David Thompson

CIM Group

Owner

CIM Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$840.9 million – office 60%, condo 39%; Manhattan 65%, Brooklyn 34%

68th largest portfolio by dollar value

4,063,086 sqft – office 36%, condo 35%;

67th largest by SF

719 properties – Manhattan 54%, Brooklyn 45%

5th largest

1,150 residential units – Brooklyn 91%, Manhattan 8%

191th largest by residential units

0 foreclosures, 3 bankruptcies, 5 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 1 for $128 million

Borrower signatory: 1 for $80 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

JPMorgan Chase (5), Walton Street Capital (1), Claros Mortgage Trust (1), Chetrit Group (1), Arch Companies (1), Carlyle Group (1), Stonehenge NYC (1), Axos Bank (1)

Top Ten Associated People:

Andrew J. Fleck (1), Scott W. Kingsmore (1), Simon Burce (1), Jacob Chetrit (1), Jeffrey Simpson (1), Roni Kotel (1), Wonjoong Kim (1)

Recent activity as signatory:

CIM Group sold 165 East 66th St and 165 East 66th St, Lenox Hill, Manhattan for $128 million to Carlyle Groupand Stonehenge NYC on November 12, 2024.

CIM Group borrowed $80 million from JPMorgan Chaseand Axos Bank for 85 Jay Street, 85 Jay Street, 85 Jay Street, 180 Front Street, 180 Front Street, and others, DUMBO, Brooklyn on August 21, 2024.

CIM Group borrowed $62 million from JPMorgan Chase for 235 West 75th Street, 90 Lexington Avenue, 235 West 75th Street, 235 West 75th Street, 235 West 75th Street, and others, Upper West Side, Manhattan on October 05, 2022.

Arch Companies borrowed $48.4 million from CIM Group for 88 University Place, Greenwich Village, Manhattan on June 21, 2022.

• SHVOand Deutsche Finance America borrowed $162.4 million from Northwind Group for 683-685 Fifth Avenue, Midtown East, Manhattan on May 04, 2022.

CIM Groupand L+M Development Partners sold 275 Cherry Street, Lower East Side, Manhattan for $78 million to Chetrit Group on April 12, 2022.

CIM Group borrowed $245 million from JPMorgan Chaseand Claros Mortgage Trust for 51 Furman Street, 25 Columbia Heights, 67 Furman Street, and N/A Columbia Heights, Brooklyn Heights, Brooklyn on February 25, 2022.

• Walton Street Capital borrowed $65 million from CIM Group for 80-00 Cooper Avenue, Glendale, Queens on January 07, 2022.

CIM Group borrowed $68.4 million from JPMorgan Chase for 85-95 Jay Street, DUMBO, Brooklyn on October 18, 2021.

David Thompson filed plans for new building for 1,274,276 sqft in Lower East Side, Manhattan, on September 07, 2021.

Latest Stories:

• Carlyle, Stonehenge pay $128M to CIM for Lenox Hill rental, down from $200M November 13, 2024

• CIM acquires Greenwich Village office through UCC foreclosure, $48.6M transfer amount October 18, 2024

• SHVO, Deutsche Finance sign $100M refi with Northwind for 50 unsold condos in Midtown East October 11, 2024

• Arch Companies signs $48.4M refi loan with CIM Group for office in Greenwich Village June 22, 2022

• SHVO, Deustche Finance sign $162.4M refi with Northwind Group for high-end condo in Midtown East May 05, 2022

• Chetrit Group pays $78M to CIM Group, L+M for dev site in Lower East Side April 13, 2022

• CIM Group cuts debt on Brooklyn Heights office buildings to $245M, with JPMorgan Chase, Claros Mortgage Trust February 28, 2022

• CIM Group gets $393M refi from JPMorgan Chase for office property in Times Square March 26, 2021

• CIM Group ups recorded debt on 85 Jay to $345M from JPMorgan, Mack Real Estate May 21, 2020

• Michael Shvo, Deutsche Finance and Bilgili Group borrow $120M from CIM Group for development of 685 Fifth Avenue January 10, 2020