CIT Real Estate Finance
CIT Real Estate Finance, with its deep industry relationships, underwriting experience and market expertise, originates and underwrites senior secured real estate transactions. Its transactions are focused on experienced and well-capitalized sponsorship that require moderate leverage, a visible repayment strategy, and market competitive terms and pricing.
Key Markets
- Boston
- New York
- Washington, D.C.
- Select major markets nationwide
Key Sectors
- Office
- Retail
- Industrial
- Multi-family rental
- For Sale condominium
- Select hospitality
Loan Offering
- Cash flow investment loans, which often have a value-add component
- Construction loans to highly experienced and well-capitalized developers
Loan Parameters
- Loans of $20 million plus
- Debt Yield of 8% -12%
- Maximum of 70 % LTC
- Maximum of 80% LTV
- Term 3-5 years
- Floating and fixed rate