CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems. read more

APR 22, 2022 - 7:04 am

CIT’s capital equipment finance business named Eric Smith a business development officer for the western region. Smith has more than 25 years of experience developing equipment-based financial solutions across a range of industries and financial sales. read more

APR 15, 2022 - 7:30 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 appointed Geoff Black to the position of managing director and group head for the lender finance business within its business capital division. Black joined CIT in 2006 and, in his most recent role, he was responsible for originating and growing relationships. read more

APR 12, 2022 - 6:33 am

CIT hired Howard Moore and Paul Pagano as business development directors in the Northeast and promoted Michael Rayner to director and team leader in the West for its commercial services business. read more

APR 7, 2022 - 6:19 am

CIT’s asset-based lending business served as lead arranger on financing for Kenneth Cole Productions, a men’s and women's fashion brand. read more

APR 6, 2022 - 6:15 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

CIT, a division of First Citizens Bank, launched a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment. Shawn Foy will lead the new vertical. read more

MAR 25, 2022 - 6:38 am

CIT reorganized its commercial services factoring business, with Marc Heller, president of CIT commercial services, now reporting directly to Peter Bristow, president of First Citizens Bank, and Michael Hudgens now leading commercial services as managing director and group head. read more

MAR 8, 2022 - 6:24 am

CIT’s real estate finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center, an industrial facility in Baltimore. read more

MAR 4, 2022 - 6:24 am

CIT’s real estate finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, AZ, by 29th Street Capital. read more

FEB 25, 2022 - 6:14 am

CIT’s healthcare finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington and Arizona. read more

FEB 24, 2022 - 6:14 am

CIT’s power and energy business served as coordinating lead arranger on $71.4 million in financing for a portfolio of solar projects in Howard County, MD, for Arches Solar, a subsidiary of CleanCapital. read more

FEB 18, 2022 - 6:54 am

CIT’s healthcare finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, FL, and Alexandria, LA, by IRA Capital. read more

FEB 17, 2022 - 6:31 am