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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

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

SEP 2, 2021 - 6:07 am

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

AUG 26, 2021 - 6:17 am

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

AUG 17, 2021 - 6:00 am

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

AUG 13, 2021 - 6:23 am

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

AUG 11, 2021 - 6:36 am

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

JUL 30, 2021 - 6:28 am

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

JUL 29, 2021 - 5:10 am