First Citizens Bank's Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of 1050 North Broadway, a new entertainment production...
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July 13, 2023, 07:35 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $34 million in financing to a joint venture between i.Park and Great Point Media for the development of the Lionsgate Warburton Studios, an entertainment...
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November 17, 2022, 07:00 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business served as lead arranger on $53 million in financing for the acquisition of six industrial properties.The borrower, Aminim Group, acquired the portfolio of...
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August 17, 2022, 07:30 AM
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CIT, a division of First Citizens Bank, announced its Real Estate Finance business provided a loan to TruAmerica Multifamily for the acquisition of The Park at Napoli Apartments in Winter Park, Florida.The Park at Napoli is a multifamily apartment...
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August 02, 2022, 07:30 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $30 million for the acquisition of an apartment complex in Phoenix, Arizona. The Madison Grove Apartments is a 171-unit multifamily complex located in...
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May 19, 2022, 07:28 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh, Pennsylvania. The industrial distribution...
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April 14, 2022, 07:34 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The Heights at Haverhill, located...
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April 01, 2022, 07:44 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group. The portfolio consists of three...
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March 29, 2022, 07:35 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center...
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March 04, 2022, 07:40 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona.Oceana Apartments, which was acquired by 29th Street Capital...
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February 25, 2022, 07:39 AM
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CIT Group's Real Estate Finance business served as sole lead arranger on a $41.6 million loan for the acquisition and renovation of The Devonshire Apartments in Hemet, California. The 276-unit multifamily complex is being acquired by TIG Devonshire...
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September 17, 2021, 07:48 AM
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CIT Group's Real Estate Finance business provided $28.2 million in financing for construction of the Via Del Lago apartments in the Moreno Valley region of Greater Los Angeles. Via Del Lago is planned as a 135-unit multifamily apartment complex in...
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August 13, 2021, 07:45 AM
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CIT Group's Real Estate Finance business provided $42.8 million in financing for the acquisition of a recently built apartment complex in Tampa, Florida. The 264-unit multifamily complex known as the Lola Apartments was completed in 2018. Amenities...
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June 18, 2021, 07:47 AM
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CIT Group announced that its Real Estate Finance business provided financing for construction of a new 730,000-square-foot logistics center and campus in North Las Vegas, Nevada. Construction on the SunPoint West facility is expected to begin in...
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April 01, 2021, 07:40 AM
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CIT's Real Estate Finance business provided $42.4 million in financing for the construction of the new apartment complex in Nashville, Tennessee, to be known as NOVEL Harpeth Heights by Crescent Communities. The new four-story, 322-unit multifamily...
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February 22, 2021, 06:00 AM
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CIT Group announced that its Real Estate Finance business provided a $38 million senior secured loan toward the acquisition of an apartment complex in Winter Park, Florida.The property, owned by Phoenix Realty Group (“PRG”) and its investors and...
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December 01, 2020, 08:00 AM
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CIT Group Inc. announced that its Real Estate Finance business served as a sole lead arranger of a $91 million senior secured loan for the acquisition of the Sheraton Denver Hotel in downtown Denver, Colorado.
The property, which serves as Denver’s...
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November 20, 2018, 07:16 AM
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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 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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