Home Commercial CIM Group Faces Default on $61.5MM Loan for 55 Hawthorne in San Francisco
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CIM Group Faces Default on $61.5MM Loan for 55 Hawthorne in San Francisco

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Skyline of San Francisco with fog moving from the West
Zetong Li For Unsplash+
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Los Angeles-based real estate investment firm CIM Group now confronts the possibility of losing control of a San Francisco office tower after lenders issued a formal notice of default on a $61.5 million loan tied to the property at 55 Hawthorne Street. The December 23 filing with the San Francisco Assessor-Recorder marks a critical inflection […]

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