CIM Group, a leading real estate and infrastructure owner, operator, lender and developer, and Bryant Group Ventures (BGV), founded by influential leader and entrepreneur John Hope Bryant, announced today the launch of CIM-BGV Impact Ventures, an impact-driven partnership to address the immense need for affordable housing and to deliver community and economic value to underserved markets throughout the United States.
The partnership’s CIM-BGV Affordable Housing Impact Fund (AHIF) completed its first closing on October 17, 2025, securing over $250 million in total investment capacity through fund equity and access to loan capacity. This strong start positions the fund to achieve its target within one year, which will enable approximately $1 billion of total capacity for affordable housing investments. Anchor investors include Flagstar Bank and Truist Bank, with additional equity support from City National Bank and other leading financial institutions, signaling strong institutional support for this impact-driven platform.
The AHIF has a deep pipeline of opportunities and expects to commence closing transactions in initial key markets of Southern California, Georgia, the Washington D.C. Metro, New York Metro, and Florida within the next few months.
CIM-BGV Impact Ventures combines CIM’s vertically integrated expertise in real estate, credit, and infrastructure investment and operations with Mr. Bryant’s strong track record of business and investment expertise, with a strategic focus on inclusive economic growth and financial empowerment. Over the last 30 years, organizations that Mr. Bryant leads have helped guide more than $4 billion in capital to underserved individuals and communities.
Specifically, the partnership will invest in opportunities that create and preserve affordable multifamily housing in markets across the U.S. primarily through the acquisition of existing properties as well as ground-up development. It plans to deploy capital in markets where CIM and BGV have an existing presence and also where affordability has declined.
Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!
