CIM Group
Nebius Leases 43,000 SQFT at 274 Brannan St., Signing Its First Direct San Francisco Office Lease
Amsterdam-based AI cloud company Nebius has signed its first direct San Francisco office lease, taking the top two floors of Harvest Properties' 274...
Plank Closure Deepens Tenant Exodus at CIM Group’s Jack London Square in Oakland
The permanent closure of Plank after nearly 12 years marks the latest departure in a widening tenant exodus at Oakland’s Jack London Square,...
Oakland Puts Foreclosure Transfer Tax on November Ballot, Targeting Up to $13MM a Year From Downtown Distress
Oakland has advanced a November ballot measure that would strip a long-standing exemption from its real estate transfer tax and turn the city’s...
Oakland’s 1 Kaiser Plaza Appraisal Craters 75% to $53.5MM as Kaiser Permanente Retreats
A fresh appraisal has slashed the value of CIM Group’s 1 Kaiser Plaza in downtown Oakland to $53.5 million, roughly a quarter of...
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...
CIM Group Lands $63MM Refinancing on Oceanfront Monterey Beach Hotel
The whole loan recapitalizes a 192-room Central Coast resort as CIM doubles down on a hospitality lending strategy launched in 2023. 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...
