CIM Group
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...
330 & 340 Townsend Hit The Market: CIM Group Lists 181,000 SQFT SoMa Creative Office Portfolio in San Francisco Across From Caltrain
CBRE National Office Partners is marketing the two-building, fully leased portfolio with 188 parking stalls and Central SoMa CMUO zoning allowing up to...
Deutsche Bank Seizes 975,000-SQFT Oakland Office Portfolio From Starwood Capital on $442MM Debt
The lender took back three Uptown Oakland office towers via a deed in lieu of foreclosure and tapped a Bay Area firm to...
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....
