CIM Group and Bryant Group Ventures Add Fifth Third Bank to Affordable Housing Fund, Pushing Capacity Past $370 Million

LOS ANGELES — September 16, 2026 — CIM Group and Bryant Group Ventures have secured a capital commitment from Fifth Third Bank as part of the latest closing of the CIM-BGV Affordable Housing Impact Fund, pushing the vehicle's total investment capacity to more than $370 million through a combination of fund equity and loan capacity.

The closing also included upsized commitments from existing fund investors Truist Bank and Flagstar Bank, the firms announced. The fund, known as AHIF, targets the acquisition of existing multifamily properties and ground-up development of affordable housing in underserved communities across the United States.

A Steady Scaling of Capital

The September closing marks the third significant step-up in the fund's capitalization since its launch. AHIF completed a first closing that secured more than $250 million in investment capacity, combining equity commitments and loan capacity. In July 2026, a closing that added KeyBank as an investor — along with upsizes from Truist Bank and Flagstar Bank — raised total capacity to more than $315 million. The addition of Fifth Third Bank now brings that figure past $370 million, reflecting a pattern of incremental growth driven by regional and super-regional bank participation.

The fund's named institutional investor base now includes Truist Bank, Flagstar Bank, KeyBank, and Fifth Third Bank — a cluster of banks with significant Community Reinvestment Act obligations that have found AHIF's structure to be a scalable vehicle for affordable housing exposure managed by an experienced operator.

Fifth Third's Rationale

"Affordable housing remains one of the most pressing challenges communities are facing nationwide," said Susan E. Thomas, Head of Community Development and President of the Fifth Third Community Development Corporation. "We are proud to support the CIM-BGV Affordable Housing Impact Fund on a platform that brings together scale, experience, and a shared commitment to affordable housing and lasting community impact."

Fifth Third Bank's entry comes as bank participation in multifamily lending broadly has contracted, with banks pulling back from commercial real estate exposure amid balance-sheet pressures and tighter capital requirements. Impact-oriented and CRA-aligned strategies have emerged as a selective exception to that trend, with regulators treating affordable housing as a priority credit need.

Strategy and Target Markets

CIM-BGV Impact Ventures, the platform through which CIM Group and Bryant Group Ventures operate the fund, pursues two primary investment approaches: acquiring existing multifamily properties at risk of losing affordability and developing new affordable units from the ground up. The fund is actively evaluating opportunities in Southern California, Georgia, the Washington, D.C. metro area, the New York metropolitan area, and Florida — markets characterized by significant affordability gaps and high rent burdens.

Bryant Group Ventures has described the fund's ambitions as extending beyond property acquisition to include financial education programs, resident support services, and local economic engagement in the communities where it invests. The platform is connected to the broader mission of Bryant Group Ventures founder John Hope Bryant, whose associated ventures have deployed more than $5 billion in capital in underserved communities nationwide.

About the Sponsors

CIM Group is a real estate and infrastructure owner, operator, lender, and developer that has delivered more than $60 billion of real estate and infrastructure projects across the Americas since its founding in 1994. Bryant Group Ventures serves as the primary business and engagement platform for John Hope Bryant Enterprises, a family of companies that includes Operation HOPE, Bryant Group Advisors, and BG Digital Media, among other ventures.

Additional information on the CIM-BGV Affordable Housing Impact Fund is available at cimbgvimpactventures.com.

Sources

CIM Group Press Release — September 16, 2026