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CIT Serves as Sole Lead Arranger on $19.3 Million Financing for Texas Health Center


Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT Serves as Sole Lead Arranger on $19.3 Million Financing for Texas Health Center
April 22, 2021 GMT
(PRNewsfoto/CIT Group Inc.)
NEW YORK, April 22, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $19.3 million loan to finance the acquisition of the Sugar Creek Health Center in Sugar Land, Texas.
The Sugar Creek Health Center, a 84,646-square-foot medical office building located approximately 20 miles southwest of Houston, is leased to a diverse mix of tenants that provide various medical services including ambulatory surgery, imaging, orthopedics, women’s health, dentistry and optometry, among others. ....

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