We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
CIT Group Inc | NYSE:CIT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 53.50 | 0 | 01:00:00 |
CIT Executive Spotlight Examines Outlook of the Commercial Real Estate Sector
While the commercial real estate sector continues to perform well, the question remains as to the impact a future interest rate increase may have on the sector. Despite this or the potential of a commercial real estate bubble, partnering with a strong private equity sponsor is one of the things investors can do to better protect themselves against a system shock. These are some of the observations from Matt Galligan, President, CIT Real Estate Finance, a division of CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, in “Commercial Real Estate Financing Outlook” (www.cit.com/galligan), the latest piece of market intelligence in a series of in-depth CIT executive Q&As.
“Even with some potential uncertainty on the horizon, the outlook for commercial real estate financing in the year ahead still looks fairly strong,” said Galligan. “However, success boils down to a few fundamentals, such as partnering with a good private equity sponsor, performing your due diligence, especially if you’re pursuing property in an unfamiliar market, and doing your homework on the underwriting.”
Some of the other trends Galligan expands upon include:
EDITOR’S NOTE:
CIT thought leadership content can be found at View from the Middle™ (cit.com/viewfromthemiddle) and our CIT Point of View blog (cit.com/pov). View our corporate video (cit.com/corporatevideo) and follow us on Twitter, LinkedIn, YouTube and Facebook. Register to receive press releases at cit.com/newsalerts.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150923005145/en/
CIT MEDIA RELATIONS:C. Curtis Ritter, 973-740-5390Senior Vice President of Corporate CommunicationsCurt.Ritter@cit.comorMatt Klein, 973-597-2020Vice President, Media RelationsMatt.Klein@cit.comorCIT INVESTOR RELATIONS:Barbara Callahan, 973-740-5058Senior Vice PresidentBarbara.Callahan@cit.com
1 Year CIT Chart |
1 Month CIT Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions