Retail Owner Refinances for $19.75 million, Eastern Union Says
Tuesday, July 25, 2017
Eastern Union Funding has arranged a nearly $20 million loan for a client to refinance a 106,000-square-foot shopping center in Jackson, the firm said Tuesday.
Representing locally based Cardinale Enterprises, Eastern Union brokered the financing for Jackson Crossing at 21 South Hope Chapel Road at the corner of East Veterans Highway. Eastern Union Managing Director Jeffrey Seidenfeld handled the assignment, arranging the $19.75 million loan through a New York-based private lender.
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 www.easternuf.com.
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