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CIM Group Completes First CMBS Refinancing of Large Retail Portfolio in 2021

JPMorgan Chase, Deutsche Bank Affiliate Co-Originate $650 Million Loan for 113 Properties
The Center at Hobbs Brook, a Walmart-anchored shopping center in Sturbridge, Massachusetts, is the largest property in a recently refinanced portfolio. (CoStar)
The Center at Hobbs Brook, a Walmart-anchored shopping center in Sturbridge, Massachusetts, is the largest property in a recently refinanced portfolio. (CoStar)

CIM Group has pulled off the first refinancing of a retail portfolio on the commercial mortgage-backed securities market during 2021’s COVID-19 pandemic recovery period.

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