Eastern Union Funding Arranges $68M Loan for DC Apartments
Wednesday, May 10, 2017
Eastern Union Funding has arranged a $68 million loan to refinance a large apartment community in the Washington DC metro region. The deal is unique as it taps into Fannie Mae’s Green Financing program to fund energy- and water-saving improvements at the property.
About Eastern Union FundingFounded in 2001, Eastern Union Funding is one of the nation's strongest and most active commercial mortgage brokerage firms and was named byCrain's New York Businessin 2014 and 2015 as one of the top 50 fastest growing companies in NYC. Its award-winning team closes over $3 billion in deals annually, specializing in sophisticated debt and equity solutions for small and mid-sized loans across all property types. Celebrating its 15th year in business, the firm launched its groundbreaking Eastern Union commercial real estate app that serves as a digital toolbox for investors to identify and close deals quickly. It is available in the Apple App Store and via Google Play for Android. Eastern Union is co-headquartered in New York and Howell, New Jersey, with offices in Maryland and Israel. For more information, visit www.easternuc.com.
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