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CIM Group Eyes Public Listing | Real Estate News
CIM Group is pulling off a major real estate overhaul, merging its assets with its non-traded REIT to become a powerhouse real asset manager poised for expansion. They’re ditching the REIT structure but keeping a foot in development, ownership, and lending to boost capital deployment across real estate, credit, and infrastructure. With ambitions to go public within two to five years—or risk a sale if IPO doesn’t materialize—the move is backed by the board and a special committee. Currently managing $32 billion in assets versus the REIT’s $4.7 billion, CIM is streamlining operations and even…
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