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    Richard Ressler

    Co-founder and Principal
    CIM Group
    540 Madison Avenue, 8th Floor
    New York, NY 10022
    646-783-4600
    Website

    Co-founder is a title often associated with Richard Ressler. He co-founded real estate fund manager CIM Group in 1994, where he still sits on the board of directors. He is also the co-founder of Orchard Capital Group (of which he is also the president), and Ressler currently sits on the boards of several of CIMs companies.

    Fortune led him down the path to founding CIM when his now-partners Shaul Kuba and Avi Shemesh, former Israeli paratroopers, arrived at his home to talk about landscaping his property. They formed the firm soon after, and have focused on turning around distressed properties in New York City and elsewhere.

    Before co-founding anything, though, Ressler was an attorney at Cravath Swaine and Moore, working on public offerings and mergers and acquisitions. From there he became a fellow master of the universe at Drexel Burnham Lambert, handing middle-market companies just before the Wall Street giants fall. He eventually worked at Vector Group (which later became Brooke Group Limited), where he rose to CEO and vice chairman, helping to develop office complex Ducat Place in Moscow.

    Ressler graduated with a bachelors degree from Brown University, and law and business degrees from Columbia University.

    CIM Group, Vice President
    540 Madison Avenue, 8th Floor, New York, NY, 646-783-4600
    Charlie Leonard is vice president at real estate investment company CIM Group, where...
    CIM Group, Co-founder
    4700 Wilshire Boulevard, Los Angeles, CA, 323-860-4900
    Avi Shemesh, one of the co-founders of real estate investment firm CIM Group,...
    CIM Group, Co-founder
    4700 Wilshire Boulevard, Los Angeles, CA, 323-860-4900
    Shaul Kuba, co-founder of CIM Group, is known among his peers at being...

    12/01/2011
    The story goes that the duo met their partner in 1987, when they showed up at the home of Richard Ressler to discuss landscaping his property...
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