CIT Provides MIM-Hayden Real Estate Fund I Financing
CIT Group announced CIT Real Estate Finance provided a $55 million senior secured loan to MIM-Hayden Real Estate Fund I. Financing was provided by CIT Bank.
CIT Group announced CIT Real Estate Finance provided a $55 million senior secured loan to MIM-Hayden Real Estate Fund I. Financing was provided by CIT Bank.
CIT Group reported Q3/14 net income of $515 million, up from $200 million for the year-ago quarter. The company said the increase included a $375 million income tax benefit associated with a reversal of a valuation allowance.
CIT Group provided financing to Wakefern Food. Proceeds will be used to finance new equipment and grocery store upgrades. Financing was provided by CIT Bank. Terms of the transaction were not disclosed.
CIT Group served as joint lead arranger and administrative agent in a $325 million facility to LCI Helicopters.
CIT Group released the next installment in its CIT Behind the Deal series, featuring Solarize Energy, an end-to-end solar project development and management company CIT supported.
CIT Group announced the launch of View from the Middle (VftM), its rebranded content marketing program that will offer business insights and trends, specific industry expertise and content to company executives.
CIT Group announced that CIT Real Estate Finance provided a $32 million senior secured loan to Spirit Bascom Ventures. The financing will be used to acquire and renovate The Reserve at Heritage Oaks.
CIT Group announced that CIT Real Estate Finance served as lead arranger and administrative agent in a $140 million senior secured loan to Kushner Companies and the KABR Group.
CIT Group acted as administrative agent, joint lead arranger and joint bookrunner for facilities supporting Audax Private Equity in its acquisition of Wheel Pros.
CIT Group acted as administrative agent, joint lead arranger and joint bookrunner for facilities supporting Audax Private Equity in its acquisition of Wheel Pros.