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CIT Northbridge Arranges $25MM Credit Facility for F Street Investments

August 12, 2021, 07:42 AM
Filed Under: Real Estate

CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $25 million credit facility for F Street Investments LLC, a lender to real estate investors and developers.

Based in Milwaukee, Wisconsin, F Street Investments LLC is part of the F Street Group, an investment company that includes a number of industry verticals, including real estate, hospitality, lending, and emerging markets.

“The housing market has strong fundamentals that should remain attractive for investment and development for years to come,” said Scott Lurie, CEO and founder of F Street Group. “We appreciated the expertise and agility of the CIT Northbridge team in arranging the financing to support our operations and empower us to continue serving our clients.”

“F Street is an experienced lender to real estate investors and developers throughout the upper Midwest,” said Neal Legan, who leads CIT Northbridge. "We worked closely with the company's leadership to understand their needs and develop a financing package that advances their business strategy."

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