CIM Group Opens The Jayne 69-Unit Apartment Building in Los Angeles’ West Adams Neighborhood

LOS ANGELES--(BUSINESS WIRE)--CIM Group announced today the opening of The Jayne, a 69-unit, six-story apartment building, with six units designated as affordable, and approximately 5,453 square feet of ground floor retail space, located at 2555 S. Mansfield Avenue in the West Adams neighborhood of Los Angeles.

The Jayne features modern apartment residences offering studio and one-bedroom floorplans, many with balconies, and all with contemporary design elements, flooring and fixtures, in-unit laundry and infused with natural light from the building’s large windows. Residents have several intimate outdoor gathering spaces including a second-floor deck with comfy seating for relaxing and three sixth floor decks with barbecue grills, lounge chairs and high-top tables and chairs to enjoy the area views. The Jayne also provides a fitness center, bike racks, storage and Amazon lockers.

The property is an in-fill housing development bringing new apartments to the West Adams neighborhood that offers a mix of historic buildings and established businesses alongside innovative entrepreneurs that have chosen the area to launch new dining, retail and entertainment concepts. The Jayne is near public transportation options and offers easy access to Downtown Los Angeles, Santa Monica, and the Westside, Culver City, Beverly Hills, and Hollywood due to its proximity to the 10 Freeway and the Metro light rail system.

The Jayne is notable in the neighborhood for its brightly colored original murals by British artist Pref. Pref is well known for his experimental type-based artworks, incorporating an exploration of common words and phrases. The mural “I See You” is painted on the exterior north-facing wall and the mural “I Hear You” on the west-facing wall. The mural “I Feel You” is featured inside the lobby.

For 30 years, CIM Group has applied its community-focused investing approach by utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.

For additional information on The Jayne, please visit www.thejaynela.com.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.