CIM Group Buys West Hollywood Apartments

CIM Group Buys West Hollywood Apartments

CIM Group is growing its holdings in West Hollywood while dealing with distress in the Bay Area.  The Los Angeles-based firm just purchased the Domain WeHo apartment community at 7141 Santa Monica... Read more »
CIM Group, Hulic Acquire West Hollywood Apartment Property

CIM Group, Hulic Acquire West Hollywood Apartment Property

CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co., Ltd. Although terms were not disclosed, LA Business First reported that the... Read more »
CIM Real Estate Finance Trust Acquires CIM Group LLC’s Real Estate Business

CIM Real Estate Finance Trust Acquires CIM Group LLC’s Real Estate Business

CIM Real Estate Finance Trust, Inc. said Monday it has acquired CIM Group, LLC’s real assets management business and portfolio of investments to form a combined company. Terms were not disclosed. In exchange for its... Read more »
CIM Sues Private Members Club Over Alleged Unpaid Rent

CIM Sues Private Members Club Over Alleged Unpaid Rent

A CIM-connected entity claims a social club called the Gathering Spot owes hundreds of thousands of dollars on its West Adams space. But the landlord is going after millions. The breakdown of... Read more »
CIM Group Considering Going Public in Next Several Years

CIM Group Considering Going Public in Next Several Years

The colossal CIM Group could become a publicly traded company, though it will take several years to know. The Los Angeles-based real estate firm is combining its assets and investments with its... Read more »
CIM Group Launches National Power Platform

CIM Group Launches National Power Platform

CIM Group has launched Permanent Power Company, a national power platform, following a series of recent transactions that include securing a long-term power purchase agreement (PPA) and a $400-million financing commitment from... Read more »
Logistics Firm Signs for 156K SF with CIM Group

Logistics Firm Signs for 156K SF with CIM Group

The Klabin Company/CORFAC International represented Columbia Container Lines LAX, Inc. in a 68-month lease transaction for a 156,096-square-foot industrial property located at 691-701 Burning Tree Rd. in Fullerton. The lease is valued at more than... Read more »
CIM Group Divests Greenwich Village Boutique Offices for M

CIM Group Divests Greenwich Village Boutique Offices for $46M

Newmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village. A joint venture between newly formed Bulldog Real Estate Partners and... Read more »
CIM Group Seeks Density Increase at In-Progress Project

CIM Group Seeks Density Increase at In-Progress Project

CIM Group is looking to increase density at an under-construction housing development in Hollywood.  The Los Angeles-based developer has filed new plans with the Department of City Planning to add an eighth... Read more »
CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood

CIM Completes Second Multifamily Project in LA’s West Adams Neighborhood

CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at 5217 W. Adams Blvd. in Los Angeles. The completion comes just three... Read more »