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News Stories (28 Results) - CIT Healthcare Finance

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