C
IM Group has appointed Matthew Borstein as Managing Director and Co-Head of Credit, further expanding the firm's credit team and platform. With over 25 years of experience in real estate investments, loans, securities, and hard assets, Mr. Borstein brings expertise in building and leading global credit platforms.
"I'm thrilled to join CIM Group at this pivotal moment," said Mr. Borstein. "What sets CIM apart is its vertically integrated platform, distinctive vantage point, and world-class team with a strong commitment to growth." He will work alongside Daniel Ottensoser to lead capital deployment strategies across CIM's funds and accounts.
Mr. Borstein joins from Oak Hill Advisors, where he was Partner and Portfolio Manager of the commercial real estate business. Prior to that, he served as Global Head of Commercial Real Estate at Deutsche Bank, building a global platform overseeing debt origination, balance sheet lending, CMBS, and special situations. He also held positions at Wachovia, Nomura, and Credit Suisse First Boston.
As Co-Head of Credit, Mr. Borstein will play a key role in expanding CIM Group's credit platform and advising on asset management decisions and team development. "Matt is an outstanding addition to our team," said Mr. Ottensoser. "I welcome this opportunity to work with him to continue strengthening our platform."
CIM Group's CIM Real Estate Debt Solutions business applies its broad experience as a commercial real estate owner, operator, and developer to its lending strategy, differentiating the firm from other debt providers. Through mortgage and mezzanine loans, CIM Group provides financing to owners and developers of commercial real estate in major US markets.
realestate
Matthew Borstein Joins CIM Group as Co-Head of Credit to Drive Platform Growth
CIM Group Appoints Matthew Borstein as Managing Director, Co-Head of Credit.
Read More - realestate

realestate
MLS, Association Executives Diverge on NAR's Marketing Policy Delay
Industry execs largely disapprove of NAR's handling of Clear Cooperation, with some questioning motives.
Read More - realestate

realestate
Zillow to Hide Select Listings from Public View
Publicly marketed listings not widely available will be flagged May 28, barred June 30 if non-compliant.
Read More

realestate
NY AG's High-Profile Battles with Trump
However, I don't see a subheading provided. Please share the text you'd like me to rewrite, and I'll be happy to assist!