The roots of CCM Group stretch back to 1977, when Commercial Centers Management Realty launched in Puerto Rico with a focus on providing acquisition, development, leasing and asset management services. The company quickly grew, expanding across the island and into a wide variety of property types.
Establishing itself as an innovator, CCM was the first developer of self-storage facilities in Puerto Rico and was one of the early adopters of rooftop solar. Today, CCM Puerto Rico is one of the leading and most reputable real estate management and brokerage companies on the island.
In the mid-1980s, CCM opened its doors on the mainland, expanding its portfolio into central Florida with the acquisition of three retail centers. Soon thereafter, in partnership with the Don M. Casto organization, CCM launched its lifestyle properties initiative in Florida, followed by expansion into Ohio and North Carolina.
In 2009, building on CCM’s legacy of real estate leadership, CCM Real Estate opened its doors in Washington, DC to invest in commercial real estate in the eastern United States. The company teams with local operating partners across a broad spectrum of asset classes and product types, providing capital, deal structuring and asset management expertise.
Today, CCM Group is actively involved in the development, leasing and management of office buildings, shopping centers, multifamily residential, mixed-use projects, senior living, self-storage and medical office buildings. Acting as a patient and strategic investment partner with a long-term investment horizon, CCM Group partners with leading real estate developers and operators in the eastern half of the United States.
In 2012, after implementing solar (PV) and energy efficiency measures at several properties, CCM’s leadership identified an opportunity to strategically invest in the clean energy sector by specifically focusing on companies with a proven solution to improve the environmental performance of buildings. Investments in such companies would be de-risked by helping the companies achieve scale through the deployment of their solutions onto CCM’s real estate, while the value of the underlying real estate assets would increase due to lower operating costs, new revenue streams and improved tenant attraction and retention.
CCM Energy launched in late 2012 to execute this strategy, investing expansion capital into high-growth companies offering clean energy and resource efficiency solutions for the built environment. Leveraging the expertise, connections and property portfolio of the entire CCM Group, CCM Energy acts as a strategic investor and partner for its portfolio companies.
Today, CCM Group manages an extensive and growing portfolio of real estate and clean energy investments across the United States.