We're pleased to announce the closure of an initial $125 million loan commitment with a potential increase up to $200 million to Applied Digital (NASDAQ: APLD). The loan will fund construction of Applied Digital’s High-Performance Computing (HPC) Campus in Ellendale, North Dakota. The data center is designed to provide massive computing power and support HPC applications. “As a long-term investor in digital infrastructure, CIM Group appreciates and supports the great strides Applied Digital is making with its diversification into next generation digital infrastructure designed to serve global technology companies," said Avi Shemesh, Co-Founder and Principal, CIM Group. Read the press release: https://lnkd.in/gYuc4c6e #cim #cimgroup
CIM Group
Financial Services
Los Angeles, CA 32,572 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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Is too much debt a good thing? CIM's Tal Lev-Ari, Managing Director, Portfolio Oversight, shares her perspective on debt and credit in the European real estate market in GRI Club Europe's "Real Estate Debt Pulse Check." Read her insights below. #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. 📌 Associate, Accountant (Jordan, UT) https://lnkd.in/gAPzd_MU 📌 Manager, Accounting (Jordan, UT) https://lnkd.in/g2RSVqCB 📌 Manager, Financial Planning & Analysis (LA) https://lnkd.in/gSqc3EHR 📌 Associate Vice President, Development (Atlanta) https://lnkd.in/gmp_yYyE 📌 Institutional Relationship Manager (LA) https://lnkd.in/gG-U9a8Z We have roles open across the country. Find a position here: https://lnkd.in/gsP7uyhi #cim #cimgroup
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Prime retail space is currently available at The Jayne on Mansfield, a newly constructed mixed-use building. The property includes 69 residential units above 5,000 square feet of ground-floor retail space, strategically positioned for high visibility within the historic West Adams community. West Adams is a dynamic retail and residential corridor, benefiting from its proximity to the 10 Freeway and the Metro light rail system. With an expansive portfolio encompassing major markets nationwide, our team strives to connect businesses with communities where they will flourish and grow. Learn more about retail leasing opportunities with CIM: https://lnkd.in/gX35DR8n #cim #cimgroup
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We're pleased to announce that HomeSense, a new concept from parent company HomeGoods, is opening a new storefront at Northwoods Shopping Center in San Antonio, TX. HomeSense will offer an expansive selection of home furnishings, fixtures, lighting, and décor. Located within Northwoods Shopping Center, HomeSense will join notable retailers including H E B Grocery Co, Barnes & Noble, Nordstrom Rack, Marshalls Convenience Stores, ULTA, and Old Navy Clothing Co. Read the press release: https://lnkd.in/g_zYHSqA Explore HomeSense: https://lnkd.in/gzsSyHq5 #cim #cimgroup
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Inspiring and educating the next generation of professionals in our industry is one of the many ways we seek to advance diversity and inclusion. Last month, our teams across the country hosted events for fellows in PROJECT REAP, a program that offers education, mentorship, and networking for individuals of color in the commercial real estate industry. - In Atlanta, our team hosted a networking event at the Centennial Yards Atlanta office. - In New York City, fellows toured CIM asset Front & York. - In Los Angeles, fellows tuned into a virtual presentation about CIM firm history and structure, investment platforms, fund strategies, and the development project cycle. We're proud to partner with Project REAP and support the advancement and career growth of underrepresented talent in commercial real estate. #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. 📌 Manager, Financial Planning & Analysis (Los Angeles) https://lnkd.in/gP3yHkGx 📌 Application Support Analyst (Los Angeles) https://lnkd.in/g2Z9hTNX 📌 Sr. Associate, Corporate Accounting (Phoenix) https://lnkd.in/g8BQqCQc 📌 Development Associate (Atlanta) https://lnkd.in/grD-wNtP 📌 1st VP, Business Development (Remote) https://lnkd.in/gcwbeTPF 👉 We have roles open across the country. Find a position here: https://lnkd.in/gisQmjB3 #cim #cimgroup
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We're pleased to announce the recent sale of the Goodyear Airport portfolio which is comprised of two, fully leased industrial buildings totaling 726,802 square feet in Arizona. The properties are located adjacent to the Phoenix Goodyear Airport in a designated Foreign Trade Zone. The buildings are leased to NPSG Global, a national third-party logistics provider, and Meyer Burger, a leading manufacturer of high-performance photovoltaic cells and modules. Our nationwide portfolio includes a broad range of industrial facilities positioned near key markets and major highways. Contact our team to learn more about potential industrial assets for sale. Read the press release: https://lnkd.in/gmxqNTVi #cim #cimgroup
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The Dominick in New York City kicked off the grand re-opening of Terrace on 7 and the start of the summer season with a rooftop soiree celebrating a new partnership with ResortPass. Hosted by Nicole Ritchie, the celebration featured dishes and cocktails from El Ta’koy, an Asian-Hawaiian culinary concept, and a menu of spa treatments from the award-winning Sisley-Paris Spa. ResortPass offers guests the option to book a day pass at select hotels and resorts, granting access to property amenities without having to book a full night’s stay. Read more about it: https://lnkd.in/g-jSbysx Book your staycation at The Dominick with ResortPass: https://lnkd.in/gmJQWKar #cim #cimgroup