NEW YORK CITY – Commercial real estate finance firm, Eastern Union has hired 75 new brokers in order to accommodate increasing demand upon launching its new quarter-point fee for refinancing multifamily properties backed by Fannie Mae or Freddie Mac.

The new pricing for agency refinancings is exclusively offered by Eastern Union's new multifamily group, which is led by the company's leading New York City-area broker, Michael Muller and its top Mid-Atlantic region broker, Marc Tropp. Together, Muller and Tropp close hundreds of deals annually across a range of property types and deal structures.

Transactions must meet or exceed a $15,000-fee threshold to be eligible for the new rate.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.