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Article: CIM Group Inc. (Infill).(housing developers)
- Article from:
- Los Angeles Business Journal
- Article date:
- June 30, 2003
- Author:
CopyrightCOPYRIGHT 2003 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Headquartered: Los Angeles
Top Regional Executives: Avi Shemesh, Shaul Kuba, chard Ressler, Co-Founders, Principals
Year Founded: 1994
Summary: Shaul Kuba, Richard Ressler and Avi Shemesh founded CIM 1994 to focus on opportunities in underserved districts of high density LA. CIM and its partners have investedin 33 projects.
Rising demand for downtown loft-style apartments, commitment by redevelopment authorities to rejuvenate neglected districts and long-term demographic changes have all played into CIM's strategy.
CIM Group broke ground in May on a downtown mixed-used development anchored by a Ralphs, the first new ...