We strive to increase the value of individual assets and improve the overall ambiance of the community as a whole.

Our Value-Add Strategy focuses on acquiring and improving properties for long-term ownership. We pre-qualify thriving and transitional communities for investment, then seek out properties for our Value-Add Strategy within those communities. Our Value-Add Strategy includes private and Opportunity Zone vehicles for qualified institutions and individuals.

Creating Value

Depending on the individual asset, we may add value to properties through any of the following methods:

  • Leasing
  • Capital or tenant improvements
  • Redevelopment
  • Other substantial alterations
Residential - 888 Hope

Potential Value-Add Property Types

  • Residential
  • Office
  • Retail
  • Hospitality
  • Entertainment
  • Mixed-use

Opportunity Zone Focus

A subset of our Value-Add Strategy focuses on real estate and infrastructure assets located in underserved communities known as Opportunity Zones. These areas, which include 65 of CIM’s Qualified Communities, were identified as part of the Tax Cuts and Jobs Act of 2017 to encourage private investment. 


We make real estate and infrastructure investments in Opportunity Zones with an emphasis on improving the communities while increasing asset value. 
 

Value-Add Strategy in Action

Central Tower

CIM’s In-House Teams Revitalize a San Francisco Office Tower


Central Tower | San Francisco, CA

In 2013, CIM acquired Central Tower, a 21-story tower with an adjacent 6-story, 165,000-square-foot annex in the South Financial District of San Francisco. At the time, the property was home to more than 90 traditional office tenants inefficiently spread throughout approximately 133,000 rentable square feet.

Following the acquisition, our in-house Development and Investments teams converted and repositioned the building for creative use, developed an additional 30,000 rentable square feet and improved existing areas including a roof deck, the main lobby and the exterior façade.

Our Leasing team modified the tenant composition of the building and fully leased the post-renovated office space to 15 full-floor single tenants. The entire annex was also successfully leased to a single-use tenant, bringing the project to 100% leased.

Central Tower Interior

There can be no assurance that CIM will replicate past results or meet its objectives in the future.

Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC