CIT Serves as Lead Arranger of $135.6MM Financing for Superior Biologics
CIT’s healthcare finance division served as lead arranger of $135.6 million in financing for Superior Biologics.
CIT’s healthcare finance division served as lead arranger of $135.6 million in financing for Superior Biologics.
CIT’s real estate finance business provided $34 million in financing for a joint venture between i.Park and Great Point Media for the development of Lionsgate Warburton Studios, an entertainment production facility in Yonkers, NY.
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.
CIT’s power and energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas.
The healthcare finance business of CIT, a division of First Citizens Bank, 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 affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties.
The sponsor finance business of CIT, a division of First Citizens Bank, arranged debt financing to support SK Capital Partners’ investment in VanDeMark Chemical in partnership with existing co-owner Comvest Partners.
CIT’s healthcare finance business provided $50.8 million to Seavest Healthcare Properties for the refinancing of Providence Family Wellness Center and Medical Office building.
The asset-based lending business of CIT, a division of First Citizens Bank, provided $10 million in financing to Blue Sky Specialty Pharmacy.
CIT and its healthcare finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million.
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.