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8500 Sunset, LA
News

Plans For 8500 Sunset May Have Hit Roadblock

CIM Group recently sold the condo buildings at 8500 Sunset to Korman Communities and Brookfield Property Group. The new owners' plans are to turn ... Hollywood City Council. The 8500 Sunset complex is part of CIM Group's Sunset|La Cienega development.

Jul 13, 2017
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Motor Mart Garage Trades For $162M
News

Motor Mart Garage Trades For $162M

CIM Group closed on its acquisition of the Motor Mart Garage in ... greater Boston, and was completely restored in 1999. LA-based CIM Group also owns 95 Berkeley St in the South End, which ...

Oct 26, 2016
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Eastside Village Expands With New Class-A Building
News

Eastside Village Expands With New Class-A Building

CIM Group bought a 95k SF, four-story Class-A building at ... Plaza Saltillo MetroRail station, which provides zippy access to Downtown. CIM has been an investor in Austin since 2007 and holds ...

Jun 22, 2016
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Paseo Plaza
News

Paseo Plaza Could Be Coming To Hollywood

CIM Group may be taking steps to develop the old Sears Hollywood ...

Nov 01, 2016
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A Sign That NYC's Ultra-Luxe Market's Losing Steam?
News

A Sign That NYC's Ultra-Luxe Market's Losing Steam?

CIM Group and Harry Macklowe, the developers of 432 Park Ave, have ...

Nov 10, 2015
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Aerial rendering of Arbor Ranch.
News

NRP Breaks Ground On Affordable Denton Project: The DFW Deal Sheet

... Central Expressway in North Dallas to an undisclosed buyer. CIM Group acquired the property in 2016 and completed capital improvements ... leased at the time of the deal. JLL represented CIM Group in the transaction. *** Madera Residential purchased the 283- ...

Mar 23, 2026
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95 Berkeley St.
News

South End Office Building Set For Multifamily Conversion Sold For $24M

... acquired the building from Los Angeles-based CIM Group, the Boston Business Journal reported. CIM Group filed plans to turn the office ... $43M from The Community Builders. However, in 2024, CIM listed the building for sale, with CBRE marketing the property ...

Sep 05, 2025
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Virgin Hotels To Open First Atlanta Location In Centennial Yards
News

Virgin Hotels To Open First Atlanta Location In Centennial Yards

CIM Group, in a joint venture with Boston-based The ... Drew Co. had a relationship with the Virgin Group that helped lure it to the project.  The first ... feature nearly 3K SF of meeting space. Virgin Group operates seven hotels globally, along with a chalet ...

Apr 22, 2026
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This Week's D.C. Deal Sheet
News

This Week's D.C. Deal Sheet

CIM Group sold the Mason at Van ... based Shoreham Capital and Utah-based Bridge Investment Group acquired the property for more than $200M, ... story buildings and community and outdoor recreation areas. CIM completed renovations in 2019, including upgrades to ...

Mar 29, 2024
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California Lender Acquires Denver Apartment Property For $102M
News

California Lender Acquires Denver Apartment Property For $102M

... were purchased by Los Angeles-based lender and developer CIM Group, according to documents filed with the city and first ... against X Denver properties, according to city records. CIM Group owned several Denver multifamily and office buildings with about ...

Nov 12, 2024
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