CIM Group has opened The Jayne, a 69-unit, six-story apartment building with six units designated as affordable and approximately 5,453 square feet of ground-floor retail.
The Jayne is an infill housing development bringing new apartments to the West Adams neighborhood, which offers a mix of historic buildings and established businesses alongside entrepreneurs that have chosen the area to launch new dining, retail and entertainment concepts. It features studio and one-bedroom floorplans, many with balconies, and all with contemporary design elements, flooring and fixtures and in-unit laundry.
The property is near public transportation options and offers convenient access to Downtown Los Angeles, Santa Monica, and the Westside, Culver City, Beverly Hills and Hollywood, due to its proximity to the 10 Freeway and the Metro light rail system.
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Their in-house team of experts works together to identify and create value in real assets, benefiting the communities in which they invest. Back in 1994, their three founders focused on projects in Southern California neighborhoods. Today, they’re a diverse team of more than 1,000 employees with projects across the Americas and in Western Europe. Their projects have delivered jobs; created comfortable places to live, work and relax; and provided necessary and sustainable infrastructure.
