Central Tower
CommercialFinanceINDUSTRY newsLeasing
CIM Group Loses Control of Historic 165,000 SQFT Central Tower in San Francisco as Receiver Takes Over
A San Francisco Superior Court judge has placed the historic Central Tower into receivership after owner CIM Group defaulted on a $98 million...
CommercialFinanceINDUSTRY newsLeasing
CIM Group Nears Consensual Foreclosure of 165,000 SQFT San Francisco Tower After Unity Software Departure, $98MM Loan Default
Lenders expect to take ownership of the historic two-building property by the fourth quarter of 2026, marking the second San Francisco office asset...
