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Joint venture buys White Plains apartment building

LA-based CIM Group makes its first investment in New York's Westchester County
The 134-unit apartment building at 51 S. Broadway in White Plains, New York, opened last year and traded for $64.3 million. (CoStar)
The 134-unit apartment building at 51 S. Broadway in White Plains, New York, opened last year and traded for $64.3 million. (CoStar)
By Jack Quinn with
CoStar Research
September 9, 2026 | 10:59 P.M.

A joint venture between CIM Group and Hulic Co. acquired a 134-unit apartment building in White Plains, New York, from its developer, RMS Cos., for $64.3 million, or $479,851 per unit.

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