NEW YORK CITY—Eastern Union Funding haslaunched its Lender Portal, an interface designed to add speed andefficiency to commercial real estate transactions.
The Lender Portal is an interface that will enable deals to beviewed in one place. A lender will now be able to organize allavailable Eastern Union deals, including quotes, documents,checklists and rates using this software. The delivery and layoutwill allow initial review of deals in less than 60 seconds. This isbeneficial to a client, as their information is now presented in anmore organized fashion.
Eastern Union's brokers, who are collectively on track to closeover three billion in sales volume this year, consistentlyoriginate deals with over 70 lenders. The Portal will track thesenegotiations and, based on the information that the broker isentering, indicate every lender who likely has an appetite for agiven deal.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
