Eastern Union secures $25 million for commercial real estate in Pennsylvania
Commercial mortgage brokerage firm Eastern Union Funding has arranged $25 million in financing for commercial real estate properties in Pennsylvania. Select transactions include:
* $14.2 million for the refinance a 324-unit multifamily property in Harrisburg on a five-year term, at 3.875%, 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 on a 10-year term, at 3.875%, and a 30-year amortization. Michael Muller of Eastern Union arranged the transaction.
* $4.5 million for the refinance a 114-unit multifamily property on a five-year term, at 3.38%, and a 30-year amortization. Ackerman arranged the transaction.
Brooklyn, NY Investment Property Realty Group (IPRG), a New York-based commercial investment firm, has closed the sale of 1094 Hancock St., a mixed-use building in the Bushwick section, for $1.75 million.
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