CIM Group
CIM Group Faces Default on $61.5MM Loan for 55 Hawthorne in San Francisco
Los Angeles-based real estate investment firm CIM Group now confronts the possibility of losing control of a San Francisco office tower after lenders...
Lenders File Lawsuit to Start Foreclosure Proceedings on 55 Hawthorne in San Francisco After Yelp Lease Expiration
By The Registry Staff Another office building in downtown San Francisco continues to face financial distress. Lenders are seeking to foreclose on a...
CIM Group Forms Westlands Electric Power Company with Plans to Develop Projects Across California’s San Joaquin Valley
LOS ANGELES – October 13, 2025 – CIM Group announced today the formation of Westlands Electric Power Company (WEPCO), a power company comprised...
CIM Group Sells 490 California in Palo Alto for $14M, 58% Below 2018 Purchase Price
Developers Snap Up Distressed Asset for $14 Million, Plan Venture Capital Hub as South Peninsula Shows Signs of Recovery Premia Capital and Prince...
$61.5MM Loan Connected to 55 Hawthorne in San Francisco Sent to Special Servicing as Main Tenant Yelp’s Lease Expires
By The Registry Staff San Francisco’s Financial District is facing another tremor in its commercial real estate market as Yelp’s lease at 55...
oWow Loses 102-Unit West Oakland Building at 1919 Market as Market Pressures Mount
Developer’s Financial Distress Reflects Broader Crisis in Oakland Multifamily Sector Oakland’s multifamily housing market is experiencing a wave of financial distress, with developers...
CMCT Closes $92.2MM Loan for Sheraton Grand Sacramento Hotel
Financing is Part of Previously Announced Program to Strengthen Balance Sheet and Liquidity DALLAS–Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE:...
Brookfield Property Partners Acquires 204-Unit Apartment Complex in Oakland Via Deed in Lieu of Foreclosure
By The Registry Staff As some Bay Area assets continue to experience financial distress, one of Oakland’s residential properties is now under new...
Oakland Office Market Hit as Kaiser Permanente Cuts 1 Kaiser Plaza Footprint
Kaiser Permanente’s decision to downsize its presence at its national headquarters in Oakland’s Ordway Building is casting uncertainty over the property’s financial future....
Amcal Housing, Swenson Secure $150MM in Financing for 260-Unit The Grad in San Jose
By The Registry Staff A major vote of confidence has been cast in San Jose’s real estate market, as The Grad, a prominent...
Gaw Capital Sells 162-Room Marriott Brand Hotel in Oakland for $10.6MM
By The Registry Staff An Oakland hospitality property has traded hands for a steep discount – 76 percent less from what it sold...
Pacific Urban Buys 201-Unit Arioso in Cupertino from CIM Group for $123.8MM
(Editor’s Note: According to public documents reviewed by The Registry, the sales price was $123.8 million, or approximately $615,920 per unit. CIM Group...
