CIM Group

CIM is focused on making and managing real estate and infrastructure investments in urban communities, primarily across North America. CIM utilizes its significant array of investment and operational expertise to maximize returns and to mitigate its risk exposure. In order to support the growth of its qualified communities, CIM frequently makes additional investments in order to spur economic development and enhance the value of its initial investment.

Real Estate Specialization
Multifamily
Office
Retail
Residential Income
Mixed-use
Investment Type
JV partnership
Acquisition/Fee Simple
Operating company/entity
Debt
Multi-property portfolios
Investment Style
Core
Value-add
Opportunistic
Development
Typical Deal Size
> $50,000,000
01.31.2017
01.14.2014
image
Principal / Operations

Avi Shemesh

Avi Shemesh, Co-Founder and a Principal of CIM Group, has been an active real estate investor for over 24 years. Since co-founding CIM Group in 1994, Mr. Shemesh has been instrumental in building the firm’s real estate and infrastructure platforms. As a Principal and head of the firm’s Investments Group, he is actively involved in the investment process and provides guidance on the diverse investment ideas across CIM Group’s platforms. He serves on the firm’s Investment and Asset Management Committees. Additionally, Mr. Shemesh is responsible for the day-to-day operations of CIM Group, including strategic initiatives, property management and leasing and investor relations. Prior to CIM Group, Mr. Shemesh was involved in a number of successful entrepreneurial real estate activities, including co-founding Dekel Development, which developed a variety of commercial and multifamily properties in Los Angeles.

image
Principal / Investments

Monica Yamada

Monica Yamada is a Principal, Investments of CIM Group. As a Principal, Ms. Yamada serves on the firm’s Investment Committee. Prior to joining CIM Group in 1998, Ms. Yamada was the Director of Development for the Stitzel Company where she supervised all phases of engineering, tenant design and construction for Two Rodeo Drive, Beverly Hills and One Colorado, Pasadena. From 1981 to 1990, she worked for companies within the Bechtel Group, including Bechtel Investments, performing asset management, financial reporting, strategic planning and leasing. Ms. Yamada received a B.A. degree in Sociology from the University of Hawaii and an M.B.A. degree from Golden Gate University, San Francisco.

image
Principal / Investments

Charles Garner

Charles Garner is a Principal, Investments of CIM Group. As a Principal, Investments, he is involved in the investment and asset management process across CIM’s platforms, and serves on the Firm’s Investment and Asset Management Committees. Prior to joining CIM Group, Mr. Garner worked closely with CIM in various capacities since 1996, including originating Federal Realty Investment Trust’s partnership with CIM and managing that relationship for Federal Realty Investment Trust. Mr. Garner has been involved in billions of dollars of real estate transactions including the acquisition, joint venture investment, disposition and equity and debt financing of more than 100 properties. He began his career as a C.P.A. in the Washington, D.C. office of PricewaterhouseCoopers and has held various transactional positions with Federal Realty, Walker & Dunlop and The Stout & Teague Companies. Mr. Garner holds a B.S. degree in Management from Tulane University’s A.B. Freeman School of Business.

image
Principal / Chief Financial Officer

David Thompson

David Thompson is a Principal, Chief Financial Officer of CIM Group and CIM Commercial Trust Corporation. Prior to joining CIM Group in 2009, Mr. Thompson spent 15 years with Hilton Hotels Corporation, most recently as Senior Vice President and Controller, where he was responsible for worldwide financial reporting, financial planning and analysis, risk management, internal control and technical accounting compliance. His tenure at Hilton included both SEC compliance as a public company and reporting as a private equity portfolio company. Mr. Thompson’s experience includes multi-billion dollar real estate acquisitions and dispositions in the hospitality, gaming and timeshare sectors, as well as significant capital markets experience. He began his career as a C.P.A. in the Los Angeles office of Arthur Andersen & Co, where he was a manager in the audit practice. Mr. Thompson received a B.S. degree in Accounting from the University of Southern California.

image
Principal / Investments

Kelly Eppich is a Principal, Investments of CIM Group. As a Principal, he is serves on the Firm’s Investment and Asset Management Committees. Prior to joining CIM Group, Mr. Eppich served as the Chief Financial Officer of the Decurion Corporation/Pacific Theatres. In that capacity, he was responsible for all areas of finance, accounting, treasury, risk management and information systems development of the firm. From 1989 to 2000, he was Vice President Finance / Controller and then Vice President of Business Development, Finance and Administration for the International Recreation Enterprises Division of Warner Bros., which was responsible for the acquisition, development and operations of theme parks and multiplex theater real estate projects outside of the United States. Prior to joining Warner Bros., Mr. Eppich served as an Assistant Vice President and Assistant Corporate Controller for Maxicare Health Plans Inc. from 1986 to 1989 and worked for Ernst & Young from 1979 to 1986. Mr. Eppich received a B.S. degree in Finance with an emphasis in Accounting from Weber State University.

image
Principal / Counsel and Investor Relations

Nick Morosoff

Nick Morosoff is a Principal, Counsel for CIM Group. He has filled this role since 1998, joining CIM Group on a full time basis in 2001. As a Principal, Mr. Morosoff serves on the Firm’s Investment Committee. Prior to joining CIM full time, he was the General Counsel of Orchard Capital Corporation and of an affiliated public company. Before joining Orchard, Mr. Morosoff was an Assistant U.S. Attorney working for the Department of Justice in Los Angeles, specializing in real property seizures and forfeitures. Prior to that, he was an Associate with Sullivan & Cromwell for five years in New York and Los Angeles. In that capacity he performed research, analysis and negotiations on a variety of real estate transactions including acquisitions and dispositions, tenant leases, sale-leaseback transactions, and securitized real estate financings. Mr. Morosoff received both a B.A. degree in Economics and a J.D. degree from Boston University.

image
Principal & Founder

Richard Ressler

Richard Ressler is the founder and President of Orchard Capital Corp. ("Orchard Capital"), a firm that provides consulting and advisory services to companies in which Orchard Capital or its affiliates invest. Through his affiliation with Orchard Capital, Mr. Ressler serves in various senior capacities with, among others, CIM Group, L.P., (together with its affiliates, "CIM"), a real estate and infrastructure investment and management company, and Orchard First Source Asset Management (together with its affiliates, "OFSAM"), an investment adviser focusing on middle market debt investments. Mr. Ressler also serves as a board member for various public and private companies in which Orchard Capital or its affiliates invest, including as Chairman of j2 Global, Inc. (NASDAQ "JCOM"). Mr. Ressler co-founded CIM in 1994 and, through an agreement with Orchard Capital, chairs its investment and asset management committees. CIM is a full service urban real estate and infrastructure fund manager with in-house research, acquisition, investment, development, finance, leasing and management capabilities. Mr. Ressler co-founded the predecessor of OFSAM in 2001 and, through an agreement with Orchard Capital, chairs its executive committee. Both OFSAM and its wholly owned subsidiary, OFS Capital Management, LLC, are registered with the United States Securities and Exchange Commission as registered investment advisers. Mr. Ressler served as Chairman and CEO of JCOM from 1997 to 2000 and, through an agreement with Orchard Capital, currently serves as its non-executive Chairman.

image
Principal & Founder

Shaul Kuba

Shaul Kuba, Co-Founder and a Principal of CIM Group, has been an active real estate investor for over 24 years. Since co-founding the firm in 1994, Mr. Kuba has been an integral part of building CIM Group’s investment platforms. As a Principal and head of the firm’s development group, he is actively involved in the development, redevelopment and repositioning of CIM Group’s real estate investments including notable projects such as 432 Park Avenue. Additionally, Mr. Kuba is instrumental in sourcing new investment transactions and establishing and maintaining relationships with national and regional retailers, hospitality brands and restaurateurs. He serves on the firm’s Investment and Asset Management Committees and provides guidance on the diverse investment ideas across CIM Group’s platforms. Prior to CIM Group, Mr. Kuba was involved in a number of successful entrepreneurial real estate activities including co-founding Dekel Development, which developed a variety of commercial and multifamily properties in Los Angeles.

image
Principal / Property Management

Terry Wachsner

Terry Wachsner is a Principal, Property Management of CIM Group. As a Principal, Mr. Wachsner serves on the Firm’s Investment and Asset Management Committees. Prior to joining CIM Group in 2005, Mr. Wachsner was Director of Asset Services for Continental Development Corporation where he was involved in property acquisitions, new revenue generation, real estate tax appeals, leasing, and joint venture representation for company-owned assets. Prior to that, Mr. Wachsner held the position of Executive Managing Director for Kennedy-Wilson Properties, Ltd. where he was responsible for operations and leasing of a 75 million square foot national portfolio of office, retail, industrial, and apartments (10,000 units). From 1980 to 1998, Mr. Wachsner headed up Heitman Properties, Ltd. as President, Property Management responsible for the day-to-day operations of the management division that included at one point 125 million square feet of office and industrial properties plus 25,000 apartment properties. Mr. Wachsner received a B.A. degree in Psychology from University of California, Los Angeles, and a Master of Arts degree in Architecture and Urban Planning from University of California Los Angeles.

image
Principal / Investments

Jennifer Gandin

Jennifer Gandin is a Principal, Investments of CIM Group. As a Principal, she is actively involved in the investment management across CIM Group’s platforms, and serves on the Firm’s Investment and Asset Management Committees. Prior to joining CIM Group, Ms. Gandin worked in acquisitions for the private equity firm Gores Technology Group, as an investment banker for Donaldson, Lufkin & Jenrette, in equity research covering stocks traded on the Stock Exchange of Thailand, and as a C.P.A. at Price Waterhouse. Ms. Gandin received a B.S. in Business Administration from University of California, Berkeley and an M.B.A. from Columbia Business School.

image

Cris Bremner

image
Vice President

David Thomas

image
General Manager

Larry Martin

image
Recruiter Manager

Wendy Norton

image

Victor Ambrosio

image

Kathy Thomas

image
Developer

John Given

WHO’S NEWS

2015-03-04 16:00:00