Inactive Instrument

CIT Group Inc.

CIT

US1255818015

CIT Group Inc. Announces its Real Estate Finance Business Serves as Sole Lead Arranger on $26 Million Financing for West Palm Beach Industrial Portfolio

August 24, 2021 at 09:00 am EDT

CIT Group Inc. 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. The properties comprise nearly 200,000 square feet of industrial space across more than 11 acres on West Palm Beach's North Florida Mango Road, in close proximity to Interstate 95, the Florida Turnpike and West Palm Beach International Airport. The property was acquired by an entity managed by Alliance HP.

Latest news about CIT Group Inc.

CIT Group Inc. acquired Maritime Portfolio for Greece Vessels from HSBC Bank plc.	23-06-19	CI
CIT Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-18	CI
First Citizens BancShares Completes Merger With CIT Group	22-01-04	MT
CIT Group Inc.(NYSE:CIT) dropped from S&P TMI Index	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P 1000	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P 400 Financials	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P Global BMI Index	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P 400	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P Composite 1500	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P Banks Select Industry Index	22-01-04	CI
CIT Group Inc.(NYSE:CIT) dropped from S&P Regional Banks Select Industry Index	22-01-04	CI
First-Citizens Bank & Trust Company completed the acquisition of CIT Group Inc. (NYSE: CIT) in a merger of equals transaction.	22-01-02	CI
Tech Stocks Hang Onto Slim Gains This Afternoon	21-12-29	MT
Tech Stocks Just Underwater in Recent Trading But Chipmakers Keeping Sector Near Surface	21-12-29	MT
Top Midday Gainers	21-12-29	MT
Sector Update: Tech	21-12-29	MT
Calix to Join S&P MidCap 400, Douglas Elliman to be Added to S&P SmallCap 600	21-12-29	MT
Financial Stocks Edging Higher in Late Trading	21-12-28	MT
Sector Update: Financial	21-12-28	MT
CIT Group's Finance Unit Provides Nearly $36 Million to Greenyield Shipping	21-12-28	MT
U.S. business borrowing for equipment rises 8% in Nov - ELFA	21-12-21	RE
Financial Stocks Sliding Ahead of Monday Close	21-12-20	MT
Financial Stocks Posting Sharp Losses in Monday Selloff	21-12-20	MT
Top Midday Gainers	21-12-20	MT
Financial Stocks Down In Pre-Bell Monday Activity	21-12-20	MT

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Company Profile

First-Citizens Bank & Trust Company (the Bank) provides banking services in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, Missouri, New Mexico, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia. The Bank helps personal, business, commercial and wealth clients. The Bank also operates a nationwide direct bank and a network of more than 600 branches in 22 states. The Company's personal offerings include checking accounts, saving accounts, credit cards, loans, mortgages, insurance, retirement and investments. Its small business offerings include small business checking, business loans, business credit cards, merchant services and automated clearing house (ACH) services. Its commercial offerings include credit and financing, treasury management, international services, and commercial deals.

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