CIM Group has received an offer from tech entrepreneur Daniel Negari to buy its publicly traded Creative Media & Community Trust subsidiary. Negari, who founded internet domain name XYZ.com, offered ...
In 2018, Donald Trump granted real estate a boon: The developer-turned-POTUS, as part of the Tax Cuts and Jobs Act, created “opportunity zones,” which gave tax forgiveness to real estate investors for ...
Los Angeles-based investment firm CIM Group is facing foreclosure at its Downtown Brooklyn office tower after months of dealing with financial struggles and tenancy turmoil in the building, records ...
An office tower across from Brooklyn’s Borough Hall has fallen 60 days behind on its mortgage, a new report says. The 36-story building at 16 Court St. dropped to 45% vacant after the City University ...
DALLAS — This story was originally published by our content partners at the Dallas Business Journal. Read the original version here. A landmark tower in downtown Dallas has nabbed a nine-figure ...
Los Angeles-based CIM Group has announced that Matthew Borstein, an experienced leader in the real estate credit industry, has joined the company as managing director, co-head of credit in a continued ...
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