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Tribune Tower, Chicago
News

What's Next For Tribune Tower?

... talk heading into Labor Day is what CIM Group will do with Tribune Tower now that ... at 401 North Michigan and Oxford Capital Group opened (and sold) its boutique hotel ... the retail, office and hotel sectors. CIM has plenty of options for repositioning Tribune ...

Sep 01, 2016
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Header_PartFour (1)
News

‘The Problem Is Profound’: Among The Nation’s Largest Developers, 93% Of Executives Are White

... goal at this time," the IDI spokesperson said. LA-based CIM Group, which describes itself as “a community-focused real estate ... and make a positive difference in communities.” In June, CIM Group backed out of its acquisition of the 869K SF Baldwin ...

Feb 23, 2021
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Parking Garages Are Boston’s Hot Commercial Commodity
News

Parking Garages Are Boston’s Hot Commercial Commodity

... Rose Kennedy Greenway to Brooklyn-based Fortis Property Group for $170M in a deal brokered by ... sales. Los Angeles-based real estate firm CIM Group closed on a $114.2M deal earlier ... will stay on as a partner with CIM and move forward with plans for an eight ...

Sep 26, 2017
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CIM Group
News

Hope For Amazon HQ2 Lives In Embattled, $1.75B Deal To Develop The Gulch

... City Councilman Howard Shook confirmed to Bisnow Thursday that CIM Group is in talks with Norfolk Southern to potentially develop ... arm; the city's finance department; MARTA; and CIM Group, focused on the development agreement Mayor Keisha Lance Bottoms ...

Sep 14, 2018
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Joe Biden
News

Republican Or Democrat, The Opportunity Zone Program Will Likely Change Next Administration

On the legislative front, a bill by U.S. Sen. Tim Scott, a Republican from South Carolina, and one of the opportunity zone bill’s original sponsors, would put reporting requirements in place and has a good chance of becoming law, experts say. Opportunity ...

Aug 06, 2020
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The Washington Marriott Wardman Park hotel at 2660 Woodley Road NW.
News

Marriott Might Close 100-Year-Old Wardman Park Hotel

...  the property, with JBG Smith owning the remainder. The ownership group has not revealed its plans for the 16-acre site ... . ET: A previous version of this story incorrectly stated that CIM Group owns a partial interest in the hotel property. It sold ...

Jun 25, 2020
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Motor Mart Garage On Track To Be Latest Parking-To-Residential Conversion
News

Motor Mart Garage On Track To Be Latest Parking-To-Residential Conversion

... could soon take away a lot of Park Square parking.  CIM Group filed plans Friday with the Boston Planning & Development Agency to ... parking transformations taking place across the city. The HYM Investment Group is underway with Bulfinch Crossing, a 2.9M SF ...

Mar 06, 2018
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San Francisco
News

Some Tech Tenants Are Already Pulling Up Stakes In The Bay Area After WFH Edicts

... , end up faring worse than average, according to Strada Investment Group Vice President William Goodman.  As many of the Bay Area ... up 1100 Clay St., which it is working on with CIM Group, in the next few months. Oakland saw its one-bedroom ...

Jun 03, 2020
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Experts Wary This Private Equity Firm Could Profit From Its Relationship With Trump, Kushner
News

Experts Wary This Private Equity Firm Could Profit From Its Relationship With Trump, Kushner

Private equity firm CIM Group has been an active ... Trump accepted the Republican nomination for president.  CIM Group has roughly $19.7B under management and ... Trump’s SoHo hotel, WNYC News reports. CIM also purchased government contracts and a global interest ...

May 30, 2017
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The LA Deal Sheet
News

The LA Deal Sheet

... Lakes in West Covina. Waterford acquired the shopping center from CIM Group, paying $18.6M. The retail center is 80% occupied by ...

Oct 05, 2020
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