Manager – ESG Program

CIM Group completes 75-unit Read apartments in West Adams, LA. CIM Group announces completion of The Read apartments in West Adams. CIM Group has officially announced the completion of The Read, a six-story, 75-unit apartment community located at 5217 W. Adams Blvd. in Los Angeles. This newly constructed development also features 9,000 square feet of ground-floor retail space, providing a dynamic mix of residential and commercial offerings. The project represents CIM Group's continued commitment to enhancing urban neighborhoods by blending modern living with historic surroundings. A name inspired by its location. The name "The Read" is derived from its unique location at the corner of Redondo and West Adams Boulevards, highlighting the property's connection to its vibrant neighborhood. By adopting a name that resonates with its immediate surroundings, The Read emphasizes both its identity and its role within the local community. This thoughtful naming approach underscores the building's commitment to celebrating West Adams' rich cultural and historical heritage while providing contemporary living options. Contemporary living spaces. The Read offers a mix of one- and two-bedroom residences, designed with modern amenities to meet the needs of today's urban residents. Each apartment features high-quality finishes, including wood flooring, quartz countertops, and contemporary fixtures throughout. Residents also enjoy the convenience of in-unit washers and dryers, making day-to-day living easier and more comfortable. Large windows in every unit allow for an abundance of natural light, enhancing the open, airy feel of each apartment while offering residents scenic views of the surrounding neighborhood. Modern amenities for urban lifestyles. Beyond the individual residences, The Read includes a range of amenities designed for modern urban living. A rooftop lounge serves as a social hub for residents, complete with BBQ grills for entertaining friends and family. Fitness enthusiasts can take advantage of the fully equipped fitness center, providing opportunities for exercise without leaving the comfort of home. These communal spaces foster interaction among residents and cultivate a sense of community within the building, thereby complementing the dynamic urban environment outside. Prime location in West Adams. Located in the heart of the West Adams district, The Read places residents in one of Los Angeles' most historic and culturally rich neighborhoods. West Adams is renowned for its walkable streets, historic architecture, and a distinctive blend of established businesses alongside innovative entrepreneurs. Residents of The Read have access to a vibrant local scene, including new dining experiences, boutique retail shops, and cultural attractions. By situating the development within such an engaging neighborhood, CIM Group ensures that residents can enjoy the lifestyle benefits of an active, walkable community. Accessibility and connectivity. The Read offers convenient access to public transportation options, making it easy for residents to navigate Los Angeles without relying solely on private vehicles. The property is well-connected to the Metro light rail system, as well as major highways, including the 10 Freeway, allowing for straightforward access to Downtown Los Angeles, Santa Monica, Culver City, Beverly Hills, Hollywood, and other key destinations on the Westside. This prime connectivity ensures that residents can enjoy both the quiet charm of West Adams and the excitement of the broader Los Angeles area. Opportunity Zone benefits. The Read is situated within a Qualified Opportunity Zone, providing potential tax benefits and investment incentives for those involved with the property. CIM Group has over two decades of experience in acquiring and developing real estate and infrastructure within Opportunity Zones, supporting both community revitalization and economic growth. By strategically developing The Read in such a location, CIM Group leverages these benefits to create value for investors while simultaneously enhancing the local community. Retail and community integration. In addition to residential units, The Read includes 9,000 square feet of ground-floor retail space, designed to accommodate a mix of commercial tenants. This retail component encourages local entrepreneurship and strengthens neighborhood engagement by offering spaces for restaurants, shops, and service providers. By integrating residential and retail elements, The Read promotes a lively streetscape and contributes to the economic vitality of West Adams. A blend of history and modernity. West Adams is renowned for its historic architecture, tree-lined streets, and culturally significant landmarks. The Read carefully balances modern design with respect for the neighborhood's heritage, ensuring that the development complements its surroundings rather than overshadowing them. By incorporating contemporary finishes, thoughtful layouts, and community-focused amenities, The Read provides a modern lifestyle experience while maintaining a connection to the area's historical context. Commitment to quality and community. CIM Group's development of The Read reflects its long-standing commitment to creating high-quality residential communities that enhance urban neighborhoods. The project demonstrates a careful approach to design, construction, and community integration, ensuring that both residents and the surrounding area benefit from the development. Through its focus on walkability, modern amenities, and accessible transportation options, The Read positions itself as a model for thoughtful urban living in Los Angeles. A lifestyle destination. Residents of The Read are not just renting apartments - they are becoming part of a dynamic community. With nearby cultural attractions, dining, and retail options, the building offers more than a place to live; it provides a lifestyle. Whether enjoying the rooftop lounge, exploring the local streets, or taking advantage of nearby transit options, residents can fully experience everything West Adams has to offer.

Iconic Atlanta soul food restaurant The Busy Bee to open location at Centennial Yards. ATLANTA, Ga. (Atlanta News First) - The Busy Bee is coming to Centennial Yards. On New Year's Day, developer CIM Group announced the iconic Atlanta restaurant signed a lease for a new 2,985-square-foot location at The Mitchell residential tower, which is part of the $5 billion mixed-use Centennial Yards development in Downtown Atlanta. It will be the soul food institution's third location. The Busy Bee announced in April that a second restaurant was coming to Atlantic Station in 2026. The Centennial Yards eatery is expected to open in 2027. "This lease underscores our vision to create a district that is authentic to Atlanta, where global entertainment meets local culture," CIM Group said in a press release. Founded in 1947, The Busy Bee's original location off Martin Luther King Jr. Drive has been a celebrated cornerstone of Atlanta's culinary scene for nearly eight decades. In recent years, it's been recognized by the James Beard Foundation and received several Michelin Bib Gourmand honors. "The Busy Bee has always been about love, tradition, and doing things the right way - slow, from scratch, and with care," Busy Bee owner Tracy Gates said in a statement. "Centennial Yards lets us honor our Downtown Atlanta roots while welcoming new guests to the neighborhood." The Mitchell location will introduce a "quick-service format" highlighting the "slow-cooked flavors and soul the restaurant is known for," CIM Group said. The new location will also feature the first full cocktail, beer and wine menu in the restaurant's nearly 80-year history.

CIM Group named Infrastructure Manager of the Year by Insurance Investor. LOS ANGELES-(BUSINESS WIRE)-CIM Group announced today that it has been named Infrastructure Manager of the Year by Insurance Investor at the publication's North American Awards ceremony held on December 4 in New York City. Insurance Investor, a trade news and market intelligence website covering news, analysis, interviews, reports, events, and directory of leading providers in the insurance asset management sector, hosts the annual awards to recognize excellence across insurance companies, asset managers, fund service providers, and consultants. CIM Group was also shortlisted for Real Estate Manager of the Year, underscoring the firm's growing influence and leadership in insurance for both its real estate and infrastructure strategies. For more than 15 years, CIM Group has invested in infrastructure assets that provide necessary services and support the growth of communities across North America including in digital infrastructure, renewable energy, water management, waste management, transportation and social infrastructure. "CIM Group is thrilled to be named Insurance Investor's Infrastructure Manager of the Year. This recognition reflects the strong performance and capabilities of our infrastructure platform and the deep partnerships we've built with insurance investors. We remain committed to working closely with our team and clients to deliver value as a trusted, collaborative asset manager while positively impacting the communities we serve," said Bernie Ryan, Managing Director, Head of Insurance at CIM Group. "The level of entries into this year's Awards was particularly high, with entries from some of the most respected names in insurance capital and asset management. With all entries reviewed by judges - respected investment officers of insurance companies - on an anonymized basis, means the award for CIM Group of Infrastructure Manager of the Year highlights the applicability and relevance of the business's solutions to North American insurance companies," said Noel Hillmann, Chief Executive Officer of Insurance Investor. About CIM Group CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM's diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.