Commercial real estate listings span 18 different property types in 32 states
NEW YORK, January 4, 2022 / PRNewswire / – Eastern Union, one of the largest commercial real estate finance firms in the country, closed deals in 32 states in 2021.
The deals, which represent 18 different property types, were distributed in 240 cities The United States. Transactions have been completed with 153 different lenders.
Notable transactions include a $ 70.9 million Deal for an apartment building in Atlanta secured by senior managing directors Michael Müller, one $ 58.1 million Loan for a self-storage complex in Virginia Beach, Virginia closed by managing director David Merkin and a $ 42 million Sale of stake in Oxon Hill, MD arranged by the director of investment sales Alex Bensahel.
Two other prominent deals were a $ 28 million Construction loan in Monroe NY secured by the head of the company Abraham Bergmann, Senior Loan Originator Becky Friedler and Vice President Yossi Orzel, such as $ 26 million Transaction in the health sector in Venice, FL arranged by a team led by the healthcare team leader Nachum Soroka.
The year also saw the graduation of a $ 26.9 million Loan for an industrial plant in Lancaster, Ohio arranged by Mr. Bergman and Mr. Orzel, who together also a $ 15 million Loan for an office building in Howell, New Jersey.
Also senior managing director in 2021 Marc Tropp closed on a $ 14.85 million Loan for a retail property in Lawrenceville, Georgia, and Michael Müller arranged $ 10.37 million in financing for a Miami Beach Hotel. Eastern Union also secured $ 54.7 million in the financing of two single-family houses in Baltimore, as well as $ 12.77 million when financing a motorhome parking space in Houston.
“In 2021, Eastern Union successfully put into expansion mode, “said the company’s President and CEO Abraham Bergmann. “We have expanded the scope of our business by closing deals in nearly 20 asset classes in more than 30 states across America. Eastern Union has also deepened our relationships with numerous lenders across the country. “
“Our company has also promoted the professional development of our agents by expanding our training programs and opening new doors for their personal development,” he said. “By employing a well-trained and well-rounded team of brokers, we build successful careers and at the same time build the long-term success of Eastern Union. “
About Eastern Union
Founded in 2001, Eastern Union is a leading national commercial mortgage broker. It employs more than 90 real estate professionals and closes on average $ 4 billion annually for transactions. Eastern Union uses its lender relationships and market knowledge to secure the best rates and terms available.
Headquarters in new York, Eastern Union secures the financing of transactions of all sizes throughout The United States. Transactions, which can include multi-state and multi-site portfolios, include conventional commercial mortgages, structured debt, healthcare, hospitality, RV parks, investment sales and, in partnership with corporate company Eastern Equity Advisors, equity placement.
Please visit www.easternunion.com for more information.
Media contact:
Steve Vitoff
Eastern Union
516 652 0785
[email protected]
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SOURCE Eastern Union
