We strive to increase the value of individual assets and improve the ambiance of the community as a whole.

Our Opportunistic Strategy focuses on acquiring, developing and improving properties for successful operation and eventual sale. We pre-qualify thriving and transitional communities for investment, then seek out properties for our Opportunistic Strategy within those communities.

Creating Value

Depending on the individual asset, we may create opportunistic value through any of the following methods:

  • Extensive leasing

  • Substantial redevelopment

  • New construction

  • Adaptive reuse

  • Resolving distress and other special situations

Sunset La Cienega  |  Mixed-Use  |  Opportunistic  |  West Hollywood

Potential opportunistic property types:

  • Residential

  • Office

  • Retail

  • Hospitality

  • Entertainment

  • Mixed-use

Opportunistic Strategy in Action

Tribune Tower

CIM Transforms a Windy City Landmark


Tribune Tower | Chicago, Illinois

In 2016, CIM purchased Tribune Tower, a 96-story historic neo-gothic skyscraper located on Chicago’s Magnificent Mile. At the time, Tribune Tower served as an office building and was home to companies including the Chicago Tribune and Tribune Media. CIM saw an opportunity to enhance the community and create a gathering place for Chicago residents by redeveloping the existing building into a retail and residential destination. 

While respecting Tribune Tower’s architectural elements and landmark status, we plan to adapt the building for residential use. The 96-story historic tower will transform into over 430 apartments and 120 condominiums, providing additional housing options for downtown Chicago’s growing population. In addition, we plan to improve the street-level pedestrian experience by creating new and enhanced retail spaces.


The construction of residences and retail spaces at Tribune Tower will provide offerings that cater to the needs of residents and visitors. This project is just one example of our commitment to improving the lives of people in communities and creating value for our stakeholders. 

Tribune Tower

There can be no assurance that CIM will replicate past results or meet its objectives in the future.

Securities distributed by affiliate broker-dealer: CCO Capital, LLC, member: FINRA / SIPC