CIT Related Content

CIT Arranges $41.6MM in Financing for California Apartment Complex

CIT’s real estate finance business served as sole lead arranger on a $41.6 million loan for the acquisition and renovation of The Devonshire Apartments in Hemet, CA. read more

CIT Arranges $43MM in Financing for Portfolio of Medical Office Buildings

CIT’s healthcare finance business served as sole lead arranger on a loan of about $43 million to finance the acquisition of a portfolio of medical office buildings in Florida and Arizona. read more

CIT Arranges $26MM Loan for Acquisition of Industrial Portfolio in West Palm Beach, FL

CIT’s real estate finance business served as sole lead arranger on a $26 million loan for the acquisition of a three-building portfolio of industrial buildings in West Palm Beach, FL. read more

CIT Northbridge Acts as Sole Lead Arranger on $50MM Intermetal Rebar Credit Facility

CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar. read more

CIT Provides $28.2MM in Financing for Development of Apartment Complex

CIT’s real estate finance business provided $28.2 million in financing for construction of the Via Del Lago apartment complex in the Moreno Valley region of Los Angeles. read more

CIT Arranges $70MM Secured Credit Facility for MPC Container Ships

CIT’s maritime finance business served as sole lead arranger on a $70 million senior secured credit facility for MPC Container Ships, a provider in the feeder container ship market segment. read more

CIT Names Ronan National Sales Director for Capital Equipment Finance Business

CIT appointed Kevin Ronan national sales director for its capital equipment finance business. Ronan will oversee business development within capital equipment finance for CIT’s direct and indirect sales channels. read more

CIT Arranges $100MM in Financing for Cornerstone Healthcare Group

CIT’s healthcare finance business served as lead arranger on $100 million in financing for Cornerstone Healthcare Group and its long-term acute care hospital division. read more

Creativity Transcends Tradition: Equipment Finance’s Future Must be People-First and Customer Obsessed

A group of this year’s Monitor NextGen Leaders share their ideas for improving the equipment finance industry. They believe that by embracing creativity over tradition and coming together to learn from each other’s digital transformation experiences, members of the equipment finance industry can create a customer-obsessed space that attracts the innovative young talent needed for the industry’s next chapter.... read more

CIT Arranges $68.4MM in Financing for Crane Solar in Texas

CIT’s power and energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, TX, and an adjacent 25-megawatt battery development. read more

ELFA Unveils Agenda for Emergence2021 LIVE!

The Equipment Leasing and Finance Association released a detailed agenda for Emergence2021 LIVE!, a virtual leadership program to be held on July 14 for emerging talent in the equipment finance industry. read more

CIT Provides $42MM in Financing for Dry Bulk Fleet

CIT’s maritime finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a dry bulk shipping operator, will use the loan to refinance existing debt on its fleet of seven Handymax vessels. read more

CIT Provides $42.8MM in Financing for Apartment Complex in Tampa, FL

CIT’s real estate finance business provided $42.8 million in financing for the acquisition of an apartment complex in Tampa, FL. read more

CIT Arranges $33.2MM in Financing for Medical Office Building

CIT’s healthcare finance business served as sole lead arranger on a $33.2 million loan to finance the acquisition of a medical office building in Brooklyn, NY. read more

CIT Arranges $200MM in Financing for Solar Power Project in Illinois

CIT’s power and energy business served as coordinating lead arranger for approximately $200 million in financing for the 149-megawatt Big River solar power project in White County, IL. read more

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