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CIT Bank Seizes 152,000 SQFT Leamington Tower in Oakland from Stockbridge Capital

The historic Leamington Tower at 1814 Franklin Street in Oakland is the center of two significant disruptions in the commercial real estate market....

CIT Group, San Rafael, Innovatus Capital Partners, San Francisco Bay Area, 4040 Civic Center Drive, CIT Bank, OneWest Bank
CommercialFinanceINDUSTRY newsNews Releases

CIT Provides $27.5MM for Acquisition of San Rafael Office Building

NEW YORK (July 11, 2019) — CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division provided $27.5 million in financing for the acquisition of 4040...

Autodesk, BNBuilders, BuildingConnected, PlanGrid, Seattle, San Rafael
News Releases

CIT Bank Renews Partnership with a New Grant for First-Time Homebuyer Assistance

The first bank to partner with Los Angeles by granting direct down payment assistance for lower income first-time homebuyers provides a second $400,000...

INDUSTRY newsNews Releases

CIT Serves as Sole Lead Arranger on $107.5MM for Oakland Residential Project

NEW YORK (May 22, 2018) — CIT Group Inc. (NYSE: CIT), today announced that its Real Estate Finance division was the sole lead...

CalPERS, Sacramento, Sutter Health, California State Univeresity,
People on the Move

Banc of California Announces Hiring of Kris Gagnon as Chief Credit Officer

SANTA ANA, Calif., Feb. 7, 2018 – Banc of California today announced it has hired Kris Gagnon as Chief Credit Officer. Mr. Gagnon...

INDUSTRY newsNews Releases

CIT And HFF Announce $35MM Financing For Creative Office Building In Oakland, California

NEW YORK, NY — Dec. 11, 2017 — CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, and...

INDUSTRY newsNews Releases

Bascom San Francisco Acquires a 368-Unit Property in Sacramento for $43.5MM

EDITOR’S NOTE: The seller of the property was Oakmont Properties based in San Rafael. The property when sold was around 96 percent occupied....

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