In the late 1990s, Downtown Los Angeles suffered from a shortage of housing, retail destinations, parking, and signage to meet the needs of residents and workers who commuted to the city. After identifying Downtown Los Angeles as a Qualified Community, CIM began investing in the area in 2001. CIM has since committed more than $600 million to the market and now owns multiple assets in Downtown Los Angeles. CIM’s investment has delivered such assets as Flower Street Lofts, a vintage UPS warehouse converted into modern condominiums, which was one of the first adaptive reuse projects of its kind in the area. CIM also introduced a Ralph’s grocery store, Downtown Los Angeles’ first supermarket in 50 years. Learn more about our Opportunity Zone Strategy: https://lnkd.in/gQWKkxbH #cim #cimgroup
CIM Group
Financial Services
Los Angeles, CA 33,239 followers
Creating Value. Enhancing Communities.
About us
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Our in-house team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we’re a diverse team of more than 1,000+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we’re striving to make an even greater impact in the years to come. To learn more about CIM, visit us at: http://www.cimgroup.com
- Website
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https://www.cimgroup.com
External link for CIM Group
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- Los Angeles, CA
- Type
- Privately Held
- Founded
- 1994
- Specialties
- Real Estate, Infrastructure, Financial Services, Commercial Real Estate, Development, REIT, Net-Lease Real Estate, Diversity, Community-Focused, Lending, Professional People, Institutional, Professional Development, Asset Management, Property Management, Urban, Repositioning, Creditworthy Tenants, Investor-Focused, and Shareholder-Focused
Locations
Employees at CIM Group
Updates
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Centennial Yards Atlanta recently signed a long-term lease with Cosm, a leading immersive technology, media, and entertainment company. The 70,000-square-foot, three-level immersive entertainment venue will deliver live sports and experiential entertainment in Shared Reality. Cosm is the first addition to the new world-class Sports and Entertainment District that broke ground at the project earlier this summer. “At Centennial Yards, we have the opportunity to reshape a major area of Atlanta as a walkable and appealing destination for residents and visitors, and key to that effort is bringing unique and engaging businesses such as Cosm that attract people to the district,” said Shaul Kuba, Co-Founder and Principal, CIM Group. Read the press release: https://ow.ly/ljLL50SOmG3 #cim #cimgroup #centennialyards
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From the revival of the Third Street Promenade in Santa Monica in the 1990s to the present-day transformation of the West Adams neighborhood, CIM Group Co-Founder and Principal Shaul Kuba has been shaping the Los Angeles commercial real estate scene for decades. Los Angeles Times recognized Kuba in"L.A. Influential," a list profiling changemakers and their contributions to the city of Los Angeles. We're honored to have him included on this prestigious list! Read more about it: https://lnkd.in/g-WgzW5Y #cim #cimgroup
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Grow your career at CIM Group! We're looking for passionate individuals who enjoy working in a dynamic, entrepreneurial environment structured to reward creativity and achievement. 📌 Senior Accountant (PHX) https://lnkd.in/gwdye_bF 📌 Sr. Analyst, Financial Reporting (PHX) https://lnkd.in/g256-ppf 📌 Associate, Accountant (Utah) https://lnkd.in/g4iVJ3n9 📌 Manager, Accounting (PHX) https://lnkd.in/gcEWxjYX 📌 Manager, Accounting (LA) https://lnkd.in/geV2h2Du 📌 Marketing Specialist (PHX) https://lnkd.in/g7SxYMdS We have roles open across the country. Find a position here: https://lnkd.in/gh9bjVS5 #cim #cimgroup
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Private commercial real estate credit is a significant investment topic these days. Interested in learning more? Our latest white paper examines the potential advantages of this asset class, particularly about portfolio diversification and risk mitigation. Read it below. ⬇️ #cim #cimgroup #privatecredit #commercialrealestate
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CIM's summer internship program offers an engaging, dynamic learning environment with exposure to multiple facets of our teams and the opportunity to contribute to impactful projects. Last month, our Phoenix-based interns planned and organized a fundraiser and volunteer event benefitting St. Mary's Food Bank, a local nonprofit organization. The project entailed presenting a pitch for their chosen organization to support, coordinating a marketing campaign to raise funds and recruit volunteers, and hosting the final volunteer event. Our team members who participated in the event helped pack nearly 1,000 boxes of food for seniors in the community. Kudos to our interns and volunteers for making an impact! #cim #cimgroup #cimpact
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CIM's community qualification process helps ensure that our work makes a positive difference in communities while creating value for our stakeholders. We identified the East Austin submarket in Austin, TX as one of these areas most likely to benefit from our efforts. This corridor is among the most desirable locations for creative office space and residential in Austin as it has numerous food and dining options within close proximity and provides direct access to both the Central Business District and Eastside. CIM Group is an active owner, operator, and developer in Austin, bringing quality real estate uses to enhance the area as it does in other communities across North America. #cim #cimgroup
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We're pleased to share that The Dillon Silverlake II, a 52-unit apartment community completed in 2022, has been recognized as a winner in The American Institute of Architects (AIA) Los Angeles Residential Awards! The awards recognize projects with innovative and diverse design solutions that seek to enhance the quality of residential living in Los Angeles. The judges noted that the property's "ground-floor retail space is well-integrated, enhancing the building's interest and avoiding a monotonous, density-driven block." Congratulations to all parties involved in bringing this project to life! #cim #cimgroup
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CIM Group Unveils Boutique 23-Unit Apartment Building at 2599 Alsace in West Adams Neighborhood https://lnkd.in/gqzSczk7
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Private credit has played an increasingly important role in commercial real estate financing. Its potential benefits include high current income and portfolio diversification. However, not all private credit is created equal. Learn more in our latest white paper. Download it here: https://lnkd.in/g9JzaM8P #cim #cimgroup #privatecredit #alternativeInvestments
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