CIM Group Adds Net Lease Veteran Asa Yapa as Managing Director
Event summary
- Asa Yapa joins CIM Group as Managing Director, Investments with a focus on net lease sector.
- Yapa brings over 20 years of experience in net lease transactions and structured products.
- She previously served as Director of Single Tenant and Structured Products at Eastdil Secured.
- CIM Group manages core, value-add, net lease, and impact strategies across multiple property types.
The big picture
CIM Group's appointment of Asa Yapa underscores its strategic focus on expanding its net lease platform, a sector that has seen increased activity due to the demand for stable, long-term income streams. The hire comes as the real estate market continues to evolve, with investors seeking opportunities in single-tenant assets amid shifting economic conditions.
What we're watching
- Net Lease Expansion
- How CIM Group will leverage Yapa's expertise to grow its net lease platform through acquisitions and sale-leaseback originations.
- Industry Relationships
- Whether Yapa's longstanding industry relationships will enhance CIM's ability to identify attractive investments in the net lease sector.
- Market Dynamics
- The pace at which CIM Group can capitalize on compelling long-term opportunities in select retail and industrial sectors.