CIT Serves as Sole Lead Arranger on $24 Million Financing for Multi-Family Property by MWest Holdings PR Newswire NEW YORK, Oct. 18, 2018 NEW YORK, Oct. 18, 2018 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Real Estate Finance division  was the sole lead arranger of a $24 million senior secured loan for the acquisition of a multi-family property in San Pedro, California, by MWest Holdings, a private real estate investment and management firm. MWest Holdings acquired the San Pedro Bank Lofts, an 89-unit loft-style multi-family property located in downtown San Pedro, near the San Pedro Arts District, in August.