Eastern Union Funding Arranges $6,095,000 For Acquisition Of Portfolio In Bronx, NYCommercial Real Estate Brokers & AgentsUpdated on Jul 21, 2014 View more like this | Visit BRONX, NY | Contact Eastern Union Funding |
Eastern Union Funding, LLC, one of the country’s largest national commercial mortgage brokerage companies, negotiated $6,095,000 for the purchase of two multifamilies in the Bronx.
The non-recourse five year loans were provided by a regional balance sheet lender, and both feature a rate of 3.1 percent. The transactions were negotiated by Senior Managing Director Michael Muller and Kenny Goldstein, senior managing director, based out of the firm’s Brooklyn headquarters.
The multifamily buildings, 93 units in total, are located on Jesup Place and Jesup Avenue.
About Eastern Union Funding: Founded in 2001, Eastern Union Funding is a leading national commercial mortgage brokerage firm, employing over 100 real estate professionals who, using their extensive knowledge of the market, share lender and market data and utilize state-of-the-art proprietary technology to capitalize on deep relationships with more than 85 local and national lenders. Eastern Union’s real estate professionals bring clients the very best rates and terms the market has to offer, acting as trusted advisors who operate on the simple premise that client needs come first. Eastern Union’s arsenal of lending sources enables the company to arrange financing for complex, multi-state, multi-site portfolios, as well as loans for smaller, single-property transactions. The company consistently places an average of a quarter of a billion in new loans every month. Eastern Union, which operates nationwide, is headquartered in New York, with offices in New Jersey and Maryland. For more information, please visit: http://www.easternuc.com/.
The non-recourse five year loans were provided by a regional balance sheet lender, and both feature a rate of 3.1 percent. The transactions were negotiated by Senior Managing Director Michael Muller and Kenny Goldstein, senior managing director, based out of the firm’s Brooklyn headquarters.
The multifamily buildings, 93 units in total, are located on Jesup Place and Jesup Avenue.
About Eastern Union Funding: Founded in 2001, Eastern Union Funding is a leading national commercial mortgage brokerage firm, employing over 100 real estate professionals who, using their extensive knowledge of the market, share lender and market data and utilize state-of-the-art proprietary technology to capitalize on deep relationships with more than 85 local and national lenders. Eastern Union’s real estate professionals bring clients the very best rates and terms the market has to offer, acting as trusted advisors who operate on the simple premise that client needs come first. Eastern Union’s arsenal of lending sources enables the company to arrange financing for complex, multi-state, multi-site portfolios, as well as loans for smaller, single-property transactions. The company consistently places an average of a quarter of a billion in new loans every month. Eastern Union, which operates nationwide, is headquartered in New York, with offices in New Jersey and Maryland. For more information, please visit: http://www.easternuc.com/.
