CIT Serves as Co-Lead Arranger on $90.6 Million Financing for Multifamily Project in Washington, D.C.
(WorldNews Business)

CIT Serves as Co-Lead Arranger on $90.6 Million Financing for Multifamily Project in Washington, D.C. NEW YORK, Sept. 19, 2019/PRNewswire / -- CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division served as co-lead arranger on $90.6 millionin financing for a new multifamily housing project in Washington, D.C. The project will be built by a joint venture managed by MRP Realty and Barings, one of the world`s largest diversified real estate investment managers, on behalf of institutional investors. The project will consist of 387 units of...