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CIM Group Sells the District at SoCo

Austin, Texas, Apartment Building Sold After Decade of Ownership
CIM Group sold the 215-unit property for over $45 million. (CoStar)
CIM Group sold the 215-unit property for over $45 million. (CoStar)
By Peter McNamara
CoStar Research
March 18, 2024 | 3:37 P.M.

A real estate and infrastructure owner, operator, lender and developer sold a 215-unit apartment complex in Austin, Texas, for $45.8 million.

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