Eastern Union  - NY
Real Estate Directory

Eastern Union Funding Hires Healthcare Finance Banking Specialist Nachum Soroka

Monday, April 10, 2017

The national sales volume total for the sector came in at $9.3 billion in 2016, according to the latest research from Colliers International. It also posted an all-time record low national vacancy rate at the end of 2016, with annual absorption reaching the highest level since 2008 and rents rising by 8 percent year over year.


Before joining Eastern Union, Mr. Soroka was the chief underwriter for the national healthcare financing group at Banco Popular North America where he created the underwriting, screening and portfolio management templates for the bank’s $500 million loan portfolio. Prior to that, Mr. Soroka was a lead analyst for Maryland-based Congressional Bank, an affiliate of the largest HUD healthcare lender, working on bridge loans and lines of credit in the skilled nursing sector. He has expertise in skilled nursing, assisted living, CCRC and hospital facilities.

In addition to healthcare and medical office transactions, Eastern Union arranges financing for complex, multi-state, multi-site portfolios, also structuring loans for varied property types including multifamily, mixed-use, retail, office, industrial, hotel and self-storage. Supported by its unique QTS Division, which focuses on quotes and term sheets, the firm offers an end-to-end process that guarantees the absolute best terms.

 Via the Eastern Union App, Eastern Union is the first in its industry to develop technology enabling its brokers, clients and lenders to communicate and negotiate loans in real time, while providing a comprehensive toolkit armed with professional mortgage calculators, live rates, basic compliance and comparative sales data, news feeds and an industry-wide commercial real estate directory, among other features. It is available on the Apple App Store and via Google Play for Android.

Click here to read about it in the Senior Housing Business

About Eastern Union Funding Founded in 2001, Eastern Union Funding is one of the nation's strongest and most active commercial mortgage brokerage firms and was named by Crain's New York Business in 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 

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NY Headquarters
3839 Flatlands Ave #211
Brooklyn,  NY  11234 
t. 718-567-8400 
f. 718-338-8488 
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NJ Headquarters
481 Oak Glen Road
Howell,  NJ  07731
t. 732-301-3900
f. 732-942-5558
[email protected]
Maryland Headquarters
7910 Woodmont Ave, Suite 870
Bethesda,  MD  20814
t. 202-617-3133
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Upstate NY
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Williamsburg, NY
481 Wythe Ave.
Brooklyn, NY 11249
Long Island, NY
10 5th Street Suite 302
Valley Stream, NY 11581
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