The healthcare finance business of CIT provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, KS. read more

DEC 15, 2022 - 7:40 am

The healthcare finance business of CIT, a division of First Citizens Bank, served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties. read more

SEP 29, 2022 - 7:42 am

CIT Healthcare Finance provided $110 million in senior secured credit facilities to Quipt Home Medical. The financing consists of a delayed draw term loan and a revolving credit facility. read more

SEP 20, 2022 - 7:27 am

CIT’s healthcare finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane, WA, market region. read more

AUG 18, 2022 - 6:44 am

CIT Healthcare Finance served as administrative agent and sole lead arranger on a $115 million first lien credit facility and as sole lead arranger on a $29 million second lien facility for Bristol Hospice. read more

SEP 14, 2018 - 7:15 am

CIT Group’s Healthcare Finance business closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, MD. read more

JUN 21, 2018 - 6:48 am

CIT Healthcare Finance provided a $175 million senior secured credit facility to QMES, a distributor of durable medical equipment to patients in seven Mid-Atlantic and Northeastern states. read more

MAR 6, 2018 - 2:46 pm

CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners. read more

MAR 7, 2017 - 6:41 am

CIT Healthcare Finance served as co-lead arranger for a $138.5 million senior secured credit facility to Continuum Healthcare. read more

SEP 8, 2016 - 6:25 am

CIT Healthcare Finance served as joint lead arranger and syndication agent for a $65 million senior secured credit facility to private equity firm Blue Wolf Capital Partners to support the acquisition of NHHC. read more

MAY 20, 2016 - 8:07 am

According to observations presented by William Douglass, group head of CIT Healthcare Finance, the healthcare sector maintains sound fundamentals for growth and is better equipped to withstand economic cycles. read more

MAY 19, 2016 - 6:52 am

CIT Healthcare Finance served as sole lead arranger and administrative agent for a $50 million senior secured credit facility to Superior Biologics, a specialty pharmacy provider. read more

MAR 8, 2016 - 7:19 am

CIT Healthcare Finance served as lead arranger for a $190 million senior secured credit facility to help finance the combination of Vertical/Trigen Holdings with Osmotica Holdings. read more

FEB 12, 2016 - 6:58 am

CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million credit facility to support Wellspring Capital Management’s acquisition of AdvoServ. read more

DEC 22, 2015 - 7:05 am

CIT said that its Healthcare Finance unit served as sole lead arranger and administrative agent in a $47 million incremental credit facility to support Epic Health’s acquisition of Option1. read more

OCT 7, 2015 - 6:56 am