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CIT Lends $65M To Extell, Parkland For Vail Resort Purchase

By Joyce Hanson (January 5, 2017, 3:22 PM EST) -- Real estate developers Extell Development Co. and Parkland Group have reached a $65 million deal for financing to assist their joint venture to buy the Four Seasons Vail luxury resort and hotel in Colorado, commercial lending and leasing services company CIT Group Inc. said Thursday....

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