First Citizens Bank’s real estate finance group, part of the CIT division, provided $40 million in construction financing to a joint venture between Grandview Partners and Crosland Southeast for the development of Evelyn City Lofts apartments in Tampa, FL. read more

JUL 24, 2023 - 6:30 am

First Citizens Bank’s energy finance group, part of the CIT division, served as the coordinating lead arranger on a $70.4 million construction and term loan financing facility for two standalone Jupiter Power battery energy storage projects in Texas. read more

JUL 18, 2023 - 6:38 am

First Citizens Bank’s real estate finance business provided $42.2 million in financing to a joint venture between National Resources and Great Point Media for the development of a new entertainment production facility located in Yonkers, NY.  read more

JUL 14, 2023 - 7:08 am

First Citizens Bank’s maritime finance business arranged up to $30 million in financing for affiliates of MSea Capital to refinance MR product tankers. read more

JUL 12, 2023 - 6:53 am

First Citizens Bank named Joe Kernan a new relationship manager in its healthcare finance business, which part of the bank’s CIT division. Kernan is based in Pasadena, CA, and will support healthcare clients in the western United States. read more

JUL 6, 2023 - 7:00 am

First Citizens Bank’s maritime finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships. read more

JUN 27, 2023 - 7:18 am

Mike Jones, president of vendor equipment finance at First Citizens Bank, has watched the equipment finance industry and its people blossom over time. Touched by inspirations like former EverBank executive Jim McGrane and others, Jones embodies servant leadership by embracing his team for the greater good.... read more

Monitor 50th Anniversary 2023

First Citizens Bank’s real estate finance business provided a $19.5 million construction loan for the development of Holbrook Logistics Center in Long Island, NY. read more

JUN 22, 2023 - 6:54 am

First Citizens Bank’s maritime finance group, part of the CIT division, completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. read more

JUN 21, 2023 - 6:58 am

Monitor, the leading publication in the equipment finance industry, held Converge, its 50th anniversary celebration, in Philadelphia on Wednesday and Thursday, featuring a full-day conference and an evening gala during which it announced the winners of the 2023 Converge Awards. read more

JUN 16, 2023 - 6:03 am

Great Rock Capital upsized its leverage facility with KeyBank. The leverage facility agented by KeyBank provides more than $450 million of capital and includes the recent additions of new lending partners First Citizens Bank, Regions Bank and Synovus Financial. read more

JUN 14, 2023 - 6:48 am

First Citizens Bank appointed Marc Cadieux, a 30-year veteran of Silicon Valley Bank, president of Silicon Valley Bank's commercial banking business. Based in the California Bay Area, Cadieux will lead the SVB Commercial team of more than 1,000 bankers. read more

JUN 9, 2023 - 7:09 am

First Citizens Bank promoted Marc Heller to vice chairman of CIT Commercial Services, a subsidiary of First Citizens Bank, and Michael Hudgens to president of CIT Commercial Services with full responsibility for the day-to-day operation of the business. read more

JUN 8, 2023 - 7:07 am

First Citizens Bank’s asset-based lending group, part of the CIT division, provided a revolving credit facility to Signature Brands, a Ocala, FL-based provider of dessert decoration and seasonal celebration products. read more

JUN 7, 2023 - 7:00 am

First Citizens Bank named Jim Hudak president of its CIT Commercial Finance group. Hudak has more than 20 years of experience as a commercial finance executive and previously oversaw CIT’s commercial finance businesses from 2008 to 2019. read more

JUN 6, 2023 - 7:03 am