Eastern Union Originates 400 New Deals Between Labor Day and Yom Kippur
Monday, October 2, 2017
Despite the typical slowdown that most mortgage brokerages experience during the late summer, Eastern Union managed to end the summer stronger this year, ending with best September ever. Moving into the period between Labor Day and Yom Kippur alone, the firm originated 400 new deals and is on track to reach a record $4 billion this year. Originations raged across the board consisting many property types including multifamily, healthcare, office, retail and mixed use through Eastern Union’s debt, Equity and Healthcare divisions.
Exciting new ventures at Eastern Union that contributed to their success include increased cooperation among divisions including their QTS Banking Division, expanded equity department and a new Broker Affiliate Division designed to service sales brokers nationwide by allowing them to utilize the company's free back-office resources. The services available to commercial real estate sales brokerages include deal setups for brokers’ listings and real time financing market intel for debt and equity.
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