More CIM-owned offices in Bay Area headed for foreclosure after loan default, receivership

Lenders for Central Tower are looking to foreclose on the distressed office building after CIM Group defaulted on its loan.

CIM Group Expands Real Estate Equity Team with Appointment of Asa Yapa as Managing Director

CIM Group announced today that Asa Yapa has joined the firm as Managing Director, Investments with a primary focus on the net ...

CIM defaults on Kaiser HQ tower as office distress in Oakland spreads

CIM Group has defaulted on another Bay Area office building, this time the headquarters of Kaiser Permanente in Oakland.

CIM Group Acquires 166-Unit Domain Apartments in West Hollywood, Calif.

CIM Group announced today the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, Calif., in ...
Crain's New York

CIM Group seeks to convert Panorama complex into mixed-use residential development

The Jehovah's Witnesses former world headquarters could again see new life, this time as residential apartments. Los Angeles-based CIM Group is seeking to rezone a swath of land in Dumbo that was once ...
Los Angeles Business Journal

First Phase of CIM Group’s Massive Solar Park in Central Valley Operational

CIM employees install a solar photovoltaic panel at the Westlands project. Mid-Wilshire-based CIM Group is best known as a real estate developer. But almost since its founding 27 years ago, CIM has ...
Business Wire

CIM Group Hires Veteran Financial Services Executive Paul Weisenfeld as Head of National Accounts in Expansion of Private Wealth Team

LOS ANGELES--(BUSINESS WIRE)--CIM Group announced today that distinguished financial services leader Paul Weisenfeld has joined the firm as Head of National Accounts as it continues to grow its ...
Los Angeles Times

CIM Group Establishes Insurance Industry Team and Names Bernard Ryan Managing Director, Head of Insurance

“CIM Group is a leading asset manager that operates in areas that are appealing to the insurance industry. I look forward to utilizing my skills and experience working with insurers to grow CIM ...
Business Wire

CIM Group Closes $47.5 Million Loan for Refinance of The View 168-Unit Apartment Building in Los Angeles

LOS ANGELES--(BUSINESS WIRE)--CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that its CIM Real Estate Debt Solutions business ...