“Eighty per cent (80%) of real estate owners and developers either always or sometimes go directly to banks for loans. I would rather play in the 80% arena than the 20% arena,” Zlotowitz told New Jersey online publication The Lakewood Scoop. “Gparency is a tremendous opportunity and is truly a different way of going about obtaining a commercial mortgage.”
In addition to Berman’s appointment, Eastern Union has also added Marc Tropp and Michael Muller to the company’s board as senior managing directors. Eastern Union, which has hit record mortgage origination levels over recent months, said it will continue to recruit new hires to help accommodate its growing deal volume.
Read more: Eastern Union sets new record in July
“Eastern Union has established itself as one of the industry’s most respected commercial mortgage brokerage firms,” Bergman said. “Our national client base is steadily expanding, and so are our relationships with lenders across America. Powered by these competitive assets, I am committed to ensuring the company’s continued growth.”