FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / ...

ABL Advisor Search Results

News Stories (26 Results) - CIT First Citizens

Saxum Real Estate closed a $17 million construction loan from CIT, a division of First Citizens Bank, for the financing of two industrial developments in Hazleton, PA.The current sites, both within opportunity zones, are poised to become two Class-A... Read Story
June 15, 2022, 07:28 AM


CIT, a division of First Citizens Bank, announced that its Maritime Finance business has recently increased its financing of Crowley, a leading global shipping and logistics company, to a total of $57 million as part of a larger credit facility. This... Read Story
June 09, 2022, 07:30 AM


CIT, a division of First Citizens Bank, has added seasoned real estate pro Ted Dalton as a Managing Director in its Real Estate Finance group. Dalton is based in New York and will operate as a senior relationship manager driving new business... Read Story
June 08, 2022, 07:30 AM


CIT, a division of First Citizens Bank, announced that its Commercial Services business has hired Brian Martin, an experienced banker with broad expertise in factoring and accounts receivable financing, as a regional manager leading CIT Commercial... Read Story
June 02, 2022, 07:32 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, appointed Cheryle Arevalo to the position of account executive for the Western Region of CIT’s Commercial Services business. Arevalo will be based in Los Angeles, California and will manage the relationships... Read Story
May 31, 2022, 07:41 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $30 million for the acquisition of an apartment complex in Phoenix, Arizona. The Madison Grove Apartments is a 171-unit multifamily complex located in... Read Story
May 19, 2022, 07:28 AM


CIT, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on $714 million in financing for a portfolio of thermal generation assets in California. The proceeds were used to refinance a 1... Read Story
May 12, 2022, 07:55 AM


CIT, a division of First Citizens Bank, announced that its Maritime Finance business has increased its financing for Polska Zegluga Morska Capital Group, also known as Polsteam Group, by $10 million via a secondary purchase. CIT Maritime's loan... Read Story
May 06, 2022, 07:29 AM


Origis Energy, one of America’s leading renewable energy platforms, closed a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of... Read Story
May 04, 2022, 07:48 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $145 million credit facility for Natural Gas Compression Systems Inc. Based in Traverse City... Read Story
April 22, 2022, 07:50 AM


CIT, a division of First Citizens Bank, announced that its Capital Equipment Finance business has named Eric Smith as a business development officer serving the West region. Smith, who is based in Greater Seattle, will be responsible for developing... Read Story
April 15, 2022, 07:38 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh, Pennsylvania. The industrial distribution... Read Story
April 14, 2022, 07:34 AM


CIT, a division of First Citizens Bank, has appointed Geoff Black to the position of managing director and group head for the Lender Finance business in its Business Capital division. Black, who was also promoted to senior vice president, will be... Read Story
April 12, 2022, 08:00 AM


CIT, a division of First Citizens Bank, announced that its Commercial Services business is promoting and hiring new business development leaders to support clients and drive growth in factoring finance in the Northeast and West. In the Northeast... Read Story
April 07, 2022, 07:53 AM


CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business served as lead arranger on financing for Kenneth Cole Productions Inc., a renowned men's and women's fashion brand. Headquartered in New York City and founded in... Read Story
April 06, 2022, 08:00 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The Heights at Haverhill, located... Read Story
April 01, 2022, 07:44 AM


CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.The financing consists of a $30 million revolving credit facility... Read Story
March 30, 2022, 07:58 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group. The portfolio consists of three... Read Story
March 29, 2022, 07:35 AM


CIT, a division of First Citizens Bank, is launching a new lending and leasing vertical focused on financing fleet golf cars, turf (grounds care) equipment, utility vehicles and similar equipment.Golf & Turf is part of CIT’s Business Capital group... Read Story
March 25, 2022, 08:00 AM


CIT, a division of First Citizens Bank, announced its Middle Market Banking business provided $30 million toward construction and enhancement of school facilities in Wahoo, Nebraska.The borrower, Saunders County Education Agency, will use the loan to... Read Story
March 23, 2022, 07:26 AM


CIT, a division of First Citizens Bank, announced a reorganization of its Commercial Services factoring business to position it for accelerated growth by providing even better service for clients and prospects.CIT Commercial Services is one of the... Read Story
March 08, 2022, 08:00 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business served as sole lead arranger on a $39.6 million loan to an affiliate of Clarion Partners to finance the acquisition and development of Southside Logistics Center... Read Story
March 04, 2022, 07:40 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona.Oceana Apartments, which was acquired by 29th Street Capital... Read Story
February 25, 2022, 07:39 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, a division of First Citizens Bank, announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.The borrower, Arches Solar LLC, a subsidiary of CleanCapital... Read Story
February 18, 2022, 07:42 AM