CIT Arranges $95MM in Financing to Support Relaunch of Castle Rock Entertainment

CIT’s technology, media and telecommunications business served as sole lead arranger and administrative agent on up to $95 million in financing toward the relaunch of Hollywood film production company Castle Rock Entertainment.

October 22, 2021 Castle Rock Entertainment | CIT | Rob Reiner | Thomas Westdyk Ian Koplin

CIT Arranges $26.5MM Maritime Financing for Queen Esther Shipping

CIT’s maritime finance business served as sole lead arranger on $26.5 million in senior secured financing on behalf of Queen Esther Shipping Limited. The loan is secured by the Queen Esther, a modern container ship operated by a joint venture led by Lomar Corporation Limited.

October 15, 2021 CIT | Evan Cohen | Lomar Corporation Limited | Queen Esther Shipping Limited Ian Koplin

CIT Arranges $41.6MM in Financing for California Apartment Complex

CIT’s real estate finance business served as sole lead arranger on a $41.6 million loan for the acquisition and renovation of The Devonshire Apartments in Hemet, CA.

September 20, 2021 Chris Niederpruem | CIT | Kairos Investment Management Company | Peter Kurzeka | Tailwind Investment Group | TIG Devonshire Ian Koplin

CIT Arranges $43MM in Financing for Portfolio of Medical Office Buildings

CIT’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.

September 2, 2021 Christopher J. Cumella | CIT | Cypress West Partners | William Douglass Phil Neuffer

CIT Arranges $70MM Secured Credit Facility for MPC Container Ships

CIT’s maritime finance business served as sole lead arranger on a $70 million senior secured credit facility for MPC Container Ships, a provider in the feeder container ship market segment.

August 11, 2021 CIT | Constantin Baack | Evan Cohen | MPC Container Ships Ian Koplin

CIT Arranges $100MM in Financing for Cornerstone Healthcare Group

CIT’s healthcare finance business served as lead arranger on $100 million in financing for Cornerstone Healthcare Group and its long-term acute care hospital division.

July 29, 2021 CIT | Cornerstone Healthcare Group | Steve Jakubcanin | William Douglass Ian Koplin

ING Provides $225MM Star Mountain Capital Asset-Based Leverage Facility

Star Mountain Capital closed a $225 million asset-based leverage facility led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers Bank.

July 23, 2021 Axos Bank | CIT | Customers Bank | East West Bank | Georgia Banking Company | ING Capital | Star Mountain Capital | TIAA Bank Rita Garwood

CIT Arranges $68.4MM in Financing for Crane Solar in Texas

CIT’s power and energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane County, TX, and an adjacent 25-megawatt battery development.

July 14, 2021 CIT | Consolidated Edison Development | Crane Solar | Mike Lorusso | Starwood Energy Group Global | Vistra Corporation Ian Koplin

CIT Provides $42MM in Financing for Dry Bulk Fleet

CIT’s maritime finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a dry bulk shipping operator, will use the loan to refinance existing debt on its fleet of seven Handymax vessels.

June 28, 2021 CIT | Dynamic Bulk Holdings | Evan Cohen | Tassos Psaropoulos Ian Koplin

CIT Provides $20MM Credit Facility to GEE Group

CIT’s asset-based lending business served as agent and sole lender on a $20 million loan and revolving credit facility for GEE Group, a provider of professional staffing services and human resources solutions.

June 9, 2021 Chris Esposito | CIT | Derek Dewan | GEE Group Ian Koplin