First Citizens Bank's healthcare finance group, which is part of the CIT division, provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. read more

FEB 1, 2023 - 7:09 am

First Citizens Bank’s maritime finance business, part of the bank’s CIT division, served as sole lead arranger on $44.2 million in debt financing secured by product tankers for Navios Maritime Partners, which will use proceeds from the financing to refinance existing debt. read more

JAN 19, 2023 - 6:58 am

The healthcare finance business of CIT provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical office building portfolio located in Wichita, KS. read more

DEC 15, 2022 - 7:40 am

FitLife Brands, a provider of nutritional supplements, entered into definitive documentation to acquire Mimi’s Rock. First Citizens Bank is providing more than $16 million in financing to support the acquisition. read more

DEC 6, 2022 - 7:17 am

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $419 million in financing for the acquisition of the Broad River power generation facility in Gaffney, SC. read more

NOV 18, 2022 - 6:57 am

First Citizens Bank’s CIT Bank division completed conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens’ products and services. read more

NOV 15, 2022 - 7:07 am

First Citizens Bank named James Ligman managing director in its middle market banking business to lead expansion efforts in the Orange County and Inland Empire regions of California. read more

OCT 14, 2022 - 7:04 am

First Citizens Bank expanded its middle market banking unit to support the financial needs and goals of midsize businesses across Southern California and the Southwest. read more

OCT 13, 2022 - 7:01 am

Ten industry leaders sat down with Monitor to discuss the emerging and necessary changes that will be made in the equipment finance industry and how great leadership can contribute to, respond to and implement those changes.... read more

Monitor 100 2022

CIT, a division of First Citizens Bank, named Kevin Ronan the group head of its capital equipment finance business. Previously, Ronan served as national sales director for CIT’s capital equipment finance business’ direct and indirect sales channels. read more

AUG 5, 2022 - 7:11 am

CIT Commercial Services, a subsidiary of First Citizens Bank, increased a New York-based fashion company’s discretionary lending facility to $100 million to support the acquisition of an entity that specializes in children’s apparel. read more

AUG 4, 2022 - 7:14 am

First Citizens Bank completed its conversion of OneWest Bank to First Citizens’ operations and systems division. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. read more

JUL 19, 2022 - 7:20 am

CIT, a division of First Citizens Bank, added Ted Dalton as a managing director for its real estate finance group. Dalton is based in New York and will operate as a senior relationship manager. read more

JUN 8, 2022 - 7:39 am

CIT’s maritime finance business increased its financing for Polska Zegluga Morska Capital Group (Polsteam Group) by $10 million through a secondary purchase. The loan increases CIT’s total financing commitment to the client by about 50%. read more

MAY 6, 2022 - 7:27 am

First Citizens Bank’s middle-market banking business provided up to $50 million as a senior secured line of credit to an affiliate of Morningstar Properties, an investor in and operator of self-storage facilities. read more

MAY 5, 2022 - 7:25 am