First Citizens Bank’s healthcare finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, FL. read more

MAY 18, 2023 - 6:41 am

First Citizens Bank celebrated its 125th year in business on March 1. The company will recognize the milestone throughout the year. read more

MAR 2, 2023 - 7:13 am

First Citizens Bank’s maritime finance business, part of the bank’s CIT division, served as sole lead arranger on $44.2 million in debt financing secured by product tankers for Navios Maritime Partners, which will use proceeds from the financing to refinance existing debt. read more

JAN 19, 2023 - 6:58 am

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 asset-based lending business of CIT, a division of First Citizens Bank, provided a $35 million revolving credit facility to Utopia Deals. read more

DEC 9, 2022 - 7:12 am

NineDot Energy, a developer of community-scale clean energy projects, closed on a new $85 million construction-to-term debt facility. Provided by CIT and SMBC, the facility supports the construction and operation of 11 battery storage sites. read more

DEC 8, 2022 - 7:29 am

CIT’s healthcare finance division served as lead arranger of $135.6 million in financing for Superior Biologics. read more

DEC 2, 2022 - 7:21 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

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $419 million in financing for the acquisition of the Broad River power generation facility in Gaffney, SC. read more

NOV 18, 2022 - 6:57 am

CIT’s power and energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. read more

NOV 4, 2022 - 7:00 am

CIT’s Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and Idaho. read more

OCT 19, 2022 - 6:59 am

Kevin Ronan

Capital equipment financing is a discipline all its own – especially when working with middle market companies. Few institutions have the requisite industry experience, let alone resources and creativity, to craft industry-specific financing solutions for individual customers. And that means... read more

October 2022

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

The sponsor finance business of CIT, a division of First Citizens Bank, arranged debt financing to support SK Capital Partners’ investment in VanDeMark Chemical in partnership with existing co-owner Comvest Partners. read more

SEP 15, 2022 - 7:36 am

CIT’s healthcare finance business provided $50.8 million to Seavest Healthcare Properties for the refinancing of Providence Family Wellness Center and Medical Office building. read more

SEP 14, 2022 - 7:37 am