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Eastern Union arranges $68M in financing for N.J. properties

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Commercial mortgage brokerage firm Eastern Union Funding announced Wednesday it has arranged approximately $68 million in financing for commercial real estate properties in New Jersey.

Among the transactions:

– $18.6 million for the purchase of a 10-building multifamily portfolio, comprised of 306 units, in Jersey City.

– $11.5 million to refinance a 152-bed nursing home in Carneys Point.

– $4.9 million to refinance a 44-unit mixed-use property in Jersey City.

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