Opportunity Zone Strategy
CIM has more than 20 years of experience investing in real estate and infrastructure supporting underserved, densely populated communities in areas now designated as Opportunity Zones.
The CIM Advantage
Throughout our history, CIM has maintained an emphasis on enhancing communities.
Our in-house investment, development, finance and property management teams have the community relationships and proven expertise to develop, redevelop and operate assets in Opportunity Zones.
Creating Value
Through a variety of real estate and infrastructure strategies, we make significant investments in the communities where we work, striving not only to increase asset value, but also to enhance the community as a whole.
Potential Asset Types
Real Estate
- Residential
- Office
- Retail
- Other (Hospitality, Industrial, etc.)
Infrastructure
- Renewable Energy
- Digital Infrastructure
- Transportation
- Social Infrastructure
- Waste Management
- Water Management
Downtown Los Angeles, CA
In the late 1990s, Downtown Los Angeles suffered from a shortage of housing, retail destinations, parking and signage to meet the needs of residents and workers who commuted to the city.
Motivated by economic, political and cultural forces present throughout the 1990s, the City of Los Angeles was determined to transform the city center from a business district into a thriving, 24/7 community with life bustling at every corner.
In 2001, CIM became one of the first institutional investors in downtown Los Angeles and committed more than $600 million to the submarket through 14 different projects from 2001 to 2007. These included one of the area’s first adaptive reuse projects, as well as Ralph’s at Market Lofts, the first full-service grocery store in downtown in over 50 years.
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