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CIM Fund Selling 4.6M SF Retail Portfolio For Nearly $900M
News

CIM Fund Selling 4.6M SF Retail Portfolio For Nearly $900M

A nontraded REIT run by CIM Group has agreed to sell a huge portfolio ... term of 9.2 years, according to a CIM press release. Realty Income expects to acquire the ... close by the end of the first quarter. CIM Real Estate Finance Trust expects to use the ...

Jan 03, 2023
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Group's Bid For Historic Black Neighborhood Site Falls Through
News

Group's Bid For Historic Black Neighborhood Site Falls Through

... is being overseen by asset manager DWS Group. It is unclear how much involvement ... approved in 2018.  In April, developer CIM Group planned to pay more than $100M for the ... down to fears about the effect a CIM-led development would have on the neighborhood.  ...

Dec 18, 2020
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CIM-Funded Expansion To Make Covington Studio One Of Georgia's Largest
News

CIM-Funded Expansion To Make Covington Studio One Of Georgia's Largest

Los Angeles-based CIM Group — the developer behind the multibillion- ... . CIM provided a $72M loan to Three Ring's co-owners, Woodvale and Timber Hill Group, ... month, Capstone South Properties and Domain Capital Group announced plans to develop a 300K SF film ...

Nov 30, 2021
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CSX CNN
News

CIM, Atlanta In Process Of Swapping More Gulch Property

Los Angeles-based CIM Group is already looking to enlarge its ... would swap the city-owned land with CIM Group. In exchange, CIM would donate some of the land it ... ABC reports. This is the latest move by CIM Group, led by the brother of Atlanta Hawks' majority ...

Aug 08, 2018
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CSX CNN
News

CIM's Incentives To Develop The Gulch Could Top $1B

Los Angeles-based CIM Group could reap at least a $900M ... in what have been largely quiet maneuvers by CIM to acquire and redevelop the Gulch property, ... home. It was unclear from the documents whether CIM's proposed financing package was independent of the ...

Aug 14, 2018
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CIM's La Cienega Project Working Again
News

CIM's La Cienega Project Working Again

Cranes are back at work on CIM Group's big hotel and residential complex above the Sunset Strip, ...

Jan 20, 2015
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CIM Sells San Francisco Apartments
News

CIM Sells San Francisco Apartments

LA-based CIM Group completed the sales of 12 apartment complexes in San Francisco-- ... , which arelocated in various types of neighborhoods throughout the city. CIM first set its sights on the Greater Bay Area in ...

Feb 07, 2013
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This Week's D.C. Deal Sheet: CIM Sells Rent-Controlled Adams Morgan Building
News

This Week's D.C. Deal Sheet: CIM Sells Rent-Controlled Adams Morgan Building

... records. The seller, Los Angeles-based CIM Group, purchased the property in 2013 for ... 245-unit The Shay last June. CIM Group sold another D.C.-area apartment ... Heaton Associates. PERSONNEL Chesapeake Real Estate Group, a Baltimore-based development company, ...

May 17, 2024
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This Week's LA Deal Sheet: CIM Buys La Brea Storefronts
News

This Week's LA Deal Sheet: CIM Buys La Brea Storefronts

... a three-story parking structure.  The acquisition was made through CIM Real Assets & Credit Fund. Terms of the acquisition were not ...

Dec 13, 2024
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goodtime hotel miami beach
News

Former Vornado CEO Accuses CIM Of Exploiting Lawyer's Error To Come After $43M Personal Guarantee

... the final loan documents they signed with their lender, CIM Group, that effectively stuck them with "potentially unlimited" personal ... opened in 2021, when the hospitality industry was hurting. CIM Group provided a $152M loan in 2021 to refinance the ...

Dec 17, 2025
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