Eastern Union president Ira Zlotowitz attributes the milestone to the firm’s extensive investments in training and technology and its brokerage team’s high aptitude for securing financing for owners in all property types.
“July’s strong results show that Eastern Union is well-positioned to capitalize on opportunities presented by today’s improving economic conditions,” he said.
Additionally, the New York-based company locked in two deals valued at more than $50 million each. One of the two deals was secured through Eastern Union’s Multi-Family Group, a special brokerage team formed last year, while the second pending deal was closed by Eastern Union’s Healthcare Group.
“Eastern Union’s brokerage team is constantly nurturing its relationships with savings banks, balance sheet lenders, insurance companies, institutional, agency and Wall Street lenders,” Zlotowitz said. “Our clients respect our market knowledge, our deal-making capabilities, and our technological assets. We’ve earned our clients’ confidence.”