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CIM Group's Plans to Merge REITs Reflects a Shifting Landscape for Capital Funding

CIM Real Estate Finance Trust to Expand to $5.9 Billion in Assets

CIM Real Estate Finance Trust’s ownership of single-tenant leased properties including this Walgreens at 4905 W Tropicana Ave. in Las Vegas will grow if the merger goes through. (CoStar)
CIM Real Estate Finance Trust’s ownership of single-tenant leased properties including this Walgreens at 4905 W Tropicana Ave. in Las Vegas will grow if the merger goes through. (CoStar)

CIM Group's plan to roll four of its private real estate investment trusts into one new entity signals the lengths one big investor is going to compete for capital at a time when fundraising has become more difficult.

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