CIM Group reviews

3.4

55% would recommend to a friend

(314 total reviews)

Jennifer Gandin, David Thompson, Steven Puodziunas, Ryan Harter, Bethany Chang

61% approve of CEO

43% positive business outlook

CIM Group has an employee rating of 3.4 out of 5 stars, based on 314 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CIM Group employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.8 stars).

Reviews by job title

314 reviews
1.0
Jun 27, 2019

Okay as a learning environment, but that's about it.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Insurance/benefits are okay if you don't have dependents. Pay seems okay for Los Angeles. Depending on where you are in the company, you can work on some pretty exciting projects. Great training ground for whatever your next career step will be, as it's a very hands-on environment and you have to get involved in everything. Okay work/life balance as some other reviews have mentioned because no one really cares if you are in the office or not. You can't eat lunch at your desk, which sounds like a con but turns out to be really great. You're forced to talk to people from other departments in the cafeteria, which ultimately helps accomplish things more efficiently in the organization. Free booze at monthly birthday celebrations and random free food trucks for lunch.

Cons

Over the past 4 years, CIM has gone from a fairly lean, entrepreneurial organization to what feels like a massive company, with all the bureaucracy to go along with it. There have been a lot of departures across the company recently and more are coming. Instead of immediately backfilling those positions, management has been reallocating that work to the people that are still here. As a result, morale is pretty awful. This is compounded by the fact that there are no repercussions for slacking off - some people come in a couple days a week just to show face and others are in the office all week and sometimes weekends. Both groups are compensated pretty equally. There also seems to be a subtle, but omnipresent, bias against women throughout the organization. I have been in meetings where my female coworkers were either not addressed at all, spoken over, or relegated to note-taking or scheduling other meetings. Promotions seem to be handed out haphazardly, mostly based on office politics/campaigning rather than work product, results, and overall good citizenship. We have gone through many reorganizations since I started here, and no one thinks through repercussions of splitting teams out, combining other teams, or eliminating groups. Extremely confusing to navigate an organization where the structure and management team continually change. Minimal accountability and lots of finger pointing at the management levels below the founders. Extremely childish antics in internal meetings if someone doesn't get their way, and the founders essentially have final say on every investment decision. Good luck if you have an opposing view on something. It seems that every positive change comes with so many strings attached- every email announcing something that should be good comes with an asterisk and a ton of fine print. IT and our technology systems are an absolute joke, so hope that you don't have any technical difficulties. Access mysteriously disappears from systems every now and then. It can take weeks to resolve something as simple as getting a new application downloaded. A culture that being late to meetings is acceptable permeates throughout the organization. This shows zero respect for other people's time. Free snacks are not really that good - RX bars, Quest bars, and communal containers of trail mix that people stick their filthy hands in.

1.0
Dec 28, 2018

Circling the drain

Recommend
CEO approval
Business Outlook

Pros

Because the corporate structure is so disjointed you can often take Friday's off without people realizing.

Cons

Given the lackluster REALIZED returns, CIM is having difficulty raising new funds. Dry powder is limited. The most recent raise was only a fraction of what they wanted to circle up. The culture is terrible and deal leads are compensated partly on deploying capital which leads to the firm overpaying for assets. I remember being in an investment committee while one of the founders played brick breaker on his ipad the whole time.

1.0
Aug 12, 2018

A Tough Gig

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some interesting projects across the country; some good employees as well

Cons

From the moment you first walk through the door until the day you hit the send button on your farewell email, you are nothing more than a placeholder for a cheaper replacement. The pervasive opportunistic mindset that is so deeply imbedded in CIM’s DNA is sadly applied to its human capital, and employee behavior which should be rewarded - recruiting the best candidates, streamlining procedures, training your subordinates - only serves to make you more expendable and will ultimately facilitate your departure. Inevitably and unavoidably, it will not end well for you. You will not leave happy, and it will take years after your exit (be it voluntary, with a gentle nudge, with a strong push, or with a brutal blindside) for you to be able to look back fondly on your time at CIM, forget the pain and appreciate the life lessons you learned there. All the free snacks in the world can’t compensate for being screamed at, falsely accused, told to hide things, and lied to.

Viewing 4 - 6 of 314 Reviews

Glassdoor has 335 CIM Group reviews submitted anonymously by CIM Group employees. Read employee reviews and ratings on Glassdoor to decide if CIM Group is right for you.