Commercial mortgage brokerage Eastern Union Funding announced Monday it has arranged approximately $50 million in financing for a group of New Jersey properties.
A news release from Eastern Union detailed the following transactions:
– An $18 million sale-leaseback of a medical facility in Secaucus.
– An $11 million refinancing of a multifamily property in Willingboro.
– A $3.5 million refinancing of a full cash-out of a multifamily property in New Brunswick.
Each deal was arranged by Shaya Ackerman. The company, which specializes in loans of up to $50 million, has offices in New Jersey, New York and Maryland.