CIM Group, Golub approved for Old Town luxury condo building

At a public meeting on Monday, Chicago developer Golub & Co. and LA-based partner CIM Group debuted a plan for both the new tower as well as the adaptive reuse of the 1925 neo-Gothic Tribune Tower.

Since co-founding the firm in 1994, Mr. Kuba has been an integral part of building CIM Group’s investment platforms. As a Principal and head of the firm’s development group, he is actively involved in the development, redevelopment and repositioning of CIM Group’s real estate investments including notable projects such as 432 Park Avenue.

Loan Default Rate Hits 11.23% in Spain, a New Record; Construction Defaults Hit 26.4%; Credit Plunges 5% In absolute terms, the volume of non-performing loans rose from 127.785 billion euros a year earlier to 178.597 billion in August, out of a total loan portfolio of 1.69 trillion.

An investor group including Los Angeles-based CIM Group and Chicago-based Golub has acquired the property from a venture led by developer Howard Weiner, who had planned a 10-story, 33-unit condo.

CIM Group Moves into Old Town Chicago with Golub, Avoda May 5, 2017 Los Angeles-based CIM Group formed a joint venture with a pair of Chicago-based firms, Golub & Company and Avoda Group, to acquire a half-acre site on Chicago’s Near North Side envisioned for development as a luxury residential building.

Fifteen Fifty on the Park is a new condo development by CIM Group, Golub & Company and Avoda Group in Chicago, IL. Explore prices, floor plans, photos and details. Now Selling from $1,625,000.

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real estate Chicago’s 2nd-Tallest High-Rise Proposed Next To Tribune Tower The developers of the $1 billion-plus project also want to turn the tower into upscale condos.

Located at the intersection of Chicago’s Gold Coast, Lincoln Park and Old Town neighborhoods, the new luxury condominium mid-rise Fifteen Fifty on the Park from CIM Group, Golub & Company and Avoda Group features generously sized plans, including four-bedroom residences with up to 4,500 square feet. Interiors for the 32 condominiums are.

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CHICAGO–(BUSINESS WIRE)–CIM Group and Golub & Company today announced the sale of a 40-story, 397-unit luxury multifamily residential tower at 1001 South State Street in Chicago’s South Loop.

CIM Group and Golub purchased the building in 2016 for $240 million. The first phase of the more than $1 billion project calls for 163 condominiums at Tribune Tower, to be occupied in 2020.

CIM Group and Golub & Company have acquired Chicago-based Chestnut Place, a 30-story apartment building with ground floor retail. No financial terms were disclosed.

CIM Group in a Joint Venture with Golub & Company and avoda group acquire development site at 1550 North Clark Street Partnership Designing New Luxury Condominium Building