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Formed in 2012 and today with a membership of approximately 40 member firms, the CCIT is the first and only industry group devoted exclusively to issues relating to collective investment trusts.
Advisors Wells Fargo Securities, LLC and Hentschel & Company acted as financial advisors to CCIT, and Morris, Manning & Martin, LLP and Venable LLP provided transaction counsel.
CCIT's disciplined investment strategy of acquiring and actively managing high quality, income-producing properties, net-leased long-term to creditworthy corporate tenants created an institutional-quality portfolio of office and industrial assets that will immediately enhance the SIR portfolio to the benefit of its shareholders," noted Mark Selman, President and CEO of CCIT.
On September 2, 2014, CCIT announced that it had entered into a definitive agreement to merge into Select Income REIT ("SIR") in a $3.
The company is building upon its initial CCIT application called Real-time Page Management ("RPM")(R), as well as expanding its growing relationships with OEM's who wish to leverage CCIT technology.
For CCIT stockholders electing to receive stock, the transaction increases the annualized dividend by $0.
The announced merger of CCIT with Select Income REIT demonstrates ARCP's ability through Cole Capital to raise capital, invest in high-credit-quality assets and harvest value for the stockholders of its managed non-listed REITs through a transaction with an unaffiliated third party that values the total enterprise at approximately $3.
CCIT is responsible for developing encryption and certification standards for the Internet and e-business in China.
org) - NYC's leading housing, advocacy and social justice nonprofit for mental health consumers - shared why Community Access has taken a lead role in organizing the CCIT coalition and the importance of partnership and collaboration between CITs and the NYPD: "For 40 years, Community Access has built homes for thousands of New York City's most vulnerable citizens.
Creative / IdeaMall also operates a field sales organization under the name CCIT, which is focused on Fortune 1000 companies.
The quality Silicon Valley location, strong tenant credit, scheduled rent growth and remaining lease term made this property an ideal acquisition for CCIT II," said Jeff Holland, President and COO of Cole Real Estate Investments, Inc.
These 'necessity' properties boast credit-quality tenants, long-term leases, valuable rent increases and varied industries, while providing geographic diversification to the expanding CCIT portfolio.
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- CCIT 2 code
- CCITT Directory Services Protocol
- CCITT EDI Protocol
- CCITT High Level Programming Language
- CCITT HIgh-Level Language
- CCITT Message Handling Protocol
- CCITT Packet Switching Protocol
- CCITT Standard Protocol for Analog Circuits