newsfilter
← Latest News
Business Wire·

CIT Serves as Lead Arranger for Financing to Cole Real Estate Investments, Inc.

NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT) cit.com, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that it provided a senior secured term loan to Cole Real Estate Investments, Inc. (Cole), a real estate investment trust (REIT) that owns and manages a diversified portfolio of real estate, including restaurant, retail, office and industrial properties, throughout the U.S. The $15.5 million financing supported the purchase of 21 properties with Wendy’s restaurants in three domestic markets — Las Vegas, San Antonio and Indianapolis.