Recent Updates — CMRF
CIM Group accepted the resignation of board member Jason Schreiber, effective October 26, 2026, pursuant to a prior Contribution and Subscription Agreement. The board increased its size from five to seven members and appointed Avraham Shemesh, Shaul Kuba, and Alicia K. Harrison to fill the vacancies. Messrs. Shemesh and Kuba are co-founders of CIM Group and currently serve as vice presidents; they will not receive separate director compensation. Ms. Harrison is an independent director with prior board experience at Ryan Companies US and Independent Bank Group. The company also announced that its 2026 annual stockholder meeting will be held on December 9, 2026.
CIM Group, Inc. completed a series of transactions to acquire the real assets management business and portfolio of investments from CIM Group, LLC, establishing itself as a diversified owner, operator, lender, developer, and real assets management platform. The Contributed Entities received 907,376,073 newly issued CMFH Class A limited partnership units and an equal number of special voting preferred shares, representing 67.5% ownership, while pre-transaction stockholders retain the remaining 32.5%. Pro forma results for the year ended December 31, 2025, show total revenues of $959.1 million and net income attributable to the Company of $38.1 million. The company operates in the real estate investment management sector.