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CIM’s LA Win Amid Northern Crisis | Real Estate News
CIM Group just landed a major West Hollywood apartment complex, The Domain, with 166 units and retail space — right next door to another CIM property — in a savvy deal with Hulic Company. Despite this LA win, CIM’s facing serious turmoil in Northern California, where two key office buildings are in foreclosure. The modern, amenity-packed property includes 30 affordable units and comes on the heels of CIM’s recent LA expansions, including converting a church into Coro and launching The Read. While LA’s rental market remains strong with low vacancy and rising rents, CIM’s balancing act between…
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