is Officially Under New Ownership

... Center. Boca Raton, Florida-based CP Group, formerly Crocker Partners, announced Thursday it ... spokesperson declined to comment. A CP Group spokesperson confirmed the sale doesn't ... 5B redevelopment of The Gulch, where CIM Group plans to turn a sea of asphalt ...

Jul 01, 2021
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