THE CONDO BOOK PROJECT

CIM Real Estate Credit

Named as the sponsor's construction lender in 2 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

CIM Real Estate Credit's 2 buildings in these plans are all in Manhattan, all new construction, 50 units at the middle, offered at an average $4.4M per unit. No loan amount is stated in these plans or recorded for this lender in ACRIS.

Buildings
2
Residential units
100
Typical check
—
Years
2017–2021
ManhattanBrooklynQueensBronxStaten Island 685 Fifth Avenue Condominium, 685 Fifth AvenuePearl On The Park Condominium, 33 Park Row

Pro · Advanced analysis

Recent Growth

CIM Real Estate Credit's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

0 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023. 0% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
2021169

Latest: 685 Fifth Avenue Condominium, accepted Mar 5, 2021.

Strongest Relationships

The firms named most often on the same buildings as CIM Real Estate Credit, at least 2 in common.

Sponsor's counsel

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
685 Fifth Avenue Condominium685 Fifth Avenue · Manhattan · new constructionNamed as CIM Real Estate Credit, LLC · Sponsor: Bsd 685 New York Propco LLC · Named on p. 7 ↗202169—
Pearl On The Park Condominium33 Park Row · Manhattan · new constructionNamed as Bank of the Ozarks and CIM Real Estate Credit, LLC · Sponsor: One Beekman Owner, LLC · Named on p. 37 ↗201731—

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.