Cit Serves As Sole Lead Arranger On $26 Million Financing For West Palm Beach Industrial Portfolio

Aug 24, 2021•about 4 years ago

Amount Raised

$26 Million

Raleigh

Description

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business served as sole lead arranger on a $26 million loan for the acquisition of a three-building portfolio of industrial buildings in West Palm Beach, Florida.

Company Information

Company

Cit

Location

Raleigh, North Carolina, United States

About

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at cit.com/about.

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Cit Serves As Sole Lead Arranger On $26 Million Financing For West Palm Beach Industrial Portfolio

Description

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