Eastern Union arranges $35 million in financing for commercial properties in NJ

Commercial mortgage brokerage firm Eastern Union Funding has arranged $35 million in financing for commercial real estate properties including the following: * $18.6 million for the purchase of 10-building multifamily portfolio, comprised of 306 total units on a 3+3+3 year term, at 3.25%, and a 30-year amortization. Ira Zlotowitz and Michael Muller of Eastern Union arranged the transaction. * $11.5 million for the refinance of a 152-bed nursing home in Carneys Point on a 5 year term, at 4.75% and a 30-year amortization. Shaya Ackerman of Eastern Union arranged the transaction. * $4.9 million for the refinance of a 44-unit mixed-use property on a 7-year term, at 3.625% and a 30-year amortization. Eli Breiner of Eastern Union arranged the transaction.

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