CIT Provides $35MM Financing for Sacramento Apartment Purchase

NEW YORK -- CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group (“Bascom”), an owner/operator of multifamily properties, and funds managed by Oaktree Capital Management, […]