CIT: Regulatory Climate Strains Mid-Market Commercial RE Execs

Mid-market commercial real estate executives express cautious optimism toward the market, although current tax and regulatory climate is placing a strain on the performance of their companies, according to a CIT survey.

December 13, 2013 CIT | Forbes Insights ABF Journal

CIT: Mid-Market Housewares Execs Predict Stronger Sales in ’14

Despite ongoing challenges facing the retail sector and the economy, more than 70% of middle-market housewares executives are forecasting stronger sales performance in 2014, according to a recent survey by CIT

December 6, 2013 CIT ABF Journal

CIT: Mid-Market Retail Execs Show Mixed Sentiment

A new retail outlook survey from CIT finds that while 45% of middle-market retail executives believe an economic recovery is underway, 55% don’t expect a recovery to materialize until later.

November 22, 2013 CIT ABF Journal

BofA Leads Camping World $525MM Floor Plan Facility

Camping World announced today it secured a $525 million multi-year floor plan credit facility. Bank of America, which serves as administrative agent, led the transaction.

November 5, 2013 Ally Bank | Bank of America | Bank of the West | Camping World | CIT | JP Morgan | Key Bank | M & T Bank | SunTrust | US Bank ABF Journal

CIT Arranges Cole Real Estate Investments Financing

CIT said it provided $15.5 million in financing to Cole Real Estate Investments to support the purchase of 21 properties with Wendy’s restaurants in three domestic markets.

October 29, 2013 CIT | Cole Real Estate Investments ABF Journal

CIT: Mid-Market Execs Remain Optimistic Despite Concerns

Mid-market execs are expressing renewed optimism in their business prospects compared to a year ago, despite concerns regarding potential tax increases and government regulations, according to a study released by CIT.

October 9, 2013 CIT | middle-market executives ABF Journal

CIT Arranges $36MM Financing to Wind Farm

CIT said it arranged a $36 million senior secured credit facility to Punta Lima, owner of the Punta Lima Wind Farm in Puerto Rico.

September 26, 2013 CIT | Punta Lima ABF Journal

CIT: Mid-Market Execs Face Unforeseen Hurdles With the Cloud

Although middle-market executives report moving ahead with transitions to cloud-based systems, many organizations face unexpected hurdles that prevent the cloud from fully delivering on its promises, according to a new study released by CIT.

September 19, 2013 CIT | cloud | middle-market executives ABF Journal

CIT Arranges $100MM Renewable Energy Land Lease Financing

CIT said it arranged a $100 million senior secured credit facility for AWCC Holdings to acquire a portfolio of land leases and lease royalties from solar projects from Hawaii to New York.

September 18, 2013 American Wind Capital | AWCC Holdings | CIT ABF Journal

CIT Appoints Kaufman Treasurer

CIT said it has appointed Israel “Izzy” Kaufman as executive vice president, treasurer effective immediately. He will report directly to chief financial officer Scott T. Parker.

September 17, 2013 CIT | Israel Kaufman ABF Journal