CIM Group Completes The Dillon – 50-Unit Apartment Building in Silver Lake

Onsite leasing office is open; residences available for immediate occupancy

LOS ANGELES–(BUSINESS WIRE)–CIM Group announced today that it has completed construction of The Dillon, a 50-unit, four-story apartment building with subterranean parking located at 617 N. Dillon at Silver Lake Boulevard. These newly-constructed residences are centrally located from the Silver Lake, Echo Park, and East Hollywood neighborhoods.

The Dillon offers a mix of studios, one-, two- and three-bedroom floorplans and are equipped with stainless steel kitchen appliances and in-unit vented washer and dryer. Modern finishes such as hardwood floors and quartz countertops enhance the units, and tall windows and a balcony or spacious outdoor patio allow for abundant natural light and fresh air. Smart home Nest™ thermostats and keyless electronic door locks with optional smartphone-enabled access provide connected living.

On-site conveniences and amenities include a fitness center, yoga studio, bike storage room, package locker service, temperature-controlled storage, dog washing station, a children’s playroom, and an indoor multi-purpose room. Residents can enjoy Southern California’s temperate climate at several outdoor entertainment terraces or at the grill station patio located in center of the building.

The Dillon’s architectural design is a contemporary minimalist expression with industrial influences. Drought tolerant landscaping and strategically placed rows of greenery and planters complement the building’s design.

CIM Group is a long-time owner and operator of commercial real estate throughout Los Angeles and utilizes its broad experience of developing and operating multifamily properties to bring desirable housing to serve the Silver Lake community.

Leasing of the apartments has commenced. For more information regarding The Dillon, please visit: www.dillonsilverlake.com or call (323) 677-5065. The leasing office is open daily between 9:00 a.m. and 6:00 p.m.

ABOUT CIM GROUP

CIM is a community-focused real estate and infrastructure owner, operator and lender. Since 1994, CIM has led more than $60 billion of projects in communities across the Americas on behalf of its own account and for its partners and co-investors. CIM’s broad in-house expertise includes decades of research, acquisition, credit analysis, development, finance, leasing and property management experience in urban real assets, net-lease assets and other associated credit strategies. Using its disciplined approach and extensive in-house expertise, CIM seeks to create value in projects, which ultimately enhances communities. For more information, visit www.cimgroup.com.

Contacts

Media contact:

Karen Diehl

310-741-9097

karen@diehlcommunications.com

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