CIM Group Hires PIMCO’s Adam Lerer as Managing Director of Investments
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Summer’s unofficially over, and it’s time to get back to work. For Adam Lerer , that means a brand-new desk at CIM Group . The industry vet, with nearly 20 years of experience in commercial real estate, has been hired…
External link. Real Estate Trail does not republish source content.
More from the wire
SL Green unloads SoHo office tower as $2.5B selloff rolls on
ICP Acquires 680,000 SF Industrial Campus in Shrewsbury, Massachusetts
SHREWSBURY, MASS. — Industrial Commercial Properties (ICP) has acquired a 680,000-square-foot industrial campus in Shrewsbury, located in Worcester County. The development at 65 Chestnut St. consists of two buildings…
An MLS uprising: Is the idea of a MLS federation gaining ground?
Executives warn that a single national input standard could dilute hyperlocal context even as they seek shared infrastructure
Colliers Brokers $13.6M Sale of Medical Office Portfolio in Toms River, New Jersey
TOMS RIVER, N.J. — Colliers has brokered the $13.6 million sale of a portfolio of two medical office buildings totaling 55,680 square feet in Toms River, located near the Jersey Shore. The buildings at 1-3 Plaza Drive…
ABOC RELOCATES HEADQUARTERS, OPENS NEW FULL-SERVICE BRANCH AT 101 N. WACKER DRIVE
Long-term investment reflects bank's continued growth, modernization and commitment to Chicago CHICAGO, Sept. 9, 2026 /PRNewswire/ -- ABOC, also known as Amalgamated Bank of Chicago, has relocated its corporate headqu…
Finalists Named for the AFP 2026 Pinnacle Awards: Bandwidth, Google, ServiceNow
Sponsored by Truist for a third year, the AFP Pinnacle Awards recognize leading treasury and finance groups for innovation, excellence and impact ROCKVILLE, Md., Sept. 9, 2026 /PRNewswire/ -- The Association for Finan…