CIT Related Content

CIT Arranges $45MM Containership Financing for Mangrove Partners

CIT’s maritime finance business served as sole lead arranger on a $45 million financing for a portfolio of seven containerships on behalf of a fund managed by Mangrove Partners. read more

CIT Provides $42.4MM for Nashville Apartment Complex

CIT Group’s real estate finance business provided $42.4 million in financing for the construction of a new apartment complex in Nashville, TN. The new complex will be known as NOVEL Harpeth Heights by Crescent Communities. read more

CIT Arranges $93.3MM in Financing for TX-Based Battery Storage Portfolio

CIT’s power and energy business served as a co-lead arranger on $93.3 million in financing for a portfolio of six battery energy storage systems owned by Key Capture Energy in Texas. read more

CIT Arranges $10.1MM Financing for WLG Fremont to Build RTG Medical HQ

CIT’s middle market banking business arranged $10.1 million in financing for WLG Fremont, which will use the financing to construct a 54,000 square foot office building to serve as the new headquarters for RTG Medical. read more

First Citizens and CIT Receive Stockholder Approval to Merge

First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, jointly received stockholder approval to merge companies. read more

CIT Arranges $16.1MM for Acquisition of Dialysis Center Portfolio by Cypress West Partners

CIT’s healthcare finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers by Cypress West Partners. read more

CIT Arranges $165MM Financing for iEnergizer

CIT’s technology, media and telecommunications business served as co-lead arranger and joint bookrunner on a $150 million term loan and $15 million revolving credit facility for iEnergizer, a technology services and media solutions company. read more

CIT Arranges $48MM Portfolio Financing of Medical Office Buildings

CIT’s healthcare finance business served as sole lead arranger of senior debt financing totaling $48 million for the acquisition of a portfolio of medical office buildings. The borrower is the joint venture between Kayne Anderson Real Estate and Remedy Medical Properties. read more

CIT Arranges $56MM Financing for Seamax Containerships

CIT’s maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II. read more

CIT Leads $69MM Financing for Solar Portfolio

CIT’s power and energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar, a solar and storage energy service provider based in North Carolina. read more

ELFA Releases Details for Virtual Equipment Management Conference

The Equipment Leasing and Finance Association unveiled details about the 2021 ELFA Equipment Management Conference & Exhibition, which will be delivered as a virtual event on Feb. 23 and Feb. 24. read more

CLFP Foundation Adds 17 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation added 17 new CLFPs who recently sat through and passed the eight-hour online CLFP exam. read more

CIT Donates 2 Million Meals to Fight Hunger

CIT Group’s annual partnership with Feeding America helped provide 2 million meals to people in need this holiday season. With the support of its customers, employees and followers, CIT brought awareness to the pressing issue of food insecurity across the country. read more

CIT to Plant 50,000 Trees in Angeles National Forest to Support Reforestation

CIT and its Pasadena, CA-based banking subsidiary CIT Bank will plant 50,000 trees in Angeles National Forest through a collaboration with One Tree Planted, a nonprofit organization focused on global reforestation. read more

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