CIT Group Inc. announced that CIT Real Estate Finance provided a $26.3 million senior secured credit facility to Shopoff Realty Investments, a private real estate investment company. The financing was used to support the acquisition of two creative...
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October 18, 2016, 07:20 AM
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CIT Group announced that CIT Real Estate Finance provided a $40.2 million senior secured credit facility to BKM Capital Partners, an Irvine, CA, based real estate investment firm specializing in commercial and industrial real estate. The financing...
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July 13, 2016, 07:14 AM
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CIT Group Inc. announced CIT Real Estate Finance served as sole lead arranger for a $65 million senior secured construction loan for MC 19 East Houston LLC, a joint venture between Madison Capital and Vornado Realty Trust, two real estate industry...
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July 07, 2016, 07:24 AM
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A period with ample sources of capital, very low cap rates and high valuations has set the stage for commercial real estate in 2016, but the impact of coming regulations is yet to be factored in. Nonetheless, as long as there are only gradual...
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June 09, 2016, 07:17 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group, an owner/operator of multifamily properties, and funds managed by Oaktree Capital...
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May 27, 2016, 07:48 AM
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CIT Real Estate Finance provided a $20.1 million senior secured construction loan to Chicago-based Bridge Development Partners, a privately owned commercial real estate firm that develops and acquires industrial and office assets in Illinois, New...
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June 19, 2015, 07:17 AM
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CIT Group announced that CIT Real Estate Finance provided a $41 million senior secured credit facility to Menin Development, a privately held owner, developer and manager of commercial real estate in the Southeast United States. Menin Development...
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May 19, 2015, 07:28 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a $57.5 million senior secured loan to a joint venture between RedSky Capital LLC, JZ Capital Partners and other investors to acquire property along the Brooklyn waterfront. The site...
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May 05, 2015, 07:51 AM
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CIT Real Estate Finance provided a $44.8 million senior secured term loan to a joint venture between The Treeline Companies, Mega Contracting and Glenmont Capital Management, LLC. The financing will be used to develop a new 7-story...
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March 10, 2015, 07:04 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a $19 million senior secured loan to Hayden Maguire Real Estate Fund I, LP, a commercial real estate investment fund that acquires and repositions office, industrial and mixed-use...
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December 09, 2014, 07:11 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a $32.9 million senior secured loan to a real estate joint venture between AEW Capital Management (AEW) and Woodmont Industrial Partners. AEW owns the property on behalf of AEW Partners...
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November 11, 2014, 07:19 AM
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CIT Group Inc. announced that CIT Real Estate Finance provided a $55 million senior secured loan to MIM-Hayden Real Estate Fund I, LP, an investment fund sponsored by Hayden Real Estate Investments and Miller Investment Management. The financing was...
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November 05, 2014, 06:49 AM
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CIT Group announced that CIT Real Estate Finance provided a $21.5 million senior secured loan to Normandy Real Estate Partners, a leading real estate operator and fund manager based in Morristown, NJ. Financing was provided by CIT Bank, the U.S....
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July 10, 2014, 07:22 AM
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Middle-market commercial real estate executives are expressing cautious optimism toward the market and are looking to take advantage of long-term investment opportunities. However, the majority are finding that the current tax and regulatory climate...
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December 13, 2013, 09:05 AM
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