First Citizens Bank’s commercial real estate business provided $44 million in construction financing to Greek Real Estate Partners, a New Jersey-based real estate firm, to support construction of a Class A distribution center seven miles north of downtown Philadelphia. read more

NOV 6, 2023 - 6:20 am

First Citizens Bank’s real estate finance group, part of the CIT division, provided $40 million in construction financing to a joint venture between Grandview Partners and Crosland Southeast for the development of Evelyn City Lofts apartments in Tampa, FL. read more

JUL 24, 2023 - 6:30 am

First Citizens Bank’s real estate finance business provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of a new entertainment production facility located in Yonkers, NY.  read more

JUL 14, 2023 - 7:08 am

First Citizens Bank’s real estate finance business provided a $19.5 million construction loan for the development of Holbrook Logistics Center in Long Island, NY. read more

JUN 22, 2023 - 6:54 am

First Citizens Bank’s real estate finance group, part of the CIT division, provided a $48 million senior secured loan to finance the acquisition of the Dunson Grove apartment community in Davenport, FL. read more

APR 20, 2023 - 6:44 am

First Citizens Bank's real estate finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, WA. read more

FEB 3, 2023 - 7:09 am

CIT’s real estate finance business provided $34 million in financing for a joint venture between i.Park and Great Point Media for the development of Lionsgate Warburton Studios, an entertainment production facility in Yonkers, NY. read more

NOV 21, 2022 - 7:16 am

CIT’s real estate finance business served as lead arranger on $53 million in financing for the acquisition of six industrial properties. read more

AUG 17, 2022 - 6:30 am

CIT, a division of First Citizens Bank, provided a loan to TruAmerica Multifamily for the acquisition of The Park at Napoli Apartments in Winter Park, FL. read more

AUG 2, 2022 - 7:20 am

Saxum Real Estate closed on a $17 million construction loan from CIT, a division of First Citizens Bank, for the financing of two industrial developments in Hazleton, PA. read more

JUN 15, 2022 - 7:29 am

CIT, a division of First Citizens Bank, added Ted Dalton as a managing director for its real estate finance group. Dalton is based in New York and will operate as a senior relationship manager. read more

JUN 8, 2022 - 7:39 am

CIT’s real estate finance business provided $30 million for the acquisition of Madison Grove Apartments, a 171-unit multi-family complex located in the north Phoenix area, by Brass Enterprises. read more

MAY 19, 2022 - 6:57 am

CIT’s real estate finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh. read more

APR 14, 2022 - 7:09 am

CIT’s real estate finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The name of the borrower was not disclosed. read more

APR 1, 2022 - 6:27 am

The real estate finance business of CIT, a division of First Citizens Bank, provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Chicago by Aminim Group. read more

MAR 29, 2022 - 6:31 am