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CIM trades The Lot at Formosa to sidecar fund for $230M

Shaul Kuba, Richard Ressler and Avi Shemesh’s CIM Group sold an 11-acre West Hollywood studio campus to its favorite client: itself. CIM CFO David Thompson signed the deal to trade the recently revamped 107-year-old complex known as The Lot at Formosa for $229.8 million to The Lot in West Hollywood, a Delaware shell company it […]

This article originally appeared on The Real Deal. Click here to read the full story.

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  • 25 June 2025
  • The Real Deal
  • Uncategorized
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