Eastern Union Funding, one of the nation’s leading commercial real estate mortgage companies, announced today its newest feature of the Eastern Union app (IOS and Android), called ‘Dashboard’. From origination to closing, Eastern Union is committed to revolutionizing the real estate mortgage business. As the company continues to provide exceptional equity and debt services, the tech forward mortgage firm will use Dashboard as a digital portal to promote and pair thousands of property listings.
Dashboard connects sales brokers with investors to provide buyers with customized real estate offerings. The cloud based matchmaking system is powered by deals inputted by Eastern Union’s national Affiliate Broker Division, consisting of more than 6,000 sales brokers, compounding by 120 brokers per day. Based on a unique set of buying criteria per investor, Dashboard pairs each real estate opportunity with individual investors. The app notifies investors when properties match their respective criteria with basic offering details, coupled with the respective broker’s contact information.
Ira Zlotowitz, president of Eastern Union, said “The best way for Eastern Union to add value, as we revolutionize the industry, is to provide our clients with buying opportunities and provide our brokers with a reliable and diverse pool of active investors. Dashboard has changed the playing field, creating new synergies and a higher percentage of closing deals.”
The Eastern Union app is free, has topped 10,000 downloads, currently houses over 2,200 real estate opportunities and is growing by 200 listings per day.
Eastern Union has offices in New York, New Jersey, Baltimore and Florida. The tech forward mortgage firm closed $4 billion of loans in 2017 and forecasts to close more than $8 billion of commercial real estate loans in 2018.
ABOUT EASTERN UNION FUNDING:Eastern Union Funding (Eastern Union) is among the most active commercial real estate mortgage brokerage firms in the U.S., closing an average of $3.5 billion in transaction volume annually. Serving as trusted advisors to real estate owners and working with over 1,100 capital sources, Eastern Union and its affiliates deliver a full range of financing products covering the entire capital stack: including traditional mortgages, bridge and structured lending, and equity capital, for all major property types including multifamily, office, retail, mixed-use, healthcare and industrial. For more information about Eastern Union Funding, please visit easternuc.com.