CIM Group Expands Real Estate Equity Team with Appointment of Asa Yapa as Managing Director

LOS ANGELES--(BUSINESS WIRE)--CIM Group announced today that Asa Yapa has joined the firm as Managing Director, Investments with a primary focus on the net lease sector.

Ms. Yapa brings more than 20 years of experience in the net lease space, with significant expertise advising corporate tenants and private equity sponsors on complex real estate transactions. She joins CIM's Real Estate Equity team, which manages core, value-add, net lease, and impact strategies across multiple property types. In her new role, Ms. Yapa will play a key role in the continued growth of CIM's net lease platform through acquisitions and sale-leaseback originations involving long-term, single-tenant assets in select retail and industrial sectors throughout the United States.

"Asa brings longstanding industry relationships, extensive transaction experience and a strong track record in the net lease sector," said Jason Schreiber, Principal and Co-Head of Real Estate Equity at CIM Group. "Her expertise will further enhance our ability to identify attractive investments and expand our presence in an area where we see compelling long-term opportunities."

Prior to joining CIM, Ms. Yapa served as Director of Single Tenant and Structured Products at Eastdil Secured, where she advised clients on transactions, including sale-leasebacks, build-to-suit financings, portfolio recapitalizations, joint ventures and structured capital solutions. Earlier in her career, she held positions at Wachovia and Spirit Finance.

“CIM Group has built an impressive real estate platform with a strong reputation as an owner, operator, lender and developer,” said Ms. Yapa. “I am excited to join the Real Estate Equity team and leverage my experience to help grow the firm’s net lease platform.”

Ms. Yapa earned dual Bachelor of Science degrees in Economics and Finance from Arizona State University. She will be based in New York City.

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.