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Angry Investor Pressures REIT to Sell or Liquidate

Investor Says CIM Group Has Too Much Influence in REIT Known as CMCT
CIM Commercial Trust Corp. operates its headquarters in this Dallas office tower, about 12 miles north of CIM Group's Dallas office. (CoStar)
CIM Commercial Trust Corp. operates its headquarters in this Dallas office tower, about 12 miles north of CIM Group's Dallas office. (CoStar)
CoStar News
May 21, 2020 | 8:40 P.M.

An activist investor is calling for a real estate investment trust tied to commercial property investor CIM Group to sell itself or liquidate because of what it calls poor returns and conflicts of interest.

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News | Angry Investor Pressures REIT to Sell or Liquidate