Eastern Union Commercial

$4 million hard money loan for a vacant lot in New York, NY

vladimirk — Thu, 04 Aug 2011 22:57:56 +0000

Shaya Ackerman was able to close this loan in just 4 DAYS! The client acquired the property at a discounted price due to the speed of the financing.

$40.7MM Refinance Loan of a Multifamily Property in Newark, NJ

admin — Thu, 02 Jun 2011 23:21:22 +0000

Jeff Seidenfeld of the NJ office closed a $40,700,000 loan for the refinance of a 650 unit multifamily, C class property in Newark, NJ.

Eastern secured a rate of 5.81%, 10 year term, 30 year amortization, non recourse.

$14.135MM Refinance Loan of a Mixed Use Property in New York, NY

admin — Mon, 23 May 2011 22:48:23 +0000

David Metzger and Nate Hyman of the NJ office closed a $14,135,000 loan for the refinance of a mixed use property consisting of 82 residential units and 4,169 SF commercial space.

Eastern secured a rate 5.125%, 10 year term, 30 year amortization, non recourse.

$11.9MM Refinance Loan of a Condo Building in Baltimore, MD

admin — Mon, 23 May 2011 22:44:50 +0000

Marc Tropp and Eric Hynek of the Washington, DC office closed an $11,900,000 loan for the refinance of a condo development in Baltimore, MD.

Eastern secured a rate of 5.25%, 10 year term, 25 year amortization, non recourse.

$7.25MM Refinance Loan of a Single Tenant Property in Brooklyn, NY

admin — Mon, 23 May 2011 22:42:58 +0000

Jeff Seidenfeld of the NJ office closed a $7,250,000 loan for the refinance of a 37,000 SF, not for profit, single tenant property in Brooklyn, NY.

Eastern secured a rate of 5.75%, 5 year term, 30 year amortization, non recourse.

$6MM Refinance Loan for a Multifamily Property in Brooklyn, NY

admin — Mon, 23 May 2011 18:03:45 +0000

Shaya Ackerman of the NJ office closed a $6,000,000 for the refinance of a 30 unit multifamily property in Brooklyn, NY.

Eastern secured a rate of 4.875%, 5 year term, 25 year amortization.