CCM Group LLC

CCM Group LLC

CCM Group LLC traces its origins to 1977 when Andrew Nikitine began acquiring and developing retail properties in Puerto Rico. The firm relocated its headquarters to Washington, DC, while retaining significant holdings on the island and expanding across the eastern United States. The portfolio consists of direct real estate positions and joint ventures. Asset classes include retail centers, mixed-use developments, medical office buildings and hospitality properties. Confirmed holdings exceed 100 properties totaling more than 8 million square feet. Geographic coverage spans North America and the Caribbean. Investment structures include outright ownership and partnerships such as CASTO Southeast, with documented collaboration dating to 1999. Capital is deployed through development projects and existing asset acquisitions rather than fund commitments. The firm employs a small internal team with multi-generational tenure. It maintains one primary office at 1730 Massachusetts Avenue NW in Washington, DC. Philanthropic activity occurs through the Flamboyan Foundation, which has raised funds for Puerto Rican arts and education initiatives alongside partner organizations. No public disclosure of headcount or recent personnel changes exists. CCM Group LLC maintains a hybrid structure that combines family ownership of real estate assets with ongoing operating-company partnerships. This model allows the family to retain control of core holdings while accessing third-party development expertise through vehicles such as CSE-CCM Realty Investments.