Eastern Union Funding Arranges Nearly $20M in Financing for Properties in NYC

NEW YORK—Eastern Union Funding has arranged more than $19 million in financing for commercial real estate properties throughout New York City.

These transactions include:

• $8.5 million to refinance a 12,300-sq.-ft. commercial property in Manhattan, on a 10-year term. Eastern Union’s Motti Blau arranged the transaction.
• $6.5 million to refinance a 98-unit multifamily property in Brooklyn’s Prospect Park neighborhood on a 10-year term. David Eisen arranged the transaction.
• $4.6 million for the refinance of a 10,300-sq.-ft., two-unit retail property in Brooklyn’s Gravesend neighborhood on a seven-year term. Jack Beida of Eastern Union arranged the transaction.