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News Stories (39 Results) - CIT Healthcare Finance

First Citizens Bank's Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital in... Read Story
September 15, 2023, 07:42 AM


First Citizens Bank's Healthcare Finance business, part of the CIT division, provided a loan to refinance American House St Petersburg, a senior living community located in St. Petersburg, Florida. The financing was provided to a joint venture... Read Story
August 16, 2023, 07:06 AM


First Citizens Bank's Healthcare Finance business, part of the CIT division, provided a $50.3 million loan to a joint venture led by Rethink Healthcare Real Estate to refinance the Medical Pavilion at White Oak, an on campus medical office building... Read Story
August 01, 2023, 07:14 AM


First Citizens Bank's Healthcare Finance group, part of the CIT division, provided $20.5 million toward the acquisition of the Forsyth Physicians Center. The borrower is a joint venture led by Anchor Health Properties. Forsyth Physicians Center is a... Read Story
July 27, 2023, 07:08 AM


First Citizens Bank announced its Healthcare Finance business, part of the bank’s CIT division, has named Joe Kernan as its new Relationship Manager. Kernan is based in Pasadena, CA (Los Angeles Metro) supporting healthcare clients in the Western U.S... Read Story
July 06, 2023, 07:39 AM


First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251... Read Story
May 18, 2023, 07:30 AM


First Citizens Bank announced its Healthcare Finance group, part of the CIT division, has provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building... Read Story
March 31, 2023, 07:46 AM


First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $50.3 million in financing to Montecito Medical Real Estate to recapitalize a portfolio of medical office buildings. The portfolio consists of an... Read Story
February 23, 2023, 07:08 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business 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... Read Story
December 15, 2022, 07:16 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger of $135.6 million in financing for Superior Biologics Inc.Headquartered in Sharon Hill, Pennsylvania, Superior Biologics is a leading... Read Story
December 02, 2022, 07:00 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business provided $39.25 million in financing for the acquisition of a portfolio of seven medical office buildings and dialysis centers in Texas, Georgia, Washington and... Read Story
October 19, 2022, 07:45 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an... Read Story
September 28, 2022, 08:00 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business provided $50.8 million to Seavest Healthcare Properties, LLC for the refinancing of Providence Family Wellness Center and Medical Office Building. Providence... Read Story
September 14, 2022, 07:15 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. The original financing was developed in... Read Story
August 31, 2022, 07:19 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market... Read Story
August 18, 2022, 07:23 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as sole lender on a $22 million loan to AZ Banner Investments LLC, which is managed by Webb Management & Investments, LLC. The loan was used to refinance... Read Story
June 01, 2022, 07:24 AM


CIT, a division of First Citizens Bank, announced that its Healthcare Finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington, and Arizona. The loans supported a joint... Read Story
February 24, 2022, 07:05 AM


CIT Group's Healthcare Finance business served as sole lead arranger of $34 million to refinance the Enclaves at Chandler, a senior housing community located in Chandler, Arizona. The financing was provided to Spectrum Retirement Communities LLC, a... Read Story
December 17, 2021, 07:31 AM


CIT Group announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. New Day Healthcare, founded by long term home care executive G. Scott Herman, partners with market-leading... Read Story
November 05, 2021, 07:40 AM


CIT Group'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. The portfolio, acquired by Cypress West Partners... Read Story
September 02, 2021, 07:50 AM


CIT Group announced that its Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings Inc. and their long-term acute care hospital division.Based in Dallas and founded in 1990... Read Story
July 29, 2021, 07:50 AM


CIT Group's Healthcare Finance business served as sole lead arranger on a $33.2 million loan to finance the acquisition of a medical office building in Brooklyn, New York. The class A medical office building is located at 902 Quentin Road, Brooklyn.... Read Story
June 16, 2021, 07:20 AM


CIT Group's Healthcare Finance business served as sole lead arranger on a $17.4 million loan to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, California. The medical office building portfolio includes more... Read Story
May 07, 2021, 07:33 AM


CIT Group's Healthcare Finance business served as sole lead arranger on a $19.3 million loan to finance the acquisition of the Sugar Creek Health Center in Sugar Land, Texas.The Sugar Creek Health Center, an 84,646-square-foot medical office building... Read Story
April 23, 2021, 07:08 AM


CIT Group's Healthcare Finance business served as sole lead arranger on a $15.9 million financing for two medical office buildings in Littleton, Colorado.The buildings, known as Arapahoe Medical Plaza I and II, are located on the campus of Littleton... Read Story
April 15, 2021, 07:09 AM


CIT Group's Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama.The borrower, Cypress West Partners is an experienced and successful... Read Story
April 07, 2021, 06:33 AM


CIT Group's Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers.Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis... Read Story
February 05, 2021, 08:00 AM


CIT Group's Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate... Read Story
January 28, 2021, 07:15 AM


CIT Group Inc. announced that its Healthcare Finance group, part of the company's Commercial Finance division, has arranged a $75 million senior secured asset-based credit facility on behalf of One Call Corporation, a leading service provider to the... Read Story
December 02, 2020, 08:50 AM


CIT Group Inc. announced that its Healthcare Finance group, part of the company's Commercial Finance division, provided a $20 million senior secured credit facility for Protech Home Medical Corp., a leader in the home medical equipment industry... Read Story
September 21, 2020, 08:55 AM


CIT Group and its Healthcare Finance unit announced a $25 million loan supporting Seavest Healthcare Properties’ acquisition of the MLK Community Hospital Medical Office Building in South Los Angeles. The private, nonprofit hospital provides... Read Story
July 30, 2020, 08:00 AM


CIT Group announced that its Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities in California, Nevada and Washington between New Generation Health LLC (New Gen) and affiliates of... Read Story
February 19, 2020, 08:00 AM


CIT Group Inc. (NYSE: CIT) announced that its Healthcare Finance unit served as sole lead arranger on a $34 million financing for an assisted living facility in Richmond, Texas.The loan will be used primarily to refinance construction debt on the... Read Story
September 11, 2019, 08:40 AM


CIT Group Inc. announced that its Healthcare Finance unit has served as sole lead arranger on a $60 million senior secured credit facility to Partners Pharmacy.Headquartered in Springfield, N.J., Partners Pharmacy is one of the nation’s top providers... Read Story
August 16, 2019, 09:00 AM


CIT Group announced that its Healthcare Finance unit served as joint lead arranger and administrative agent on the first-lien credit facility for the acquisition of KabaFusion, a leading provider of acute and specialty home infusion services, by... Read Story
February 19, 2019, 10:09 AM


CIT Group Inc. announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, served as sole lead arranger of $21.4 million in senior secured credit facilities for Virtus Real Estate Capital, a private equity real estate... Read Story
December 14, 2018, 08:05 AM


CIT Group Inc. announced that its Healthcare Finance business served as administrative agent and lead arranger for $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol... Read Story
September 14, 2018, 07:19 AM


CIT Group Inc., a provider of commercial lending and leasing services, announced that its Healthcare Finance business provided a $65 million senior secured credit facility to QMES, a large distributor of durable medical equipment to patients in the... Read Story
June 02, 2017, 07:30 AM


CIT Group Inc., a provider of commercial lending and leasing services, announced that CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners, a... Read Story
March 07, 2017, 07:19 AM