Exec attributes achievements to the firm’s “commitment to client service”
Commercial real estate brokerage Eastern Union hit new milestones in 2022, placing and closing loans with more lenders than any year in the company’s 21-year history.
In what CEO Abe Bergman described as the company’s “largest lender roster ever,” Eastern Union increased the number of its lender partners by 31% to 180 individual lending institutions in 2022. It also grew the average size of new loan applications by 24% and loan originations by 4% over the year.
Bergman said the broker’s achievements are a “testament to Eastern Union’s never-ending drive to find the right lender for any asset category. Eastern Union brokers are skilled at adapting their approach to make sure our clients achieve their business goals.”
“We attribute Eastern Union’s superior performance in 2022 to our commitment to client service,” added Moshe Maybloom, managing director at Eastern Union. “Leveraging our deep understanding of the lending marketplace, our nationwide brokerage team works relentlessly to secure the best rates and terms for our clients.”
Among its milestones, Eastern Union experienced steady deal flow from its healthcare group. The firm also launched a new hospitality division and an investment sales office in New York City.
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