CIT backs Washington, D.C. multifamily housing project
CIT Group Inc's real estate finance division was a co-lead arranger on $90.6 million in financing for a new multifamily housing project in Washington, D.C. MRP Realty and Barings will build this project, which will consist of of 387 units of studio, one- or two-bedroom apartments with 30 units designated as affordable housing. Completion is expected in the fourth quarter of 2021.
20 September 2019•3 mins read
