PHILADELPHIA–The privately owned Eastern UnionCommercial mortgage company has expanded its Northeastern presenceby opening an office at 100 South Broad Street in the heart ofdowntown Philadelphia.

Eli Breiner, a managing director with EasternUnion, will lead the new office. Breiner, one of the firm’shighest-producing brokers in New Jersey, has recently arrangedfinancing for a number of prominent real estate owners in thePhiladelphia area. He possesses an extensive network of contactswith bankers and investors across the Northeast.

Originally from Connecticut, Breiner has worked closely withnumerous lenders in that state, including People’s United Bank. As a senior broker in Eastern Union’s New Jersey office, heworked with Investors Bank and other banks and investors.
In Philadelphia, Breiner said, he will focus on kindling freshrelationships between these institutional contacts and real estateborrowers.