CIM Group

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CIM teams with Macklowe to take control of key NYC development site

The Los Angeles-based firm has agreed to buy back the debt of the former Drake Hotel in midtown Manhattan, after developer Harry Macklowe lost control of the site.

CIM Group contact information

Offices

marker icon4700 Wilshire Boulevard, Los Angeles, 90010, United States
Showing 1 of 11 CIM Group offices

Contacts

NameJob titleLocationEmail
user imageMr. Jordan Dembo
Job titlePrincipal and Chief Legal Officer
LocationLos Angeles, United States
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user imageMs. Mukya Porter
Job titlePrincipal and Chief Compliance Officer
LocationLos Angeles, United States
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user imageMr. Joe Terry
Job titleManaging Director and Chief Compliance Officer
LocationPhoenix, United States
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user imageMr. David Thompson
Job titlePrincipal and Chief Financial Officer
LocationLos Angeles, United States
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Stories that mention CIM Group

Side Letter: Deal-by-deal's cold turkey

Fund scoop on a deal-by-deal shop's debut blindpool raise. Plus: A Malaysian pension giant wants GPs to deploy more capital in its own backyard; and Mercury founder Alan Pardee has changed firms. Here's today's brief, for our valued subscribers only.

Fees trump carry in GP compensation

Management fees more than triple what GPs earn from performance-based carried interest, according to research exclusive to sister site PEM which could fuel the industry’s debate over private equity fee structures.

CalPERS to run placement fee audits

The California Public Employees’ Retirement System has approved a number of measures recommended by a special review on the use of placement agents.

New Jersey negotiates fee cuts

The $71bn pension system says cuts in fees it pays to investment managers will save it at least $40m over the next five years.

Real estate managers reveal placement agent fees

Amid 5,000 pages of documents released by CalPERS, it was revealed Capmark paid Credit Suisse a one-time fee of $27m for one fund, while RLJ paid Presidio $10.6m for two vehicles, including $1.7m for CalPERS' commitments.

MVision adds real estate duo to its ranks

MVision, the private equity placement agent business led by Mounir Guen, has appointed Mitchell Sikora and Scott Arden from JT Partners to boost its real estate services offering.