Skip to main content
  • One of Eastern Union's most prominent transactions in 2022 was an $83.33-million bridge loan in support of the acquisition of the 440-unit Halsten at Vinings Mountain in Atlanta. The broker was senior managing director Michel Muller.

  • 2022 marked Abe Bergman's first full year as president and CEO of Eastern Union. During that year, the company placed and closed loans with more lenders than in any year in the company's 21-year history

Eastern Union Attracts Record Number of Lenders In 2022

NEW YORK, Jan. 4, 2023 /PRNewswire/ -- In 2022, Eastern Union -- one of America's largest commercial real estate brokerages -- placed and closed loans with more lenders than in any year in the company's 21-year history.

During its first full year of leadership under president and CEO Abe Bergman, the firm placed and closed loans with 180 individual lending institutions in 2022, representing its largest lender roster ever. The ranks of Eastern Union lenders last year grew by 31 percent over 2021.

"This new record is a testament to Eastern Union's never-ending drive to find the right lender for any asset category," said Mr. Bergman. "Eastern Union brokers are skilled at adapting their approach to make sure our clients achieve their business goals."

In addition, the average size of new loans put under application in 2022 increased by 24 percent over 2021.  

And the size of the average loan put into process in 2022 increased by four percent over the 2021 average.  

"We attribute Eastern Union's superior performance in 2022 to our commitment to client service," said Moshe Maybloom, managing director at Eastern Union. "Leveraging our deep understanding of the lending marketplace, our nationwide brokerage team works relentlessly to secure the best rates and terms for our clients."

Among the year's standout transactions, senior managing director Michael Muller arranged an $83.33-million bridge loan in support of the acquisition of The Halsten at Vinings Mountain, a 440-unit multifamily property in Atlanta.

In addition, senior managing director Marc Tropp helped America's Realty secure $73 million in financing to acquire one million square feet of retail space over a six-month period.

Ben Schwartz, a senior loan originator, closed a succession of 23 commercial mortgages valued at more than $100 million overall in a total of five states within a five-week period.  

And with two years on the job, 21-year-old Joseph Sasson -- a commercial real estate loan originator -- arranged for the $38.37-million refinancing of the Roseberry Apartments, a 285-unit multifamily property in Columbia, SC.

The company also witnessed steady deal flow in 2022 from its Healthcare Group under the leadership of Nachum Soroka and Jacob Schonland. Eastern Union also launched a new Hospitality Division led by Charles Hoffman and established an Investment Sales office in New York City under Ben Weiss, who came to the company after an 18-year tenure with The Besen Group, a New York City-based investment sales firm.

About Eastern Union

Founded in 2001, Eastern Union is a national commercial real estate firm that provides both financing services and capital markets advisory services. It employs more than 90 real estate professionals and closes billions of dollars' worth of transactions annually. Eastern Union leverages its relationships with lenders and its marketplace knowledge to secure the best available rates and terms.

Headquartered in New York, Eastern Union secures financing for transactions of all sizes across the United States. Transactions, which can include multi-state and multi-site portfolios, encompass conventional commercial mortgages, structured debt, healthcare, hospitality, mobile home parks, single-family rentals, investment sales, and -- handled in conjunction with company affiliate Eastern Equity Advisors -- equity placement.

For more information, visit www.easternunion.com.     

 

TOP Pageant News Now

UmaSofia Srivastava is CROWNED Miss Teen USA 2023 by Faron Medhi

TOP 5 and TOP 20 Revealed On-stage: Now Happening Miss Teen USA 2023 at CW App and Website: Check Full Results

2024 Miss America's Teen Lottery Completes: Check Competition Order of The Candidates

National Costume Show, Rehearsal and Preliminary Today: Miss Teen USA 2023 @ Reno

People’s Choice Goes LIVE, It’s Time to Vote Your Favorite Miss USA 2023 Contestant

Global People's Choice Online Voting Now LIVE: Miss Teen USA Vote Deadline is Sep 27th till 11:59pm

Check: The Dates for Miss USA 2023 and are Out | Check The LIST of 51 Miss USA 2023 Contestants | Here are 51 Contestants Vying Miss Teen USA 2023, Final Date is Sep 28th | No Age Limit Era Commences at Miss Universe 2024 Onwards: ABOLISHED Upper Age Limit

Miss USA, here I come, says Mizzou Journalism Alumna, Autumn Black

Miss Missouri Teen USA Departs to Reno

Day 1: 2023 Miss USA & Miss Teen USA Kicks-off with Arrival of 102 Delegates in Reno Tahoe

Marielia Zaloumi is CROWNED Miss Universe Greece 2023

This Year 18 Contestants Vying Miss Universe Greece 2023 at Star GS Hellas on Sep 28th

Maya Aboul Hosn is announced as Miss Universe Lebanon 2023

TOP 50 Miss Russia 2023 Contestants Announced Out of 85,000 Applicants, Final Oct 8th

Streaming Now: Presentation of 25 Contestants at Miss Venezuela 2023 for Miss Universe 2024 and Miss International 2024

The Miss Philippines 2024 Boasts To Reinvent Pageant System, Holds Selection at Enderun Coworking Estancia

Miss América Latina Returns to Occidental Caribe for 2023 Edition on October 5th to 13th

2023 Miss World South Africa Top 54 Finalists LIST Announced

Miss Teen Colombia 2023-24 Pageant on Oct 3rd-6th in Bogota with 14 Contestants

The 72ND Miss Universe 2023-24 | The 71ST Miss World 2023 | The 23rd MISS EARTH 2023 | The 96TH Miss America 2024 | The 18TH Miss America's Teen 2024 | The 41ST Miss Teen USA 2023 | The 72ND Miss USA 2023

Pageants List Event Detail, Tickets, People's Choice Vote Online and LIVE Streams-> | July 2023 | August 2023 |