Eastern Union promotes three to commercial mortgage management roles
NEW YORK, September 1, 2021 / PRNewswire / – Eastern Union, one of the nation’s largest commercial real estate finance companies, has promoted three of its staff to assume leadership roles in the management of commercial mortgages.
Mordy reisman was appointed Chief Loan Analyst and Christophe Owen has been appointed Senior Loan Analyst in Eastern Union’s Mortgage Applications and Setup division. Besides,
Debbi waxenfeld has been appointed to the position of Principal Underwriter.
“Eastern Union’s transaction pipeline is valued at billions of dollars per year,” said Ira Zlotowitz, founder and president of Eastern Union. “Mordy reisman, Christophe Owen and Debbi waxenfeld have the skills and experience to ensure that this substantial transaction flow progresses efficiently and to the greatest benefit of our clients. “
In their leadership roles within the company’s loan analysis and configuration division, Mordy reisman and Christophe Owen oversee the compilation and formatting of client financial information provided by originators and brokers. They will manage the conversion of this information into the company’s standard mortgage application template. The formatted data and information will then be reviewed by underwriters and potential lenders.
Mr. Reisman, who lives in Brooklyn, has extensive experience as a property manager and as a financial underwriter of commercial real estate properties. Prior to joining Eastern Union, he was a regional property manager and cost analyst for YMY Acquisitions, a Brooklyn-based real estate company.
Mr. Owen, who is based at Orlando, Florida, has extensive experience in the banking sector. Previously, he served as a member services representative of the Fairwinds Credit Union in the Greater Orlando. He holds a bachelor’s degree in economics from the University of Central Florida.
In its capacity as principal subscriber, Debbi waxenfeld will play a central role in verifying the quality of assets seeking funding through Eastern Union. It will ensure that lenders provide loans to credible borrowers with the means to repay the proposed mortgage. Ms Waxenfeld, who is based in Syracuse and lives in Wampsville, will help verify that assets are capable of generating anticipated income, help convey financial information to lenders, and work with Eastern Union brokers once loans are in place.
Ms. Waxenfeld most recently held the position of Pension Account Manager at Equitable in Syracuse. She holds a bachelor’s degree in administration and business management from Columbia College and an associate’s degree in the same disciplines of the Utique Business School.
About the Eastern Union
Founded in 2001, Eastern Union is one of the nation’s leading commercial mortgage brokerage firms. It employs more than 125 real estate professionals and closes on average $ 5 billion in transactions every year. Eastern Union leverages its relationships with lenders and market knowledge to ensure the best rates and terms available.
Eastern Union, headquartered in new York, concludes transactions of all sizes through United States. It secures the financing of all types of assets. Transactions – which can include multi-state and multi-site portfolios – encompass both conventional and structured financing. In 2020, Eastern Union’s multi-family group reset market prices by offering a quarter point fee for refinancing properties backed by Fannie Mae or Freddie Mac. The introductions of capital are managed by the subsidiary of Eastern Union, Eastern Equity Advisors.
Eastern Union’s free eCALC app instantly helps investors evaluate and enter into deals.
For more information, visit http://www.easternunion.com.
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SOURCE Eastern Union