Established in 1994, CIM is a vertically integrated, community focused real assets specialist with a 30-year track record. CIM has built a vertically integrated platform across all facets of the real assets universe, including real estate, infrastructure, and credit. Since its founding, CIM has sought to create value in projects and positively impact communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. With broad in-house expertise including in-house research, acquisition, credit analysis, development, finance, leasing and onsite property management capabilities, we seek to create value through robust real asset equity, infrastructure, and credit platforms.

Strategic corporate development

CIM’s strategic corporate development framework is designed to capitalize on evolving market opportunities through a diversified suite of investment strategies. CIM Real Estate leverages a net lease strategy to address demand for essential, credit-driven retail and commercial assets, while our core and affordable housing strategies focus on long-term value creation in supply-constrained markets. CIM Infrastructure investments further complement our platform, enabling us to deliver solutions that support critical power, connectivity, and logistics needs across sectors. In addition, CIM offers curated separate accounts and direct co-investment opportunities, enabling both institutional and private wealth partners to access tailored solutions across the risk-return spectrum. This flexible, multistrategy approach allows us to deploy capital efficiently, align with investor objectives, and deliver resilient performance across cycles, leveraging our deep sector expertise and vertically integrated platform.

Investment principles & strategy

Through CIM’s vertically integrated structure, the Firm is able to leverage in-house expertise across the full life cycle of assets to drive value creation across the process. CIM has dedicated teams for sourcing/acquisition, credit analysis, development, financing, commercial leasing, onsite property management and distribution. These functions bring alignment of interests and deep expertise, allowing for disciplined business plan underwriting and effective risk management. The Firm also seeks to maximize synergies across its vertically integrated platform. The three investment platforms, real estate, infrastructure, and credit, leverage in-house expertise to create value within each investment.

Performance verification

While CIM does not currently claim compliance with GIPS Standards, we believe CIM’s methodology is consistent with industry best practices. The methodology for calculating asset returns was designed to be consistent with NCREIF/PREA Reporting Standards, GIPS and other industry guidance and comparable companies’ methodologies.

Sector forecasts

INDUSTRIAL: We have executed a strategic pivot away from big-box logistics toward supply-constrained infill industrial and specialized cold storage. The investment thesis is no longer driven by general absorption, but by last-mile barriers to entry and technical complexity. We are targeting assets insulated from trade policy shocks where tenant demand is mission-critical—specifically manufacturing, distribution, and cold chain facilities. In the cold storage segment, the market remains structurally underbuilt relative to demand from online grocery and pharmaceutical sectors; however, these assets require significant technical expertise to retrofit. Integrating real estate and infrastructure execution addresses power capacity and retrofit constraints, facilitating the acquisition of existing assets with excess land below replacement cost.

OFFICE: While headline volatility obscures fundamentals, the office sector presents distinct opportunities through capital structure distress rather than widespread property-level failure. We are observing a market where highquality assets in prime locations are trapped by broken capital stacks, creating a window for equity recapitalization and debt restructuring. Our approach is to bypass general market malaise and focus on acquiring performing assets at significant discounts to replacement cost, often exceeding 20%. We are utilizing our ability to structure preferred equity and hybrid debt solutions to solve liquidity gaps for owners, effectively buying into stability at a reset basis. Success here requires discerning between temporary valuation dislocation and permanent functional obsolescence, deploying capital only where location and asset quality ensure long-term relevancy.

RESIDENTIAL: Our conviction lies in the supply-demand dislocation across the residential spectrum. With construction starts plummeting, we are underwriting against a structural supply cliff specifically at attainable price points where new inventory is economically unfeasible to deliver. Our Workforce Housing thesis targets high-barrier markets where replacement costs prevent new supply. This is an operational play: applying vertical integration to renovate and manage turnover, driving NOI growth through efficiency rather than market beta. Separately, our Affordable Housing strategy utilizes mission-aligned debt and tax abatements to preserve existing assets, underwriting for durable yield and deep demand rather than speculative growth. In the Active Adult (55+) space, we are capitalizing on the “silver tsunami” demographic tailwind to capture sticky demand with significantly lower turnover and marketing costs than traditional multifamily.

RETAIL: We distinguish strictly between discretionary exposure and essential, daily-use retail. The opportunity set is split between by 1) single-tenant properties leased to creditworthy tenants with durable business models on long-term leases with compelling annual rent escalations and 2) neighborhood centers and grocery-anchored strips where leasing velocity remains high and credit profiles are durable. Our Net Lease strategy is not a yield chase; it is an exercise in credit underwriting and rigorous asset selection, focusing on tenants like automotive services and discount grocers that demonstrate counter-cyclical resilience. We are seeing increased activity in sale-leasebacks as tenants seek to unlock capital, creating entry points for platforms with the liquidity to execute quickly. Neighborhood centers and grocery-anchored strips are underpinned by consistent consumer traffic and resilient spending, particularly for essential goods and services. Given its role as a necessity-based destination, sector performance is resilient to broader economic volatility. These fundamentals, combined with durable tenant credit profiles and high leasing momentum, reinforce the sector’s capacity to deliver reliable income and attractive risk-adjusted returns.

OTHER:

Data Centers

We view data centers not as a speculative play but as an infrastructureadjacent asset class requiring rigorous technical underwriting. We focus on platform-level opportunities for powered shell and hyperscale facilities, mitigating risk through long-term leases with credit tenants who absorb power capacity costs and equipment expenditures. The constraint in this sector is no longer just square footage, but power availability and connectivity. CIM’s vertically-integrated approach allows us to leverage in-house infrastructure capabilities to secure power and navigate zoning complexities that act as barriers to entry. By targeting pre-leased assets and executing through established operators, we secure predictable cash flows while capitalizing on the secular digitization tailwinds.

Opportunity Zones

The Opportunity Zone program, established under the 2017 Tax Cuts and Jobs Act, was designed to stimulate long-term investment in economically distressed communities through significant tax incentives, including the deferral and potential elimination of capital gains. Recent regulatory updates under OZ 2.0 have strengthened compliance standards and enhanced transparency, paving the way for broader institutional participation. Against this backdrop, Opportunity Zones remain a compelling strategy for tax-advantaged investing, particularly in the next phase—OZ 2.0 and Rural OZ—where capital deployment aligns with demographic shifts and policy incentives. These strategies target sectors such as housing, logistics, community infrastructure, and small businesses in underinvested markets. Rural OZ initiatives further capitalize on nearshoring, supply chain diversification, and the growing emphasis on operational resiliency, driving demand for industrial and essential services in regions historically underserved by institutional capital. Collectively, these investments offer the dual benefit of fostering long-term economic development and delivering attractive after-tax returns, supported by structural tailwinds and government incentives that enhance risk-adjusted performance.

COMPLIANCE STATEMENT

This confidential presentation and the material provided herein is being provided by CIM Group, LLC or one of its affiliates. This Presentation is intended solely for the recipient hereof (the “Recipient”). The Presentation and its content are legally privileged and/ or confidential. The Recipient agrees that it will (i) not copy, reproduce, or distribute this Presentation, in whole or in part, to any person or party (including any employee of the Recipient, other than on a confidential basis and subject to this sentence an employee directly involved in evaluating an Investment without the prior written consent of CIM. Data as of 6/30/2025