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News Stories (10 Results) - Burt Feinberg

According to the 8th annual CIT Retail Outlook, 80% of middle-market retailers rate their overall financial condition as healthy or very healthy. Many are cautiously optimistic about the upcoming holiday season and the near-term future. Sixty percent... Read Story
November 23, 2016, 07:44 AM

CIT Group Inc. announced that CIT Retail Finance served as sole lead arranger for a $35 million senior secured credit facility to support the equity investment made by private equity sponsor, Goode Partners LLC, in the acquisition of Forman Mills... Read Story
November 01, 2016, 07:14 AM

CIT Group announced that CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. Mesa Airlines is the... Read Story
September 23, 2016, 07:31 AM

CIT Group announced that CIT Commercial & Industrial Finance, which provides corporate financing solutions to restaurant and retail companies, served as sole lead arranger for an over $50 million senior secured credit facility to support the... Read Story
March 02, 2016, 07:11 AM

Now deep into the holiday season, some observers are cautiously optimistic towards the outlook for the retail sector, while others are outright skeptical. At the same time, the private equity community remains interested in retail, believing that the... Read Story
December 15, 2015, 07:49 AM

CIT Group announced the appointment of Eric Miller as Managing Director and Group Head of CIT Capital Equipment Finance. He will report directly to Burt Feinberg, President and Group Head of CIT Corporate Finance, Commercial & Industrial. “Eric is an... Read Story
March 25, 2015, 07:38 AM

An annual retail outlook study ( of more than 250 senior middle-market retail executives conducted by CIT Group Inc. found cautious optimism among respondents. Fifty-five percent of executives anticipate their total holiday... Read Story
November 21, 2014, 07:30 AM

CIT Group Inc. provided financing to Wakefern Food Corp., the largest supermarket cooperative in the United States. Wakefern is the principal supplier of food and non-food products to member-owned supermarkets that trade under the ShopRite and... Read Story
October 09, 2014, 07:27 AM

In the face of an economy on a slow rebound and shifts in consumer behaviors, the winners among retailers since the Great Recession are those that are adapting their business models and keeping their brands relevant and their value proposition... Read Story
July 15, 2014, 07:14 AM

According to the research study “Taking Stock in Tough Times: U.S. Retail Sector Outlook,” produced by CIT Group with Forbes Insights, more than a third (37%) of middle market retail executives believe their holiday sales will increase over 2011... Read Story
November 15, 2012, 07:43 AM