Home Commercial CIM Group Completes $230MM Recapitalization of The Lot at Formosa, A Historic West Hollywood Studio Campus
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CIM Group Completes $230MM Recapitalization of The Lot at Formosa, A Historic West Hollywood Studio Campus

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CIM Group has completed a $229.8 million internal transaction involving its West Hollywood studio property, The Lot at Formosa, in what the company characterizes as a strategic recapitalization move. According to Los Angeles County property records, CIM Group sold the 11-acre studio campus to The Lot in West Hollywood, a Delaware-registered entity controlled by the […]

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