Jul
31
CIM Group Closes LA Hotel Sale
ByThe sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.
CIM Group sold the recently completed hotel that was built as part of its mixed-use Sunset La Cienega project. The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.
“CIM’s Sunset La Cienega mixed-use development provided the missing connection that links prominent sections of Sunset Boulevard. The new uses, including quality street retail, enlivens the area with enhanced pedestrian activity,” Shaul Kuba, principal & co-founder of CIM Group, told Commercial Property Executive…
