CIT Group announced that CIT Real Estate Finance served as sole lead arranger and administrative Agent for a $61.8 million senior secured credit facility to TNREF III Parkway JV, LLC, a joint venture between True North Management Group and Fulcrum...
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August 30, 2016, 07:26 AM
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Many commercial real estate executives see solid prospects for their sector, with 52% indicating that they believe that their segment of the market is either strong or very strong, and 71% say adequate capital is available for investment. These are...
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May 10, 2016, 07:55 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a senior secured construction loan to Bridge Development Partners, a privately owned commercial real estate firm that develops and acquires industrial and office assets. Financing was...
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November 11, 2015, 08:05 AM
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CIT Real Estate Finance provided a $48 million senior secured credit facility to a joint venture between Arun Bhatia Development Organization (ABDO) and Sherwood Equities, Inc. The facility will be used to construct a 16-story building located at 10...
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September 02, 2015, 07:36 AM
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CIT Group announced that CIT Real Estate Finance provided a $32 million senior secured loan to Spirit Bascom Ventures, a joint venture between New York City–based Spirit Investment Partners, LLC, and Irvine, California–based The Bascom Group, LLC....
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September 18, 2014, 05:52 AM
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CIT Group Inc. announced that CIT Real Estate Finance served as lead arranger and administrative agent in a $140 million senior secured loan to Kushner Companies, a diversified real estate company, and the KABR Group, a real estate investment and...
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September 09, 2014, 07:21 AM
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Commercial real estate markets on either coast are outperforming assets in the mid-U.S. because they are home to gateway cities that trade with Asia and Europe. The hottest of these markets right now is the New York metropolitan area, as it’s...
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March 27, 2013, 08:33 AM
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CIT Group, a leading provider of financing to small businesses and middle market companies, announced that CIT Real Estate Finance arranged a $26 million senior secured term loan for Metropolitan Properties of America (MPA), a full-service real...
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January 30, 2013, 08:31 AM
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CIT Real Estate Finance arranged a first lien term loan for Kushner Companies, a diversified real estate company headquartered in New York City. The financing will be used to renovate a 1,000-unit residential apartment complex in the Northeast....
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January 14, 2013, 08:00 AM
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