Mid-market commercial real estate executives express cautious optimism toward the market, although current tax and regulatory climate is placing a strain on the performance of their companies, according to a CIT survey.
Despite ongoing challenges facing the retail sector and the economy, more than 70% of middle-market housewares executives are forecasting stronger sales performance in 2014, according to a recent survey by CIT
A new retail outlook survey from CIT finds that while 45% of middle-market retail executives believe an economic recovery is underway, 55% don’t expect a recovery to materialize until later.
Camping World announced today it secured a $525 million multi-year floor plan credit facility. Bank of America, which serves as administrative agent, led the transaction.
CIT said it provided $15.5 million in financing to Cole Real Estate Investments to support the purchase of 21 properties with Wendy’s restaurants in three domestic markets.
Mid-market execs are expressing renewed optimism in their business prospects compared to a year ago, despite concerns regarding potential tax increases and government regulations, according to a study released by CIT.
Although middle-market executives report moving ahead with transitions to cloud-based systems, many organizations face unexpected hurdles that prevent the cloud from fully delivering on its promises, according to a new study released by CIT.
CIT said it arranged a $100 million senior secured credit facility for AWCC Holdings to acquire a portfolio of land leases and lease royalties from solar projects from Hawaii to New York.
CIT said it has appointed Israel “Izzy” Kaufman as executive vice president, treasurer effective immediately. He will report directly to chief financial officer Scott T. Parker.