Real estate finance firm Eastern Union has has announced the promotion of Jacob Lipoff to executive managing director. In his new role, Mr. Lipoff will lead the company’s newly centralized QTS Banking and Capital Markets Division, and oversee all Eastern Union’s banking relationships from his base in Bethesda, MD.
"Transactions deserve to be financed by the most suitable lenders, and clients deserve the best possible rates," said Eastern Union co-founder and president Ira Zlotowitz. "Jacob Lipoff will help us achieve these goals because he understands our clients' relationships with the banking community, and because of his technological skills. He will further fortify the strong bonds that already unite Eastern Union with lenders nationwide."
Mr. Lipoff joined Eastern Union as a senior managing director from Meridian Capital in 2019. Prior to that, he served as chief operating officer at commercial real estate investment company Chateau Ridge Group.
"Eastern Union leverages our market knowledge and our powerful, proprietary technologies to help owners and investors secure the ideal quote," said Mr. Lipoff. "I will ensure that these quotes are honored straight through to the closing table."