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CIM Group Builds Residential Portfolio Near Amazon's Second Headquarters

Los Angeles Firm Buys Twin Apartment Towers in Largest DC Area Apartment Deal This Year, and Starts Converting Hotel to Condos
CIM Group now owns more than 3,800 apartments in the D.C. area after acquiring Skyline Towers. (CoStar)
CIM Group now owns more than 3,800 apartments in the D.C. area after acquiring Skyline Towers. (CoStar)
By Bryce Meyers
CoStar News
December 16, 2019 | 9:26 P.M.

CIM Group is crossing off some last-minute items before the holidays, completing the single most expensive apartment deal in the Washington, D.C., market this year and kicking off the conversion of an Old Town Alexandria hotel into condominiums.

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