CHICAGO, IL – CIM Group and Golub & Company announced the sale of a 40-tale, 397-unit luxury multifamily residential tower at 1001 South State Street in Chicago’s South Loop neighborhood. The companies jointly developed the 440-foot tall building at the corner of 9th and State Streets and delivered it for occupancy in August 2016.

CIM Group and Golub & Company brought contemporary residences offering an array of technology-focused amenities to the South Loop, one of Chicago’s fastest-growing and desirable neighborhoods. 1001 South State features a communal workspace where residents have access to a state-of-the-art CNC milling machine and a 3D Laser Printer, equipment that appeal to many in the technology start-up and related businesses. The property also provides a co-working space with an interactive whiteboard technology presentation system, common areas outfitted with USB stations, and a shared media and game room.

1001 South State also offers residents abundant outdoor gathering and recreation options including an outdoor pool and sundeck, an outdoor hot tub, a terrace with cabanas and grilling stations, and a birch grove. Residents also have access to a fitness center, a specialty yoga studio, a conference room, a bike share and repair room, a dog run and pet grooming area, a resident lounge, and services including automated package pick-up and dry cleaning. Complimentary Wi-Fi is available throughout common areas and adding to the buildings top-tier connectivity, units are fitted with smart phone-compatible thermostats and USB ports in the kitchens and bedrooms.

CIM and Golub continue to bring community-focused mixed-use properties to Chicago, including luxury condominiums at Tribune Tower and 1550 on the Park. The companies together also own and operate the 625 North Michigan Avenue office building.

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WASHINGTON, DC – CIM Group announced that it has bought Trellis House, a newly-constructed, 6-tale, mixed-used property in Washington, D.C.’s Shaw/U Street Corridor. The property consists of 319 residential units and approximately 11,000 square feet of ground-floor retail space.

At 907 Barry Place NW, Trellis House is situated at the intersection of two of Washington, D.C.’s most vibrant neighborhoods, Shaw and the U Street corridor, both known for their rich cultures, histories, and music scenes. Trellis House is a small walk from the area’s diverse offering of shops, restaurants, nightclubs, galleries, and music venues, and is also located adjacent to Howard University.

Trellis House is proximate to public and alternate transportation options, including the Green Line subway that provides connections to the entire Metro network. In addition, two nearby Capital Bikeshare stations will give the property’s residents access to thousands of bikes at docks across the city. The property also has direct access to a 12-acre public park with an Olympic-sized pool, track, and playground as well as tennis courts, basketball courts, and baseball fields.

Construction on Trellis House was recently completed, and its new units are ready for go-in. The property’s unit mix includes studios, one-bedrooms, two-bedrooms, and townhomes. All residences feature contemporary designs with modern finishes and fixtures as well as in-unit washers and dryers. Generous community gathering spots, amenities, and services include a 12,000-square-foot courtyard and pool deck with fireplaces and grill stations, spa-quality fitness center with spin stations and a yoga studio, club and game room, test kitchen, co-working area, rooftop observation deck, pet spa, and 24/7 concierge.

CIM has been an active owner, developer, and operator in the greater Washington, D.C. area for more than 15 years, and has developed or operated more than 4,000 residential units in the greater Washington, D.C. area. CIM was attracted to Trellis House in part because of its sustainable green building status by achieving LEED certification. Trellis House is an infill development that provides desirable new housing in a walkable area, aligning with CIM’s community focus. Since its founding in 1994, CIM has been committed to enhancing its properties by increasing sustainability, efficiency, and quality for tenants, residents, and visitors as well as improving the character and value of the communities in which it owns and operates properties.

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DENVER, CO – Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., announced the grand opening of Modera River North, a five-tale luxury apartment community located in the River North Art District just north of Downtown Denver.

Situated on the corner of 28th and Blake Street and in the growing River North (RiNo) neighborhood, the community includes 182 apartment homes, top-flight amenities and stunning views of the mountains and city skyline. Boasting a Walk Score of 87 and Bike Score of 94, Modera River North is within walking distance of downtown and all of the key attractions within RiNo.

“RiNo is one of the most exciting places in the city and we’re ecstatic to join the neighborhood,” said Brian Wynne, senior managing director of the Mountain States for Mill Creek Residential. “Whether our residents crave close proximity to downtown, a vibrant neighborhood of their own or quick access to the mountains, Modera River North will serve as one of the finest high-level options in the area. ” 

From its location at 2840 Blake Street, residents delight in commuter-friendly access within a small drive of the state’s major highways, Interstates 25 (north-south) and 70 (east-west). The community is also within a half-mile of an RTD A Line stop with a route to Denver International Airport and Downtown Denver, and just over one mile from the various transit options at Union Station.

Constructed with an industrial design to match the surrounding area and to complement both the nearby railway and the mountains to the west, the community sits within a half-mile of the South Platte River. The river, located to the southeast of the community, leads to a network of hiking trails and parks throughout the city. 

The River North Art District is a creative sector that includes some of the city’s most prominent art galleries, studios, creative spaces, restaurants, bars and breweries. The area hosts many art-focused fairs and festivals and is also home to a variety of tech and creatively focused businesses. The community also provides prime access to several major sports venues, including Coors Field (a half-mile south), Pepsi Center and Mile High Stadium. Several concert venues, including the Summit Music Hall, are also within a small drive.

Modera River North consists of studio, one and two-bedroom homes with loft layouts available. Community amenities include a deck with year-round pool, spa, cabanas and heated areas; indoor/outdoor rooftop lounge, a 24-hour club-quality fitness studio with the latest cardio and strength equipment and yoga/Pilates space with on-demand fitness classes. An expansive clubhouse includes a private conference room and complimentary Wi-Fi in social areas. Residents also have access to 24-hour self-serve package lockers and a controlled-access garage parking with electric-vehicle charging stations available. 

Apartment home interiors are equipped with eco-friendly wood plank-style flooring, elevated ceilings, Energy Star stainless steel appliances, 42-inch custom cabinets with designer pulls, quartz countertops in kitchen and bathrooms, tile backsplashes, full-size front-loading washers and dryers, large tubs and expansive closets. Homes are also furnished with several smart-home features, including Nest Learning Thermostats, LED lighting and roller shades. Select homes include a separate dining area, breakfast nook, breakfast bar and a private balcony or patio with city or mountain views. 

Including Modera River North, Mill Creek has recently developed or is developing six apartment communities in the Denver area. Others include Modera Observatory Park near the University of Denver, Modera West Wash Park and Post River North.

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