Carol Blum is president and co-founder of New York City-based real estate design and development firm CBM Limited. CBM has completed over 40 residential conversion projects and also provides an array of project management services for third party clients. CBM is widely recognized as one of the top design/development firms in New York City.

Ms. Blum is regularly engaged for major real estate endeavors where she spearheads the design, project management and construction oversight services. In particular, many of CBM’s extensive projects have included a significant repositioning component and have involved workouts of residential and commercial projects with numerous banks such as the Resolution Trust Corporation, Deutsche Bank, Citibank, Chemical Bank, Morgan Guaranty Bank, Hamburg Savings and Manufacturers Hanover Trust.

Ms. Blum was the leader in the renaissance of Manhattan’s SoHo and Tribeca loft districts and has been widely recognized as one of two groups responsible for the area’s tremendous growth. As a pioneer in the development and historic rehabilitation of the downtown area, the group first began its activities in lower Manhattan in 1977. In 1981 CBM performed the first commercial condominium conversion in SoHo. Since that time CBM has remained extremely active in SoHo and Tribeca but has also expanded its reach into other parts of New York as well as Florida and California.

CBM Limited and Pacifica Capital Group have a 12 year relationship and Ms. Blum is currently spearheading the firm’s focus on distressed residential assets.