Holed up: South L.A. projects languish as developer is linked to pension fund scandals. CIM denies any wrongdoing.
Los Angeles Business Journal › December 14, 2009
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Holed up: South L.A. projects languish as developer is linked to pension fund scandals. CIM denies any wrongdoing.
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DID CIM Group Inc. play the investment game too well? The embattled real estate company is saddled with three South L.A. properties acquired during its buying spree of a few years ago, when it had plenty of easy money from pension fund investors, including the California Public Employees' Retirement System. Today, the projects remain largely incomplete, and the Hollywood com...See the full content of this document
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