Cit provides $30 million for acquisition of apartment complex in arizona

New york , may 18, 2022 /prnewswire/ -- cit, a division of first citizens bank, today announced that its real estate finance business provided $30 million for the acquisition of an apartment complex in phoenix, arizona. the madison grove apartments is a 171-unit multifamily complex located in the north phoenix area, located between piestewa peak park and scottsdale.

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