New York Real Estate Journal

Breiner of Eastern Union handles $6.9 million in financing for multifamily property

April 22, 2013 - Brokerage
Eastern Union Funding has arranged $14 million in financing for the following transactions: * $6.9 million to refinance a multifamily property South of the city, on a 10-year term, at 3.88%, and 30-year amortization, with one year IO. Eli Breiner of Eastern Union arranged the transaction. * $4.5 million to refinance a 220,000 s/f industrial flex property in Bethlehem on a 5-year term, at 5%, and 25-year amortization. Breiner arranged the transaction. * $2 million to refinance a 66 unit multifamily property on 52nd St., on a 10-year term, at 3.99%, and 30-year amortization. David Metzger of Eastern Union arranged the transaction.