HOWELL, NJ—Eastern Union Funding has arranged approximately $35 million in financing for several properties and property types throughout New Jersey.
These transactions include:
- $18.6 million for the acquisition of a 10-building multifamily portfolio, comprised of 306 total units, in Jersey City, N.J. Ira Zlotowitz and Michael Muller of Eastern Union arranged the transaction.
- $11.5 million for the refinance of a 152-bed nursing home in Carneys Point, N.J. on a five-year term. The deal, arranged by Shaya Ackerman, closed in only 30 days.
- $4.9 million for the refinance of a 44-unit mixed-use property in Jersey City, N.J. Eli Breiner of Eastern Union arranged the transaction.