Eastern Union places $25 million in financing for Pennsylvania properties
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 in Harrisburg, on a five-year term, at 3.38%, and a 30-year amortization. Ackerman arranged the transaction.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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