Eastern Union Arranges $25 Million In Pennsylvania Financing

Commercial mortgage brokerage firm Eastern Union Funding announced that it has arranged approximately $25 million in financing for commercial real estate properties in Pennsylvania.

Select transactions include:

$14.2 million for the refinance a 324-unit multi-family property in Harrisburg, PA, on a 5 year term, at 3.875 percent, and a 30 year amortization. Shaya Ackerman of Eastern Union arranged the transaction.

$4.6 million for the refinance a 143-unit mixed-use property in Wilkes-Barre, PA, on a 10 year term, at 3.875 percent, and a 30 year amortization. Michael Muller of Eastern Union arranged the transaction.

$4.5 million for the refinance a 114-unit multi-family property in Harrisburg, PA, on a 5 year term, at 3.38 percent, and a 30 year amortization. Shaya Ackerman of Eastern Union arranged the transaction.

About Eastern Union Funding
Eastern Union Funding is the country’s second largest privately owned mortgage company, on a transaction volume basis, serving the national commercial real estate sector. Specializing in loans up to $50 million and with total annual transaction volume exceeding $1 billion, Eastern Union works closely with a wide spectrum of lenders to finance transactions for multifamily, office, retail, hotel, healthcare, industrial, construction, co-op and self-storage properties. The company has offices in New York, New Jersey, and Maryland.

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