CIM Group Provides $43.2 Million Bridge Loan Secured by REVERB Hotel by Hard Rock in Downtown Atlanta
CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a fund managed by an affiliate of CIM Group has closed a $43.2 million bridge loan provided to Bolton Atlanta, LP to refinance the 195-room REVERB Hotel by Hard Rock, 245 parking stalls in the adjacent parking deck, and a 12-story LED billboard in Downtown Atlanta.