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CIT Serves as Sole Lead Arranger on $18 5 Million Financing for Alabama Cancer Center

Share this article Share this article NEW YORK, April 6, 2021 /PRNewswire/  CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama. The borrower, Cypress West Partners is an experienced and successful owner and manager of healthcare properties that has a long history of acquisition financing with CIT. The Singing River Cancer Center, a 45,900-square-foot medical office building, opened in the fall of 2020 and is fully leased to complementary tenants that provide cancer care, oncology and imaging services.

Ask Money Today: Is it good time to invest in pharma mutual funds?

Ask Money Today: Is it good time to invest in pharma mutual funds? It would be more preferable to select a diversified fund with high pharma exposure or with more exposure towards the ingredients manufacturing space Pharma mutual funds have topped the charts in the last year with over 70 per cent returns on an average. Top schemes like DSP Healthcare Fund has given over 80 per cent returns in the one year period. Many other schemes have delivered wonderful double-digit returns. I have read some equity reports which state that there is still some steam left in this sector. Can I invest in DSP Healthcare Fund or any other good mutual fund scheme in the pharma space now? Is it the right time? Please tell me good names in pharma space.

John Delaney Fast Facts

John Delaney Fast Facts
krdo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krdo.com Daily Mail and Mail on Sunday newspapers.

Ask Money Today: which are the best mutual funds to invest Rs 2,000 per month?

Ask Money Today: which are the best mutual funds to invest Rs 2,000 per month? Investing through a systematic investment plan or SIP is the best way to create wealth through equity mutual funds SIP amount can be increased basis increase in one s investable income What are the best mutual funds to invest Rs 2,000 per month? I am not looking for tax savings. I want to invest for my wealth creation. I already invest Rs 1,000 per month in my bank s recurring deposit. Now I want to get into equities. -Riddhi Bhola By Divam Sharma, Co-Founder, Green Portfolio, SEBI Regd. Portfolio Management Services

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