CIM faces another SF office foreclosure after major tenant’s exit, $98M default

A $98 million CMBS loan backed by the property is in special servicing handled by Rialto Capital, after a major tenant’s exit ...
Seeking Alpha

A Preferred Share Worth Scrutinizing From Chimera

CIM-A (CIM.PR.A) is a preferred share from Chimera Investment Corporation (CIM) that doesn’t seem to be getting much attention in financial analysis circles. CIM-A is a fixed-rate preferred share that ...
Seeking Alpha

Chimera Investment: Not Worth Chasing The Yield

Chimera Investment Corporation is a New York REIT focused on residential credit investments, particularly mortgage loans and related securities. CIM operates on a blend of debt and equity to optimize ...
Hoodline

SoMa Tower Trouble As CIM Gets Ready To Hand Over Central Offices

CIM Group is on track to give up control of the Central Tower complex, a pair of SoMa office buildings on Market Street, ...
The Real Deal

CIM forecloses on scandal-plagued 88 University Place

CIM Group has foreclosed on Arch Companies’ 88 University Place, a boutique office building plagued by controversies. CIM, the lender, alleged the owners of the 11-story building stopped making debt ...
Los Angeles Times

CIM lands in pension-fund spotlight

Real estate developer CIM Group Inc. has built a reputation as a big-city turnaround artist, transforming dreary business districts from downtown Los Angeles to Washington, D.C., with pricey loft ...