Ira Zlotowitz took the commercial real estate industry by storm at the age of 21. His story starts at Meridian Capital, where he integrated mastery of the cold call into the company’s business model, trained several large teams of callers and was responsible for the launch of new offices nationwide. This campaign, the success of which would repeat itself, expedited unprecedented growth for the company. A year prior to his first at Meridian, the company closed $300 million in loans. Just four years later, in his final year there, they closed over $2 billion.
In 2001, Mr. Zlotowitz formed Eastern Union Funding. Together with Abraham Bergman, he built Eastern from a four-person office in Brooklyn into a national firm, with over 100 real estate professionals. Meanwhile, the company has taken off. In a three year cycle beginning in 2010, Eastern Union achieved 253 percent growth, according to data from Crain’s New York Business Journal. Further, Eastern Union closed $3 billion in 2014. Mr. Zlotowitz and his team at Eastern established their presence and amplified their impact by working actively with a growing network of roughly 85 lenders. Eastern stays ahead of the pack by developing its data resources and employing the talent of brokers who remain in command of the often fast-paced and challenging evolution of the market.
For this, Mr. Zlotowitz and the company he founded have won numerous accolades. The New York Times recently featured Mr. Zlotowitz for Eastern Union’s successful navigation of the industry. That story was inspired by the unmatched growth of Eastern Union and Mr. Zlotowitz’s results-driven, tenacious and sometimes contagious attitude to the business of which he is a scholar. His story has proved interesting to others as well. In 2005, the then-29-year-old real estate professional, Mr. Zlotowitz, earned coveted placement on Crain’s New York Business’s “Forty-Under-40” annual feature. More recently, Eastern Union was listed by Inc. Magazine as the number one fastest growing real estate company in the United States. Crain’s, meanwhile, revisited Mr. Zlotowitz’s activity when Eastern Union was listed in the publication’s “2014 Top 50 Fastest Growing Companies in New York City.”
Mr. Zlotowitz has offered numerous real estate courses to the public and remains deeply involved with furthering education. Actively participating in, and contributing to several curriculum-related charities and programs, one of which he founded himself at age 19 and is still massively successful today. Mr. Zlotowitz resides with his family in Lakewood, New Jersey.