CIT’s healthcare finance business served as sole lead arranger of $34 million to refinance the Enclaves at Chandler, a senior housing community in Chandler, AZ. read more

DEC 17, 2021 - 5:53 am

CIT’s middle market banking business provided $6.3 million to refinance corporate office properties for Diamond Communications. CIT’s refinancing involves term loans for corporate office properties in Springfield, NJ, and Delray Beach, FL. read more

DEC 16, 2021 - 6:51 am

CIT’s capital equipment finance business hired Thomas Linebarger and Scott Ryan as business development directors and promoted Erick Berreondo to business development director. read more

DEC 8, 2021 - 6:22 am

CIT’s power and energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy, an integrated solar and storage energy service provider based in North Carolina. read more

DEC 3, 2021 - 5:57 am

CIT’s maritime finance business arranged to provide up to $58 million to refinance four container ships operated by Leonhardt & Blumberg. The financing includes both term loan and delayed draw components. read more

NOV 9, 2021 - 6:27 am

CIT’s healthcare finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. The financing consists of a senior secured loan, a delayed draw term loan and a revolving line of credit. read more

NOV 5, 2021 - 6:26 am

CIT’s maritime finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling, which owns and operates 11 Handysize dry bulk vessels, a majority of which were previously financed by CIT. read more

NOV 2, 2021 - 6:49 am

... read more

Nov/Dec 2021

CIT’s power and energy business served as sole lead arranger for $67.8 million in financing for the construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy. read more

NOV 1, 2021 - 6:28 am

CIT’s technology, media and telecommunications business served as sole lead arranger and administrative agent on up to $95 million in financing toward the relaunch of Hollywood film production company Castle Rock Entertainment. read more

OCT 22, 2021 - 6:05 am

The industry group within CIT’s equipment finance business provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equipment. read more

OCT 20, 2021 - 6:25 am

CIT’s maritime finance business served as sole lead arranger on $26.5 million in senior secured financing on behalf of Queen Esther Shipping Limited. The loan is secured by the Queen Esther, a modern container ship operated by a joint venture led by Lomar Corporation Limited. read more

OCT 15, 2021 - 6:20 am

During a capital markets focused breakout session at the Equipment Leasing and Finance Association’s Annual Convention, panelists will cover contemporary practices in equipment finance funding based on findings from a study being prepared by The Alta Group. read more

OCT 14, 2021 - 6:02 am

Dan Michalek, founder and CEO of Syndifi, will be participating in the ‘Capital Markets in Review: Funding in the Digital Age’ breakout session at the Equipment Leasing and Finance Association’s 60th Annual Convention. read more

OCT 13, 2021 - 6:25 am

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

SEP 20, 2021 - 6:23 am