CIM Group Sells 88 University Place for $46M to New Investment Partnership

A partnership between Acram Group and newcomer Bulldog Real Estate Partners purchased 88 University Place in Greenwich Village for 46 million. The seller, 88 Tower LLC, is tied to Los Angeles-based CIM Group. CIM took control of the 11-story 88 University Place in 2024 from Arch Companies for 48.6 million in a Uniform Commercial Code []