Eastern Union  - NY
app
Real Estate Directory
Calculator
Portal

Eastern Union arranges financing for acquisition of a $6.7 million project in Falls Church

Monday, January 11, 2016

Marc Tropp negotiates $4.25 million loan for project consisting of five ground-level retail condos and nine second-story office condos

Eastern Union Funding, a brokerage based in Brooklyn, N.Y., arranged financing for the $6.75 million acquisition of a newly constructed two-story office and retail center in Falls Church.

The property at 7121 Leesburg Pike consists of five ground-level retail condos and nine second-story office condos.

Eastern Union Funding’s Marc Tropp, a senior managing director based in the firm’s Bethesda, Md. ,office, negotiated a $4.25 million, seven-year deal fixed at 4.3% with six months interest. Tropp brokered the loan with Burke & Herbert Bank on behalf of 7121 Metrowest LLC.

“We were able to broker an excellent deal by partnering with a regional lender and working in a timely fashion. That we could lock in such a competitive rate - literally within hours of the federal rate hike - made the final product that much more exciting for all parties involved,” Tropp said in a statement.

Sign Up for Updates      
NY Headquarters
3839 Flatlands Ave #211
Brooklyn,  NY  11234 
t. 718-567-8400 
f. 718-338-8488 
info@easternuc.com
NJ Headquarters
481 Oak Glen Road
Howell,  NJ  07731
t. 732-301-3900
f. 732-942-5558
info@easternuc.com
Maryland Headquarters
7910 Woodmont Ave, Suite 870
Bethesda,  MD  20814
t. 202-617-3133
info@easternuc.com
Upstate NY
3 College Road, Suite 203
Monsey,  NY  10952
t. 845-322-7000
info@easternuc.com
NYC Headquarters
1460 Broadway
New York, NY 10036
t. 718-567-4914
info@easternuc.com
Baltimore, MD
5906 Park Heights Ave.
Baltimore, MD 21215
Williamsburg, NY
481 Wythe Ave.
Brooklyn, NY 11249
Long Island, NY
181 South Franklin Ave.
Valley Stream, NY 11581
t. (516) 430-5501
Copyright Eastern Union - NY 2017 | Sitemap
server