CIM Group Provides $127 Million Loan for 649,000-Square-Foot Office Campus in The Woodlands, Texas
Retrieved on:
Monday, January 10, 2022
CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $127 million loan to The Howard Hughes Corporation to refinance a 649,406-square-foot office campus at Hughes Landing in The Woodlands, Texas.
Key Points:
- CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $127 million loan to The Howard Hughes Corporation to refinance a 649,406-square-foot office campus at Hughes Landing in The Woodlands, Texas.
- The office campus is situated near several major highways, including Interstate-45 and the Grand Parkway, and 25 miles from George Bush Intercontinental Airport.
- CIM is a community-focused real estate and infrastructure owner, operator, lender and developer.
- CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests.