CIM Gives $101M Construction Loan to Hines Partnership

CIM Group, a community-focused real estate and infrastructure owner, operator and lender, announced that it has closed on a $101 million construction loan to a partnership controlled by Hines for the development of a luxury multifamily property, a 379-unit 25-story apartment tower and 10,500 sq. ft. of office space built above three levels of existing underground parking....

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