The Fund invests in all product types including mixed-use, apartments, condos, office, retail, entertainment and parking in underserved districts of high population density. These urban districts include the downtown areas within large “traditional” cities, smaller “main street” districts within town or suburban cities and other locations which lie within the metropolitan areas of the country.

CIM believes there are many attractive investment opportunities as a result of the urbanization movement underway in many metropolitan markets, and that this urbanizing trend is propelled and sustained by changing demographics, shifting tastes and preferences and the rising cost of sprawl in these metropolitan areas. In addition, downtown and main street revitalization efforts are being assisted in many cities by increasing public support and incentives. The Fund targets investments in markets that exhibit: 

• Improving demographics and macro-economic trends

• Underserved real estate niches

• Strong public support

• Significant private sector investment