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New York & Tri-State  + Outer  + Finance  | 
Abraham Bergman became president and CEO of Eastern Union in November 2021

Eastern Union Begins 2022 with Uptick in Volume, Deal Size  

Eastern Union, one of the country’s largest commercial real estate mortgage brokerages, has witnessed substantial growth in both transaction volume and average deal size in the three months since Abraham Bergman assumed the positions of president and CEO in November 2021. 

The company closed out January with 140 new deals under application, the sixth-best month Eastern Union has tallied for transaction volume since its founding in 2001. Transaction size has also grown significantly. Average deal size over this period has increased by an average of 20% over the first ten months of 2021.   

Loan types and lending sources have also varied greatly since November. Lender categories have included banks, bridge lenders, agencies, debt funds, HUD and other sources. 

“Over two decades, Eastern Union has built a national reputation for financial expertise and client service,” said Bergman. “It’s been my privilege to assume leadership of such an exceptional organization. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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